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$509,000

NAL Estimated Property Value

2969 Selma Ln, Farmers Branch, TX, 75234

Recently SoldInfo
8/31/26
Beds3 Beds
Baths3 Bath
Baths1,900 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$263.16 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Gas Cooktop, Gas Oven, Gas Range, Washer
FlooringHardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit
Lot Size9,750 sqft

Building Information

Year Built1959
Stories1
Roof Type105
Garage Spaces2

Land Information

APN24181500060130000
Lot Number13
SubdivisionValley View
Land UseResidential
Legal DescriptionVALLEY VIEW ESTATES 2 BLK 6 LT 13 INT202400099883 DD05152024 CO-DC 1815000601300 2CF18150006
Census Tract014001
Assessed Land Value$175,000
Assessed Improvement Value$207,670
Assessment Year2025

About this property

The sellers are preparing for their next chapter and have priced this home to encourage a timely sale. Don't miss this opportunity! This home is beautifully renovated with a perfect blend of modern luxury and timeless charm. Extensively remodeled over the past two years, this move-in-ready property offers peace of mind with major system updates, including a new 30-year roof, HVAC system, siding, and a transferable 10-year foundation warranty. Inside, you'll find solid hardwood floors throughout, a bright open-concept layout, and designer finishes at every turn. The stunning kitchen features premium appliances, soft-close cabinetry, and elegant quartzite countertops and backsplash, creating a space that's as functional as it is beautiful. The spa-inspired bathrooms showcase luxurious walk-in rain showers, adding a touch of everyday indulgence. Adding even more versatility, a bonus room completed in 2026 offers the perfect space for a fourth bedroom, home office, or playroom, to fit your lifestyle needs. Step outside to your private backyard retreat, complete with a sparkling pool, spacious deck, and a custom outdoor fire feature that conveys with the property - perfect for entertaining or relaxing under the Texas sky. The Japanese cedar board-on-board fence enhances both privacy and curb appeal. Ideally situated in the heart of Farmers Branch, this home offers the perfect combination of tranquility and convenience, with easy access to premier shopping, dining, parks, and major highways. Thoughtfully updated from top to bottom, 2969 Selma Lane is a rare opportunity to own a truly turnkey home in one of the area's most desirable communities.

Investor Tools

Property Icon
$509,000
Estimated Property Value
$244,400Estimated Mortgage Balance
$265,369Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,054 /month
Positive
Cash Flow Estimate:
$1,018 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$487/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,299
$382,670
2025
$175,000
$207,670
$382,670
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,299
$382,670

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$251,100
No
First
Jan 22, 2025
Feb 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$244,400
$198,600
44%
48%
$1,506/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,990/mo
$1,506/mo
+$484/mo
4.7%

City: Farmers Branch

2969 Selma Ln | Property Details | No Agent List