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B+
NoAgentList RatingHow are grades calculated?Info
Days82Days on Market
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$335,000

2952 Lavita Ln, Farmers Branch, TX, 75234

$376,249 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,700 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$197.06 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesFire Pit, Rain Gutters, Private Yard, Storage

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces2

Land Information

APN24181500060020000
SubdivisionValley View Estates
Land UseResidential
Legal DescriptionVALLEY VIEW ESTATES 2 BLK 6 LT 2 INT201000251085 DD09272010 CO-DC 1815000600200 2CF18150006
Census Tract014001
Assessment Year2025

About this property

Looking for that perfect blend of classic character and modern convenience? This Farmers Branch gem delivers exactly that. With four bedrooms and two bathrooms, this home welcomes you in with rich hardwood floors and thoughtful lighting that creates a warm, inviting glow throughout the main living spaces. The layout offers fantastic flexibility, especially with the garage conversion. This fourth bedroom is tucked away and oversized, making it an ideal candidate for a secondary primary suite, a sprawling hobby room, or a secluded home office. Outside, the spacious backyard is a blank canvas ready for summer gardening, weekend gatherings, or simply enjoying the fresh air. Plus, with no HOA, you have the freedom to truly make this property your own. The location is where this home really shines. You’re perfectly positioned for easy commuting with quick access to 635, but the real draw is the local lifestyle. Farmers Branch is known for its incredible public amenities, and you’ll be just minutes away from the city’s top-tier pool, the recreation center, and the local dog park. Spend your weekends exploring the unique glow-in-the-dark features of Joya Park, hitting the links at the nearby golf course, or enjoying the many community events that make this city so special. It’s a rare opportunity to snag a versatile home in one of the most amenity-rich pockets of the metroplex. Foundation repair is needed and priced accordingly. Documents attached in Transaction Desk.

Investor Tools

$219,579Estimated Mortgage Balance
$188,251Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$376,249
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,442 /month
Positive
Cash Flow Estimate:
$814 /month

Interested in this property?

Meagan Faulkner

Compass RE Texas, LLC.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$435/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,181
$319,600
2025
N/A
N/A
$319,600
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,181
$319,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Airlines Fcu
Conventional
$240,000
No
First
Dec 2, 2021
Jan 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,579
$176,421
44%
54%
$1,439/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,990/mo
$1,439/mo
+$551/mo
5.9%

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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2952 Lavita Ln | Property Details | No Agent List