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$272,753

NAL Estimated Property Value

305 Meandering Way, Glenn Heights, TX, 75154

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,564 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$169.44 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

BankruptcyOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Gas Oven, Microwave
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size8,943 sqft

Building Information

Year Built1988
Stories2
Roof Type105
Garage Spaces2

Land Information

APN36.8400.006.005.00.111
Lot Number5
SubdivisionStone Creek Ph I
Land UseResidential
Legal DescriptionLOT 5 BLK 6 STONE CREEK PH I .2053 AC
Census Tract060216
Assessed Land Value$65,000
Assessed Improvement Value$207,753
Assessment Year2025

About this property

Welcome home! This home features 3 large bedrooms, 2.5 bathrooms, and an attached 2-car garage located in Glenn Heights. Just right outside of Dallas, this property is in a PRIME location near shops, dining, and schools. Step inside and be wowed with soaring two-story ceilings, bright natural light, designer paint, and luxe wood-look laminate flooring. The living room features a cozy fireplace & plenty of room for sectional seating. Adjacent to the family room, you'll find your formal dining room, breakfast nook & spacious kitchen. With multiple dining options, this kitchen is an entertainer's DREAM! Features include crisp white upper and lower cabinets, Granite-look counters, a gas range, and ample amounts of counter space. The primary suite features a tall vaulted ceiling, an ensuite bathroom, and a walk-in closet. Upstairs, you'll find two spacious guest rooms with a secondary bathroom featuring DUAL sinks and a tub & shower combo. Outside, the backyard has limitless possibilities!

Investor Tools

Property Icon
$272,753
Estimated Property Value
$408,719,710Estimated Mortgage Balance
$272,753Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,637 /month
Positive
Cash Flow Estimate:
$546 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$423/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,708
$272,753
2025
$65,000
$207,753
$272,753
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,708
$272,753

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Royal Bank Of Canada
Commercial
$410,500,000
No
First
Feb 5, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$408,719,710
N/A
0%
149850%
$2,461,155/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$2,461,155/mo
$-2,459,075/mo
9.2%

City: Glenn Heights

305 Meandering Way | Property Details | No Agent List