Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$780,000

3040 Selma Ln, Farmers Branch, TX, 75234

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,859 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$272.82 / sqft
Year BuiltBuilt in 1965

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, Dryer, Gas Cooktop, Microwave, Convection Oven, Double Oven, Refrigerator
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size22,325 sqft

Building Information

Year Built1965
Stories1
Roof Type105
Garage Spaces2

Land Information

APN24182500070070000
Lot Number7
SubdivisionValley View
Land UseResidential
Legal DescriptionVALLEY VIEW ESTATES 3 BLK G LT 7 INT201200261006 DD08302012 CO-DC 1825000700700 2CF18250007
Census Tract014001
Assessed Land Value$360,000
Assessed Improvement Value$256,690
Assessment Year2025

About this property

Meticulously maintained and extensively upgraded, this thoughtfully updated home brings ultimate peace of mind together with timeless mid-century charm. Since 2018, major systems have been completely refreshed, including a HVAC (2018), roof (2023), and updated pool equipment (fiberglass liner and Polaris pump replaced in 2021 & 2026). At the heart of the outdoor oasis sits a beautifully maintained saltwater pool, turning the backyard into a completely private summer retreat. Tucked into a quiet pocket of Farmers Branch, the home sits on a generous half-acre lot that backs up to a scenic, tree-lined creek, offering a rare country-living feel right in the city. Inside, the nearly 2,800-square-foot floor plan unfolds into a warm blend of character and modern comfort, grounded by wood floors and durable tile. The layout features a spacious four-bedroom design and two distinct living areas that anchor the home's livability. The main living spaces boast a striking beamed ceiling, while the second living area offers direct access to the pool, making indoor-outdoor entertaining effortless. The kitchen has been stylishly refreshed to complement the home's original architectural roots, featuring a premium double convection oven perfect for home chefs. Offering the perfect balance of tranquility and connectivity, this special property is located just minutes away from the Dallas North Tollway, Interstate 635, and Interstate 35E.

Investor Tools

Property Icon
$772,000
Estimated Property Value
$500,400Estimated Mortgage Balance
$150,318Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,680 /month
Positive
Cash Flow Estimate:
$1,560 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$690/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,425
$616,690
2025
$360,000
$256,690
$616,690
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,425
$616,690

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Credit Line (Revolving) / Heloc
$204,000
No
First
Apr 8, 2010
May 2020

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$621,682
$128,318
17%
81%
$4,225/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,600/mo
$4,225/mo
$-1,625/mo
4.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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.

Explore Texas Explore This Area
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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

3040 Selma Ln | Property Details | No Agent List