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$370,000

NAL Estimated Property Value

2905 Lavita Lane, Farmers Branch, TX, 75234

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,595 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$119.06 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesPlumbed For Ice Maker
FlooringCeramic Tile, Concrete

Exterior

Lot Size9,100 sqft

Building Information

Year Built1961
Stories1
Roof Type105
Garage Spaces2

Land Information

APN24180500090200000
Lot Number20
SubdivisionValley View
Land UseResidential
Legal DescriptionVALLEY VIEW ESTATES 1 LT 0020 INT202300246241 DD10012023 CO-DC 1805000902000 2CF18050009
Census Tract014001
Assessed Land Value$157,500
Assessed Improvement Value$178,230
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED, PLEASE SUBMIT BEST AND FINAL OFFER BY 7-10-19 AT NOON. Investor special 3-2-2 brick house on a corner lot in Farmers Branch, this is a fixer upper offered AS-IS. Seller to make no repairs. Power is off and will not be turned on by seller.

Investor Tools

Property Icon
$370,000
Estimated Property Value
$293,819Estimated Mortgage Balance
$76,181Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,220 /month
Positive
Cash Flow Estimate:
$740 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$731/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,917
$335,730
2025
$157,500
$178,230
$335,730
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,917
$335,730

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Halterez Inc
Purchase Money Mortgage
$308,300
No
First
Oct 1, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$293,819
$76,181
20%
79%
$1,849/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,990/mo
$1,849/mo
+$141/mo
6.5%

City: Farmers Branch

2905 Lavita Lane | Property Details | No Agent List