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$338,090

NAL Estimated Property Value

2969 Phyllis Ln, Farmers Branch, TX, 75234

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,392 Sq Ft
price_per_sqft$215.45 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range
FlooringHardwood, Tile

Exterior

Lot Size9,750 sqft

Building Information

Year Built1954
Stories1
Roof Type105
Garage Spaces2

Land Information

APN24181500020070000
Lot Number7
SubdivisionValley View
Land UseResidential
Legal DescriptionVALLEY VIEW ESTATES 2 BLK 2 LOT 7 INT202500090892 DD04302025 CO-DC 1815000200700 2CF18150002
Census Tract014001
Assessed Land Value$175,000
Assessed Improvement Value$163,090
Assessment Year2025

About this property

Calling all investors, flippers, and DIY enthusiasts! This 3 bedroom, 2 bath home is the perfect opportunity to bring your vision to life. Situated in a desirable and quiet neighborhood, this property has great potential for renovation or rental income. With 1,392 sq. ft. of space the possibilities are endless. Whether you're looking to renovate or update it for a long-term investment, this home is ready for transformation. This is a rare chance to own a property with huge upside potential at an unbeatable price. Sold as-is, so bring your creativity and contractor!

Investor Tools

Property Icon
$338,090
Estimated Property Value
$328,569Estimated Mortgage Balance
$9,521Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,029 /month
Positive
Cash Flow Estimate:
$676 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$347/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,477
$338,090
2025
$175,000
$163,090
$338,090
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,477
$338,090

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Logos Legacy Capital Llc
Commercial
$330,000
No
First
Feb 13, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$328,569
$9,521
2%
97%
$1,979/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,990/mo
$1,979/mo
+$11/mo
7.1%

City: Farmers Branch

2969 Phyllis Ln | Property Details | No Agent List