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$650,000

NAL Estimated Property Value

2744 Bay Meadows Ct, Farmers Branch, TX, 75234

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,744 Sq Ft
price_per_sqft$245.99 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Oven, Gas Range, Vented Exhaust Fan, Water Softener
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Lighting, Uncovered Courtyard
Lot Size13,591 sqft

Building Information

Year Built1962
Stories1
Roof Type105
Garage Spaces2

Land Information

APN24077500040050000
Lot Number5
SubdivisionFarmington Park
Land UseResidential
Legal DescriptionFARMINGTON PARK ESTATES 2ND SEC BLK 4 LOT 5 INT202100203381 DD07072021 CO-DC 0775000400500 2CF07750004
Census Tract014001
Assessed Land Value$200,000
Assessed Improvement Value$407,810
Assessment Year2025

About this property

Meticulously updated and truly move-in ready, this beautifully maintained home sits on over one third of an acre and offers the perfect blend of charm, function, and flexibility. Major system upgrades have already been completed, including foundation work (2020), full liner on the sewer system to prevent leaks or breaks with a warranty (2022), updated electrical and breakers (2023), Fiber optic cable installed for FAST internet, and a 2-year-old roof with a transferable 10-year warranty. New gutters and uncovered back patio were added just last year, and a mini-split was installed to provide comfort in the upstairs den off of a secondary bedroom upstairs. Full list of upgrades are on TransactionDesk. The spacious kitchen is thoughtfully designed with shaker-style cabinetry, stainless steel appliances, a 5-burner gas range with pot filler, ample counter space, cabinet storage, and a walk-in pantry—ideal for everyday living and entertaining. Two bedrooms are located downstairs, along with a charming under-the-stairs playroom that feels like a storybook hideaway. Upstairs you'll find two generously sized bedrooms, including one with an adjoining den—perfect for a home office, gym, playroom, or creative space. Enjoy two large living areas, one anchored by a wood-burning stove and both filled with natural light that highlights the home's warm, welcoming layout. There’s storage everywhere you look, from the well-designed closets to a spacious outdoor storage shed for all your extras. The backyard is fully fenced with a new wooden privacy fence, offering space to roam. Whether you’re looking to entertain, garden, or just relax, there’s room for it all. This home is a rare find—thoughtfully updated, impeccably maintained, and ready for its next chapter.

Investor Tools

Property Icon
$650,000
Estimated Property Value
$421,528Estimated Mortgage Balance
$228,472Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,050 /month
Positive
Cash Flow Estimate:
$1,350 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,018/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,963
$607,810
2025
$200,000
$407,810
$607,810
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,963
$607,810

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$410,400
No
First
Jul 7, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$421,528
$228,472
35%
65%
$2,761/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,600/mo
$2,761/mo
$-161/mo
4.8%

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.

Explore Texas Explore This Area
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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2744 Bay Meadows Ct | Property Details | No Agent List