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$803,420

NAL Estimated Property Value

12961 Averi Ln, Farmers Branch, TX, 75234

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,206 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$265.13 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Cooktop, Microwave, Water Softener
FlooringCarpet, Vinyl

Exterior

Lot Size5,539 sqft

Building Information

Year Built2021
Stories2
Roof Type105
Garage Spaces2

Land Information

APN241055400A0190000
Lot Number19
SubdivisionKensington Place
Land UseResidential
Legal DescriptionKENSINGTON PLACE BLK A LT 19 ACS 0.1272 INT202200239790 DD08302022 CO-DC 1055400A01900 2CF1055400A
Census Tract014002
Assessed Land Value$90,000
Assessed Improvement Value$713,420
Assessment Year2025

About this property

Northeast-facing, breathtaking estate-style First Texas home showcasing over 100K in premium upgrades! This stately home is situated on a desirable lot with no neighbors behind. This designer showpiece checks every box, with the main floor featuring the primary suite, a tucked-away private guest or mother-in-law suite, and a dedicated office, with 2.5 baths down, a rare and highly desirable layout. Your cooking experience is elevated in this stunningly designed chef style dream kitchen featuring sleek stainless steel Electrolux appliances, gas cooktop, upscale quartz countertops, a large center island with a deep stainless steel sink, and impressive upgraded cabinetry! The spacious dining area is perfect for entertaining or family meals, accented by a designer chandelier that complements the home’s high-caliber feel. Enjoy relaxing in a light-filled living area highlighting a boldly designed fireplace adding to the homes elevated ambiance. Unwind in your expansive primary suite with a spa-like ensuite bathroom, featuring dual vanities, oversized shower, designer tile, a stunning tile-framed standalone soaking tub, and an expansive walk-in closet! Head upstairs to find two spacious secondary bedrooms (or media room) along with a generously sized game room perfect for game nights or weekend hangouts. Step outside to your tranquil backyard retreat complete with a covered patio. Additional upgrades include: whole-house water softener, reverse osmosis system, epoxy flooring, electric gate, integrated sound and media system, and so much more! Please get with agent for the extensive list of upgrades! Located in the highly sought after Mercer Crossing master-planned community featuring an amenity center, multiple pools, a gym, dog parks, playgrounds, lakes, and extensive walking trails. The location is unbeatable—offering easy access to 635, 35, the George Bush Turnpike, both airports, and countless shopping and dining options. Don’t miss out on this move-in-ready gem!

Investor Tools

Property Icon
$803,420
Estimated Property Value
$652,077Estimated Mortgage Balance
$151,343Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,100 /month
Positive
Cash Flow Estimate:
$1,700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$934/month
$1,647/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,194
$803,420
2025
$90,000
$713,420
$803,420
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,194
$803,420

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$509,964
No
First
Aug 30, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$652,077
$151,343
18%
81%
$4,149/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,600/mo
$5,796/mo
$-3,196/mo
3.9%

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.

Explore Texas Explore This Area
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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12961 Averi Ln | Property Details | No Agent List