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$547,000

3008 Lavita Ln, Farmers Branch, TX, 75234

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,334 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$293.49 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave, Wine Cooler
FlooringHardwood, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting
Lot Size17,478 sqft

Building Information

Year Built1956
Stories1
Roof Type105
Garage Spaces2

Land Information

APN24182500060020000
Lot Number2
SubdivisionValley View
Land UseResidential
Legal DescriptionVALLEY VIEW ESTATES 3 BLK F LOT 2 INT201600024403 DD01272016 CO-DC 1825000600200 2CF18250006
Census Tract014001
Assessed Land Value$330,000
Assessed Improvement Value$212,960
Assessment Year2025

About this property

Timeless Charm Meets Modern Living! This stunning Ranch-style home is nestled on a gorgeous, heavily treed 0.40-acre lot in the heart of the Metroplex—just minutes from top private schools, both airports, and downtown Dallas. The preserved 1950s charm shines through from the inviting covered front porch to the pristine original tile in the guest bath, seamlessly blended with today’s modern must-haves: a flexible, open floor plan, a fabulous island kitchen, dual primary suites, an enviable laundry room, and a dreamy backyard oasis. Step outside to a wonderful outdoor living center, pre-wired for a flat-screen TV, to easily host watch parties - and with nearly 600 sq ft of covered patio space, there is plenty of room for a crowd! The canopy of majestic shade trees affords extra time for relaxing or entertaining year-round. The chef’s kitchen is truly impressive, featuring stainless steel appliances, a gas cooktop, wine fridge, butcher block countertops, a huge island, abundant storage, and generous prep space. The spacious main primary suite offers built-ins, dual closets, dual sinks, and a separate glass-enclosed shower. A second primary suite—ideal for multi-generational living—includes an ensuite bath with a walk-in shower. Bedroom three features a stylish wood accent wall and a designated area for a desk, making it ideal for a home office or homework station. Thoughtful renovations have already been completed, and pride of ownership is evident throughout. From the first impression to the last, this home is full of character, comfort, and functionality. Homes like this rarely come on the market—don’t miss your chance to make it yours!

Investor Tools

Property Icon
$547,000
Estimated Property Value
$299,250Estimated Mortgage Balance
$313,823Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,110 /month
Positive
Cash Flow Estimate:
$1,370 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$977/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,991
$542,960
2025
$330,000
$212,960
$542,960
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,991
$542,960

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Iberiabank Mortgage Co
Conventional
$299,250
No
First
Jan 27, 2016
Feb 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$233,177
$313,823
57%
43%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,990/mo
N/A
+$1,990/mo
4.4%

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.

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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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3008 Lavita Ln | Property Details | No Agent List