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$799,900

2965 Eric Ln, Farmers Branch, TX, 75234

PendingInfo
Beds4 Beds
Baths3 Bath
Baths3,006 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$266.1 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Range, Wine Cooler

Building Information

Year Built2015
Stories2
Roof Type105
Garage Spaces2

Land Information

APN24181500030060000
SubdivisionValley View Estates
Land UseResidential
Legal DescriptionVALLEY VIEW ESTATES 2 BLK 3 LT 6 INT201900066637 DD03152019 CO-DC 1815000300600 2CF18150003
Census Tract014001
Assessment Year2025

About this property

Beautifully designed 4 bedroom, 3 bath home built in 2015, nestled in the highly sought-after Valley View Estates of Farmers Branch, one of the most welcoming and community driven areas in DFW. Showcasing a refined rustic style, this home seamlessly blends warmth, character, and modern functionality with standout features throughout. Thoughtful, high value upgrades include a whole home generator for uninterrupted power. The exterior is enhanced with professionally installed landscape lighting in both the front and backyard, including uplighting in the trees. A smart irrigation system with an online controller efficiently manages watering for the lawn and flower beds, while leaf guard gutter systems provide low maintenance living. Step inside to soaring vaulted ceilings accented with custom wood beams, rich oak hardwood floors, and elegant arched doorways that create an inviting yet elevated feel. Natural light pours in, highlighting reclaimed wood accent walls and designer lighting throughout. The stunning stone gas fireplace serves as a striking focal point, creating a memorable space for gatherings. The open-concept layout is ideal for both everyday living and entertaining. The kitchen offers stainless steel appliances, a wine fridge, ample counter space, and flows effortlessly into the main living areas. Additional features include a mudroom, utility room, built-in surround sound, and plantation shutters throughout. The spacious primary suite is located on the first floor, offering privacy and convenience, complete with a custom closet system and a well appointed ensuite bath. The home provides flexibility for guests, a home office, or multi-generational living. Situated on an oversized lot, the backyard features a large covered patio and ample space to create your ideal outdoor retreat. Located just minutes from dining, shopping, and all of Dallas’ major highways, this home offers the perfect balance of style, comfort, and long-term value all in one.

Investor Tools

$399,684Estimated Mortgage Balance
$443,158Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,052 /month
Positive
Cash Flow Estimate:
$1,684 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$847/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,948
$690,000
2025
N/A
N/A
$690,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,948
$690,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
North Dallas Bank & Trust Co
Conventional
$455,500
No
First
Apr 8, 2020
May 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$399,684
$442,316
52%
47%
$2,731/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,600/mo
$2,731/mo
$-131/mo
3.7%

City: Farmers Branch

2965 Eric Ln | Property Details | No Agent List