$424,900
$439,000
3005 Cameo Ln, Farmers Branch, TX, 75234
On Market
Price Drop
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Wine Cooler
Exterior
Lot Size8,750 sqft
Building Information
Year Built1958
Stories1
Roof Type105
Garage Spaces2
Land Information
APN24216500160330000
Lot Number33
SubdivisionValwood Park 22
Land UseResidential
Legal DescriptionVALWOOD PARK 22 BLK 16 LOT 33 INT201900154707 DD06142019 CO-DC 2165001603300 2CF21650016
Census Tract013902
Assessed Land Value$180,000
Assessed Improvement Value$232,870
Assessment Year2025
About this property
Welcome to this awesome 1 story home in a great location of Farmers Branch. Completely renovated with an amazing floor plan, great for entertaining. Nice open kitchen with gas cooktop and breakfast bar, coffee bar and bench in front room, large family room with lots of flexibility for use. Large stone patio off sliding glass doors, cast iron sewer pipes have been replaced with PVC, gutters added, smart garage door openers. This home is ready for its new owner! A must see!
Investor Tools
$216,805Estimated Mortgage Balance
$229,191Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,670 /month
Positive
Cash Flow Estimate:
$890 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$482/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,559
$412,870
2025
$180,000
$232,870
$412,870
No
Tax History
Year
Tax Paid
Assessed Value
2025
$3,559
$412,870
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$245,000
No
First
May 13, 2021
Jun 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$216,805
$236,195
52%
49%
$1,016/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,990/mo
$1,016/mo
+$974/mo
5.4%
