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B+
NoAgentList RatingHow are grades calculated? Info

$383,000

2948 Harlee Dr, Farmers Branch, TX, 75234

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,906 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$198.85 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Gas Oven
FlooringCombination

Exterior

Exterior FeaturesRain Gutters
Lot Size10,000 sqft

Building Information

Year Built1972
Stories1
Roof Type105
Garage Spaces4

Land Information

APN24049500050080000
Lot Number8
SubdivisionChapel View
Land UseResidential
Legal DescriptionCHAPEL VIEW 2 LT 0008 00005 INT202400028618 DD02092024 CO-DC 0495000500800 2CF04950005
Census Tract013902
Assessed Land Value$115,000
Assessed Improvement Value$235,000
Assessment Year2025

About this property

Ready for a home in Farmers Branch, move-in ready and just waiting for your personal spice of life? Established quiet neighborhood in highly desirable Chapel View subdivision near Brookhaven Country Club, minutes away from 635 & I-35, walking trails and parks. Rear garage entrance offers access to home through the kitchen or large laundry room. Open eat-in kitchen leads to the living & dining room with beamed cathedral ceiling and gas log stone fireplace. Split floorplan with Primary bedroom, ensuite bath and walk-in closet, 2nd and 3rd bedrooms with Jack N Jill bathroom on one end of the home. Laundry room, half bath and 4th bedroom are on the other end of the home. Recent repairs include but may not be limited to: Roof replaced and rain gutters installed Spring 2020, Water heater 2020, Re-piped hot and cold water for entire house Spring 2021, foundation inspection completed December 2021. Bring your interior design ideas and style this one specifically for you and your needs!

Investor Tools

Property Icon
$383,000
Estimated Property Value
$339,500Estimated Mortgage Balance
$57,295Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,298 /month
Positive
Cash Flow Estimate:
$766 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$516/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,274
$350,000
2025
$115,000
$235,000
$350,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,274
$350,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$339,500
No
First
Feb 9, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$325,705
$57,295
14%
85%
$2,036/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,990/mo
$2,036/mo
$-46/mo
6.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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2948 Harlee Dr | Property Details | No Agent List