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$172,660

NAL Estimated Property Value

2805 Rio Branco Street 105G, Farmers Branch, TX, 75234

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths976 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$173.67 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Laminate, Wood

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size11.33 acres

Building Information

Year Built1970
Stories2
Roof Type172

Land Information

APN24165600071050000
SubdivisionTara Place Condominiums
Land UseResidential
Legal DescriptionTARA PLACE CONDOMINIUMS 11.328 ACS BLDG G UNIT 105 & 0.640% CE INT202200069885 DD03102022 CO-DC 0000000000000 12416560007
Census Tract014001
Assessed Land Value$31,580
Assessed Improvement Value$141,080
Assessment Year2025

About this property

Don't miss this gem in the heart of Farmers Branch! Secluded, quiet and cozy. Fantastic location near Neighborhood Walmart, Historic Park, restaurants, banks, stores, DART, parks and highways. Many updates in the last 2 years including fresh paint throughout, windows, HVAC, dishwasher, and carpet! This corner unit is a prime location, just steps from parking, laundry and saltwater swimming pool. New french doors open to your spacious 12 x 12 covered patio, shaded by mature cedar elms and crepe myrtles, great for cooking and enjoying the Texas weather. Large carpeted bedrooms on 2nd floor with walk in closets and shared full bath. Lots of storage space including large closet beneath the stairs.

Investor Tools

Property Icon
$172,660
Estimated Property Value
$138,263Estimated Mortgage Balance
$34,397Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,036 /month
Positive
Cash Flow Estimate:
$345 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$352/month
$348/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,362
$172,660
2025
$31,580
$141,080
$172,660
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,362
$172,660

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Conventional
$150,000
No
First
Mar 10, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$138,263
$34,397
19%
80%
$900/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,580/mo
$1,248/mo
+$332/mo
11.0%

City: Farmers Branch

2805 Rio Branco Street 105G | Property Details | No Agent List