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$4,150

$4,300

12991 Vinson Dr, Farmers Branch, TX, 75234

On MarketInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths2,982 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.39 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave
FlooringCarpet, Vinyl

Exterior

Lot Size4,697 sqft

Building Information

Year Built2021
Stories2
Roof Type105
Garage Spaces2

Land Information

APN241055400E0160000
Lot Number16
SubdivisionKensington Place
Land UseResidential
Legal DescriptionKENSINGTON PLACE BLK E LT 16 ACS 0.1078 INT202200191620 DD07082022 CO-DC 1055400E01600 2CF1055400E
Census Tract014002
Assessed Land Value$90,000
Assessed Improvement Value$600,690
Assessment Year2025

About this property

East facing breathtaking home avail for lease on a premium corner lot located in the highly sought after Mercer Crossing Master-Planned Community. Like new and filled with abundant natural light, this beautifully designed home showcases premium upgrades throughout, boasts picturesque curb appeal and truly checks every box. Thoughtfully designed, the main-floor features the primary suite, a designated office with sophisticated double-pane French glass doors, and a private bath. Unwind in your spacious primary bedroom with a stunning spa-inspired ensuite bath with dual vanities, and an oversized walk-in shower adorned with gorgeous floor to ceiling designer tile, and an expansive walk-in closet. At the heart of the home, you’ll find a show-stopping chef-style kitchen featuring sleek stainless steel Whirlpool appliances, a 5-burner gas cooktop, dual-bowl stainless steel sinks, upscale quartz countertops, elegant subway tile backsplash, a sleek stainless steel vent hood, spacious center island with stylish pendant lighting with extensive and striking floor-to-ceiling cabinetry! The oversized dining room is ideal for entertaining or family meals, and flows seamlessly into the home's open-concept living spaces. Enjoy time in your cozy living room with a sleek electric fireplace, an impressive premium upgrade that adds both warmth and modern style. Upstairs, discover three spacious secondary bedrooms, 2 full baths, an expansive game room, and a theatre-style media room, ideal for the kids hangouts and family movie nights. Located in the highly sought after Mercer Crossing Master-Planned Community featuring an amenity center, gym, dog parks, playgrounds, lakes, and extensive walking trails. Location is unbeatable with easy access to 635, 35, President George Bush Turnpike, both airports, and countless shopping and dining options. Experience elevated living in this exceptional lease opportunity

Investor Tools

$456,788Estimated Mortgage Balance
$270,876Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,356 /month
Positive
Cash Flow Estimate:
$1,452 /month

Interested in this property?

Sandra Drake

Ebby Halliday, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$818/month
$1,647/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,187
$690,690
2025
$90,000
$600,690
$690,690
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,187
$690,690

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$492,854
No
First
Jul 8, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$456,788
$269,212
37%
63%
$2,955/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,600/mo
$4,602/mo
$-2,002/mo
4.3%

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: Farmers Branch

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12991 Vinson Dr | Property Details | No Agent List