$276,000
NAL Estimated Property Value2604 Mount View Drive, Farmers Branch, TX, 75234
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Range, Plumbed For Ice Maker
FlooringWood
Exterior
Lot Size7,500 sqft
Building Information
Year Built1953
Stories1
Roof Type105
Garage Spaces1
Land Information
APN24177500040020000
Lot Number2
SubdivisionValley View
Land UseResidential
Legal DescriptionVALLEY VIEW 5 BLK 4 LOT 02 INT202000240567 DD09032020 CO-DC 1775000400200 2CF17750004
Census Tract014001
Assessed Land Value$185,000
Assessed Improvement Value$47,800
Assessment Year2025
About this property
Located in the quiet and highly desirable area of Branch Crossing. Walking distance to parks, Farmers Market, Historical Park, Rose Garden, creek, and playgrounds. Updated and Charming 3 bed 1 bath home with a large kitchen. Beautiful hardwood floors in living room and all bedrooms. Large backyard! Home has been updated with: full hvac system replaced in 2016, new roof in 2018, new electrical panel and fixtures, new water heater in 2016, 12+ inches of attic insulation.
Investor Tools
$276,000
Estimated Property Value
$169,858Estimated Mortgage Balance
$106,142Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,656 /month
Positive
Cash Flow Estimate:
$552 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$391/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,311
$232,800
2025
$185,000
$47,800
$232,800
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,311
$232,800
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$190,800
No
First
Sep 3, 2020
Oct 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$169,858
$106,142
38%
62%
$1,144/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,990/mo
$1,144/mo
+$846/mo
8.7%
