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$435,000

2909 Gainesborough Dr, Dallas, TX, 75287

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,656 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$163.78 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListMust-SellDeal ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Oven, Gas Range

Exterior

Lot Size11,156 sqft

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR78890
Lot Number2
SubdivisionTwin Creek Est 2
Land UseResidential
Legal DescriptionTWIN CREEK EST 2 BLK J LOT 2
Census Tract021616
Assessed Land Value$107,119
Assessed Improvement Value$513,573
Assessment Year2025

About this property

Welcome to this North Dallas home, located within the desirable Carrollton and Farmers Branch ISD. This property is being offered significantly below market value - an excellent opportunity to purchase with built-in equity. The open floor plan features bright living spaces, an additional game or living room, and a well-designed layout ideal for both everyday living and entertaining. The remodeled kitchen and bathrooms showcase modern finishes and added functionality. The roof was replaced in 2022, and the foundation was repaired in 2023 and comes with a transferrable lifetime warranty! Step outside to your private backyard oasis with a pool, perfect for relaxing or hosting gatherings. The home also offers spacious bedrooms and thoughtful upgrades throughout. Some renovations have been started but not completed, providing the next owner a unique opportunity to add their own finishing touches and further enhance value. The pool will require cleaning. Conveniently located near major highways, shopping, and dining, this home combines location, potential, and value. Property is being sold as-is.

Investor Tools

$482,492Estimated Mortgage Balance
$138,200Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,724 /month
Positive
Cash Flow Estimate:
$1,241 /month

Interested in this property?

Rafael Chavez

Solto Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$341/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$989
$620,692
2025
$107,119
$513,573
$620,692
No

Tax History

Year
Tax Paid
Assessed Value
2024
$989
$620,692

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Fha
$510,580
Yes
First
May 10, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$482,492
$138,200
22%
78%
$3,062/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,890/mo
$3,062/mo
$-172/mo
5.6%

City: Dallas

2909 Gainesborough Dr | Property Details | No Agent List