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$316,540

NAL Estimated Property Value

2551 Collingwood Drive, Farmers Branch, TX, 75234

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,569 Sq Ft
price_per_sqft$159.34 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Range
FlooringCarpet, Ceramic Tile

Exterior

Lot Size7,500 sqft

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces1

Land Information

APN24190500040270000
Lot Number27
SubdivisionValwood Park
Land UseResidential
Legal DescriptionVALWOOD PARK 2 BLK D LOT 27 INT202100262980 DD08312021 CO-DC 1905000402700 2CF19050004
Census Tract013901
Assessed Land Value$200,000
Assessed Improvement Value$116,540
Assessment Year2025

About this property

SHOWINGS TO BEGIN ON 7-26-2021. Freshly painted interior with Designer colors in gray and white. Laminate flooring in living room continuing down hallway. Ceramic Tile in Kitchen, breakfast area and large game room-media room. Breakfast opens to game room-media room. Bedrooms have new carpet. Game room can be converted into law suite for 4th bedroom if your family needs an additional bedroom in the future. Washer-dryer area is in garage. Open patio with tall wood fence for privacy. New HVAC Jan 2020, New roof Aug 2019, New Water heater 2018, Sprinklers 2018. Average utilities are $26 Gas, $112 Electric, $66 Water. Professional Photos coming soon.

Investor Tools

Property Icon
$316,540
Estimated Property Value
$150,104Estimated Mortgage Balance
$166,436Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,899 /month
Positive
Cash Flow Estimate:
$633 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$675/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,521
$316,540
2025
$200,000
$116,540
$316,540
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,521
$316,540

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$165,000
No
First
Aug 31, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$150,104
$166,436
52%
47%
$990/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,990/mo
$990/mo
+$1,000/mo
7.5%

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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2551 Collingwood Drive | Property Details | No Agent List