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$505,570

1486 Windermere Way, Farmers Branch, TX, 75234

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,002 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$264.74 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Lot Size2,329 sqft

Building Information

Year Built2019
Stories2
Roof Type105
Garage Spaces2

Land Information

APN248255100F0150000
Lot Number15
SubdivisionWindermere
Land UseResidential
Legal DescriptionWINDERMERE BLK F LT 15 INT202400116654 DD06102024 CO-DC 8255100F01500 2CF8255100F
Census Tract014002
Assessed Land Value$70,000
Assessed Improvement Value$435,570
Assessment Year2025

About this property

Welcome to Mercer Crossing! This luxurious 3-bedroom, 3.5 bathroom residence exudes elegance. As you enter, you're enveloped in a sense of grandeur, courtesy of the open floor plan of the main level which seamlessly connects the living, dining, and kitchen areas. The main level also hosts the primary bedroom for ultimate convenience and privacy. The two additional bedrooms are located on the first and third floors and offer ample space for family or guests. One of the standout features of this home is its expansive outdoor living space, situated on a spacious balcony, and boasts stunning skyline views of Dallas and downtown Las Colinas. The Mercer Crossing community presents an array of amenities tailored to enhance your lifestyle, including 2 sparkling swimming pools, modern fitness center, lush green spaces, and scenic trails. Convenient access to shopping, dining, entertainment and proximity to 3 major highways, Mercer Crossing epitomizes luxurious living with unmatched convenience.

Investor Tools

Property Icon
$505,570
Estimated Property Value
$420,000Estimated Mortgage Balance
$100,010Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,180 /month
Positive
Cash Flow Estimate:
$1,060 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$880/month
$776/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,035
$505,570
2025
$70,000
$435,570
$505,570
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,035
$505,570

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Conventional
$420,000
No
First
Jun 10, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$405,560
$100,010
19%
80%
$2,519/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,580/mo
$3,295/mo
$-1,715/mo
3.8%

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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1486 Windermere Way | Property Details | No Agent List