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$468,000

12802 Perrin Ln, Farmers Branch, TX, 75234

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,823 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$274.27 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

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

Exterior

Lot Size1,979 sqft

Building Information

Year Built2019
Stories2
Roof Type105
Garage Spaces2

Land Information

APN248255100C0340000
Lot Number34
SubdivisionWindermere
Land UseResidential
Legal DescriptionWINDERMERE BLK C LT 34 INT202400049442 DD03082024 CO-DC 8255100C03400 2CF8255100C
Census Tract014002
Assessed Land Value$70,000
Assessed Improvement Value$395,960
Assessment Year2025

About this property

Beautiful 2-story townhome conveniently located in the Mercer Crossing subdivision at the corner of Valley View and Luna. Inside you will find 3 bedrooms, 2.5 baths and 2-car garage! This home features great floorplan, abundance of natural light, hardwood on the first floor and beautiful view from each room. Primary bedroom offers oversized shower, dual vanities and a massive walk-in closet. HOA includes front yard maintenance, exterior maintenance, exterior insurance and community amenities include access to gym & swimming pool. There are plenty of parking lots in the nearby community park which is situated close to the property. Easy access to DFW airport and major freeways. Tons of shops and restaurants nearby.

Investor Tools

Property Icon
$468,000
Estimated Property Value
$357,000Estimated Mortgage Balance
$124,946Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$754/month
$851/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,707
$465,960
2025
$70,000
$395,960
$465,960
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,707
$465,960

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$357,000
No
First
Mar 8, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$343,054
$124,946
26%
73%
$2,141/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,990/mo
$2,992/mo
$-1,002/mo
5.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Farmers Branch

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12802 Perrin Ln | Property Details | No Agent List