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$325,000

2509 Avenel Dr, Farmers Branch, TX, 75234

PendingInfo
Beds3 Beds
Baths3 Bath
Baths1,300 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$250 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Gas Range, Microwave, Tankless Water Heater
FlooringCeramic Tile, Vinyl

Exterior

Lot Size7,500 sqft

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces1

Land Information

APN24190500030420000
Lot Number42
SubdivisionValwood Park
Land UseResidential
Legal DescriptionVALWOOD PARK 2 BLK C LT 42 INT202200260375 DD09292022 CO-DC 1905000304200 2CF19050003
Census Tract013901
Assessed Land Value$200,000
Assessed Improvement Value$86,600
Assessment Year2025

About this property

Welcome to 2509 Avenel Drive, this home has been meticulously updated to combine modern efficiency with everyday comfort. Key mechanical upgrades include a BRAND NEW ROOF, a tankless water heater, and a newly upgraded 200-amp electrical panel. Step inside to discover BRAND NEW FLOORING throughout a spacious layout that now features three bedrooms and three full bathrooms. The floor plan is uniquely designed with two bedrooms featuring their own private ensuite full baths, complemented by a third full bathroom to serve guests and the secondary bedroom. The outdoor space is a true retreat, boasting a clear, expansive backyard perfect for relaxation and entertainment. Enjoy your mornings or evenings on the covered patio area, which also includes a convenient storage building. The location is unparalleled, offering a peaceful suburban feel just minutes from major thoroughfares including I-35E, I-635, and PGBT. Whether you are commuting to downtown Dallas, Las Colinas, or heading to DFW and Love Field airports, this home puts you at the center of it all. Near local parks and recreation, this property truly offers the best of North Texas living. Schedule your showing today!

Investor Tools

$238,132Estimated Mortgage Balance
$88,868Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,962 /month
Positive
Cash Flow Estimate:
$654 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$394/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,088
$286,600
2025
$200,000
$86,600
$286,600
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,088
$286,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$255,550
No
First
Sep 29, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$238,132
$88,868
27%
73%
$1,533/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,580/mo
$1,533/mo
+$47/mo
5.8%

City: Farmers Branch

2509 Avenel Dr | Property Details | No Agent List