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$637,000

3052 Mitchell Way, The Colony, TX, 75056

$683,538 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths4,002 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.17 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Dishwasher, Disposal, Double Oven, Electric Oven, Gas Cooktop, Microwave, Other, Plumbed For Ice Maker, Warming Drawer, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size7,902 sqft

Building Information

Year Built2007
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR524638
Lot Number12
SubdivisionAberdeen At Tribute Ph 1
Land UseResidential
Legal DescriptionABERDEEN AT TRIBUTE PH 1 BLK C LOT 12
Census Tract021534
Assessed Land Value$168,363
Assessed Improvement Value$601,217
Assessment Year2025

About this property

Welcome home to this gorgeous Highland home located in The Tribute; a golf, lake & resort community in the heart of N. Dallas. This home boasts fabulous hardwoods throughout, media room, game room with wet bar, crown molding, NEW carpet, NEW light fixtures & open grand staircase. You'll love grilling at the full outdoor kitchen & enjoy one of the largest private backyards in this Aberdeen community. Take note of the 2 fireplaces, extra desk space outside the laundry, upgraded theater and game room carpet & bonus front room! Conveniently located within walking distance of the new STEM school, playground & community splash pad!

Investor Tools

Property Icon
$769,580
Estimated Property Value
$536,695Estimated Mortgage Balance
$179,284Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$683,538
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,617 /month
Positive
Cash Flow Estimate:
$1,539 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,438/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,412
$769,580
2025
$168,363
$601,217
$769,580
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,412
$769,580

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of England
Conventional
$536,695
No
First
Jun 25, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$590,296
$179,284
23%
77%
$3,891/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,060/mo
$5,091/mo
$-2,031/mo
4.8%

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: The Colony

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3052 Mitchell Way | Property Details | No Agent List