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$339,000

NAL Estimated Property Value

2938 Sinbad Trail, Farmers Branch, TX, 75234

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,573 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$222.19 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesPrivate Yard
Lot Size8,750 sqft

Building Information

Year Built1960
Stories1
Roof Type105
Garage Spaces1

Land Information

APN24199500210220000
Lot Number22
SubdivisionValwood Park
Land UseResidential
Legal DescriptionVALWOOD PARK 11 BLK 21 LOT 22 INT202200270174 DD10112022 CO-DC 1995002102200 2CF19950021
Census Tract013902
Assessed Land Value$100,000
Assessed Improvement Value$230,500
Assessment Year2025

About this property

Updated home in a quiet peaceful and leafy neighborhood. Sitting on a beautiful large lot with mature trees and a large backyard with a six foot privacy fence which was recently installed. This special home has an open floor plan, and the house has been updated in the kitchen, flooring, bathrooms etc. The house has vinyl energy efficient windows. The backyard has a large, covered deck for relaxing and enjoying the cool breeze and the numerous mature trees. Most of this house has undergone updating and feels warm and welcoming. Rawhide Park with extensive walking and jogging paths along with parks, benches, exercise stations and water ways is a sure fire hit for those who love the outdoors. Easy access to shopping and dining and hwys makes this home stand out.

Investor Tools

Property Icon
$339,000
Estimated Property Value
$233,003Estimated Mortgage Balance
$105,997Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,097 /month
Positive
Cash Flow Estimate:
$699 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$678/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,447
$330,500
2025
$100,000
$230,500
$330,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,447
$330,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sublime Financial Llc
Conventional
$249,600
No
First
Oct 11, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$233,003
$105,997
31%
69%
$1,497/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,990/mo
$1,497/mo
+$493/mo
7.0%

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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2938 Sinbad Trail | Property Details | No Agent List