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$484,000

NAL Estimated Property Value

2843 Bay Meadows Cir, Farmers Branch, TX, 75234

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,683 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$297.09 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Private Yard
Lot Size17,268 sqft

Building Information

Year Built1962
Stories1
Roof Type105
Garage Spaces2

Land Information

APN24077500030240000
Lot Number24
SubdivisionFarmington Park
Land UseResidential
Legal DescriptionFARMINGTON PARK ESTATES 2ND SEC BLK 3 LOT 24 INT202500122506 DD06112025 CO-DC 0775000302400 2CF07750003
Census Tract014001
Assessed Land Value$200,000
Assessed Improvement Value$282,380
Assessment Year2025

About this property

Welcome to your dream oasis at 2843 Bay Meadows Circle in the heart of Farmers Branch, TX, situated on a nearly .40 acre lot! This meticulously maintained home offers the perfect blend of modern updates and timeless charm. Step inside to explore three spacious bedrooms and two well-appointed full baths, all thoughtfully designed for comfort and functionality. The inviting living spaces flow effortlessly into a modern kitchen, perfect for hosting gatherings. The primary bedroom hosts an en-suite bath with dual vanity and a walk-in closet. Step outside to the custom-built oversized covered patio and the large backyard, a true entertainer's paradise, featuring a sparkling pool that beckons you to unwind and enjoy the friendly neighborhood vibes. Enjoy the tucked-away gazebo as well! This home's prime location, just steps from Mallon Park, and unique features promise a peaceful lifestyle. Don’t miss the chance to make it yours! Schedule a viewing today and experience the allure firsthand.

Investor Tools

Property Icon
$484,000
Estimated Property Value
$428,581Estimated Mortgage Balance
$55,419Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$631/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,155
$482,380
2025
$200,000
$282,380
$482,380
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,155
$482,380

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ml Mortgage Corp
Unknown
$39,600
No
First
Jun 11, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$428,581
$55,419
11%
89%
$2,613/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,990/mo
$2,613/mo
$-623/mo
4.9%

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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2843 Bay Meadows Cir | Property Details | No Agent List