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$299,500

1206 Farnham Ct E, Irving, TX, 75062

Under ContractInfo
Beds3 Beds
Baths2 Bath
Baths1,442 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$207.7 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Lot Size7,392 sqft

Building Information

Year Built1961
Stories1
Roof Type105
Garage Spaces2

Land Information

APN32345500220870000
Lot Number87
SubdivisionNorthgate West
Land UseResidential
Legal DescriptionNORTHGATE WEST 7 BLK 22 LOT 87 VOL86247/2682 ND121186 CO-DALLAS 3455002208700 13234550022
Census Tract014318
Assessed Land Value$75,000
Assessed Improvement Value$214,450
Assessment Year2025

About this property

Located in a quiet established neighborhood, this stunning 3 - bedroom, 2- bathroom house offers an exceptional opportunity to own a stunning property in Irving, Texas. This home features a perfectly designed floor plan for both comfort and style. Living room includes a spacious area with a gas burning fireplace which projects a warm and cozy ambiance. The garage conversion, carefully designed and constructed, created approximately 400sqft of additional living space, perfect layout for family gatherings or game room. With plenty of potential, this is an outstanding opportunity for a great home in Northgate West. Located in the heart of Dallas Fort Worth metroplex. Just on the edge of Las Colinas, near North Lake Campus of Dallas College and University of Dallas, this home offers easy access to DFW Airport & Love Field, as well as major highways & toll roads for a convenient commute. Enjoy the amenities nearby, including Las Colinas Country Club, well-lite sidewalks and local parks. Location is everything with this gem. Schedule your tour today.

Investor Tools

$31,886Estimated Mortgage Balance
$273,389Estimated Equity
89% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,830 /month
Positive
Cash Flow Estimate:
$610 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$398/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,251
$289,450
2025
$75,000
$214,450
$289,450
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,251
$289,450

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Abn Amro Mortgage Group Inc
Stand Alone First / Home Equity First Lien
$80,000
No
First
Sep 13, 2004
Oct 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$31,886
$278,114
89%
10%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
7.8%

Learn About the Market: Opportunity in Texas

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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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1206 Farnham Ct E | Property Details | No Agent List