$378,000
NAL Estimated Property Value2946 Fyke Road, Farmers Branch, TX, 75234
Off Market
Property Lead Type:
Off-Market ListHigh EquityMove-In Ready
Highlights
Interior
AppliancesDishwasher, Disposal, Microwave, Convection Oven
FlooringCeramic Tile, Laminate
Exterior
Lot Size7,625 sqft
Building Information
Year Built1964
Stories1
Roof Type105
Garage Spaces2
Land Information
APN24071500090090000
Lot Number9
SubdivisionDutch Village
Land UseResidential
Legal DescriptionDUTCH VILLAGE 2 BLK 9 LT 9 INT201900285741 DD10232019 CO-DC 0715000900900 2CF07150009
Census Tract013728
Assessed Land Value$180,000
Assessed Improvement Value$184,860
Assessment Year2025
About this property
Renovated Home in Nice Quiet Neighborhood! This Home has Four Bedrooms, Two full bathrooms, the Garage has been Converted into Room & Living Room room, totaling 1551 Sq. Ft. Fully Renovated Bathrooms with New Plumbing Fixtures. Laminated and Ceramic Tile floors. Awesome Kitchen has New Cabinets, with Granite Counters, with Stainless Steel Appliances. Large Lot with Matured Tree, with Open Large Patio. Close to Library, Schools, Recreation Center and Parks.
Investor Tools
$378,000
Estimated Property Value
$225,338Estimated Mortgage Balance
$152,662Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,268 /month
Positive
Cash Flow Estimate:
$756 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$784/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,517
$364,860
2025
$180,000
$184,860
$364,860
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,517
$364,860
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bancorpsouth Bank
Conventional
$259,000
No
First
Oct 23, 2019
Nov 2049
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$225,338
$152,662
40%
60%
$1,553/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,600/mo
$1,553/mo
+$1,047/mo
8.3%
