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$611,000

NAL Estimated Property Value

2748 Bay Meadows Ct, Farmers Branch, TX, 75234

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,579 Sq Ft
price_per_sqft$222.95 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Tankless Water Heater
FlooringBrick, Carpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesBalcony, Garden
Lot Size16,887 sqft

Building Information

Year Built1962
Stories1
Roof Type105
Garage Spaces2

Land Information

APN24077500040060000
Lot Number6
SubdivisionFarmington Park
Land UseResidential
Legal DescriptionFARMINGTON PARK ESTATES 2ND SEC BLK 4 LT 6 INT202300114234 DD06082023 CO-DC 0775000400600 2CF07750004
Census Tract014001
Assessed Land Value$240,000
Assessed Improvement Value$325,830
Assessment Year2025

About this property

Warm and Inviting Mid Century Modern Gem nestled on a Cul de Sac. Spacious, landscaped .388 acre lot backs up to a tree lined view. Intentionally designed to bring in an abundance of natural light and showcase beautiful outdoor views throughout. Vaulted living and formal dining are accented with wood beams. Burmese teak hardwoods in Living, Eucalyptus engineered hardwood in Dining. Kitchen updates include sleek white cabinets, SS appliances and farmhouse sink. Step down into an oversized breakfast room overlooking backyard. 3 Secondary bedrms and 2 full baths down. Largest downstairs bedrm has murphy bed and attached full bath- great for guests or in-law suite. Loft-Style Primary Bedrm fills entire upstairs, incl. ensuite bath, WIC, and flex room- perfect for Office, Nursery, or Craft room! Attached private balcony is reminiscent of a treehouse, a perfect place to start and end your day. Around the corner from Mallon Park. Convenient access to major highways. Roof replaced March 2023.

Investor Tools

Property Icon
$611,000
Estimated Property Value
$459,104Estimated Mortgage Balance
$151,896Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,666 /month
Positive
Cash Flow Estimate:
$1,222 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,034/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,348
$565,830
2025
$240,000
$325,830
$565,830
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,348
$565,830

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Home Mortgage Llc
Conventional
$485,000
No
First
Jun 8, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$459,104
$151,896
24%
75%
$2,908/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,600/mo
$2,908/mo
$-308/mo
5.1%

City: Farmers Branch

2748 Bay Meadows Ct | Property Details | No Agent List