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$360,000

NAL Estimated Property Value

1205 Farnham Ct W, Irving, TX, 75062

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,442 Sq Ft
price_per_sqft$242.65 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range

Exterior

Lot Size7,776 sqft

Building Information

Year Built1960
Stories1
Roof Type105
Garage Spaces2

Land Information

APN32345500220900000
Lot Number90
SubdivisionNorthgate West
Land UseResidential
Legal DescriptionNORTHGATE WEST 7 BLK 22 LOT 90 INT202400042396 DD02292024 CO-DC 3455002209000 2CI34550022
Census Tract014318
Assessed Land Value$75,000
Assessed Improvement Value$252,410
Assessment Year2025

About this property

This newly renovated home boasts four bedrooms and an expansive living area. The backyard features peach, plum, and pear trees, providing ample space for relaxation. The neighborhood is characterized by its tranquility, situated within the Arts District of Los Colinas. This proximity to shopping centers and several freeways offers convenient access to various amenities. Additionally, the home’s location near the Dallas Zoo and airport provides easy access to these attractions. Don’t wait to see this home!

Investor Tools

Property Icon
$360,000
Estimated Property Value
$316,399Estimated Mortgage Balance
$43,601Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,160 /month
Positive
Cash Flow Estimate:
$720 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$733/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,000
$327,410
2025
$75,000
$252,410
$327,410
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,000
$327,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Conventional
$329,800
No
First
Feb 29, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$316,399
$43,601
12%
88%
$1,978/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,978/mo
+$594/mo
8.6%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Irving

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1205 Farnham Ct W | Property Details | No Agent List