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$625,000

NAL Estimated Property Value

3020 Citation Dr, Dallas, TX, 75229

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,201 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$295.32 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave
FlooringCeramic Tile, Wood

Exterior

Lot Size10,665 sqft

Building Information

Year Built1962
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000588406000000
Lot Number28
SubdivisionChapel Downs 3rd Sect
Land UseResidential
Legal DescriptionCHAPEL DOWNS 3RD SECT BLK C/6431 LOT 28 VOL2000160/4011 DD08092000 CO-DC 6431 00C 02800 1006431 00C
Census Tract009701
Assessed Land Value$250,000
Assessed Improvement Value$190,020
Assessment Year2025

About this property

Located deep within the established Chapel Downs neighborhood, this fully updated home offers peace, privacy, and polished living in one of Dallas’ most charming communities. From the moment you arrive, you’ll notice the thoughtful landscaping, mature trees, and inviting curb appeal. Inside, the open layout is both stylish and functional. A large living room centers around a painted brick fireplace with custom built-ins, creating a warm and welcoming gathering space. The adjacent dining area and gourmet kitchen make entertaining a breeze with granite countertops, a spacious island with breakfast bar seating, stainless steel appliances, and a walk-in pantry. Rich wood floors and soft neutral paint tones tie the spaces together beautifully. With four spacious bedrooms and two and a half baths, the home is designed for both daily living and flexibility. The primary suite includes a walk-in closet and a spa-like bathroom with dual sinks, a soaking tub, and a modern glass block window that allows natural light without sacrificing privacy. Each secondary bedroom offers ample space and closet storage. Head outside to a beautifully manicured backyard—ready for summer evenings or weekend relaxation. Residents of Chapel Downs enjoy a true neighborhood feel, complete with block parties where neighbors gather and friendships grow. This home is ideally situated for quick access to the Northaven Trail and major city routes, offering easy connectivity to both Dallas amenities and the surrounding suburbs. Stylish, serene, and move-in ready—this home is a standout in a neighborhood that is one of Dallas' best-kept secrets. Seller is offering a $7,500 credit at closing toward new flooring.

Investor Tools

Property Icon
$625,000
Estimated Property Value
$516,029Estimated Mortgage Balance
$108,971Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$780/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,229
$440,020
2025
$250,000
$190,020
$440,020
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,229
$440,020

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Stand Alone First / Home Equity First Lien
$522,900
No
First
Aug 12, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$516,029
$108,971
17%
83%
$3,136/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$3,136/mo
$-564/mo
4.9%

Learn About the Market: Opportunity in Dallas

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Explore

Dallas

The largest metro area in Texas, Dallas–Fort Worth blends corporate muscle with suburban sprawl and long-run growth. Anchored by Fortune 500 headquarters, two major airports, and sprawling master-planned communities, the region stretches from Uptown Dallas high-rises to Fort Worth’s historic Stockyards.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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3020 Citation Dr | Property Details | No Agent List