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$854,000

NAL Estimated Property Value

3107 Longmeade Drive, Farmers Branch, TX, 75234

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,300 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181.52 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size10,868 sqft

Building Information

Year Built2017
Stories2
Roof Type105
Garage Spaces2

Land Information

APN24097500070010000
Lot Number1
SubdivisionJohnston Park
Land UseResidential
Legal DescriptionJOHNSTON PARK 1 BLK 7 LOT 1 INT201800275931 DD10152018 CO-DC 0975000700100 2CF09750007
Census Tract013807
Assessed Land Value$120,000
Assessed Improvement Value$622,880
Assessment Year2025

About this property

Beautiful new construction in the center of the metroplex! Farmers Branch new build with 5 bedroom 3.1 baths and the builder has paid every attention to detail imaginable! When walking in the home, it is very open and welcoming with the master suite downstairs separated from living areas along with tons of room to entertain! Additional master suite upstairs as well.

Investor Tools

Property Icon
$854,000
Estimated Property Value
$168,578Estimated Mortgage Balance
$685,422Estimated Equity
80% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,124 /month
Positive
Cash Flow Estimate:
$1,708 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,362/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,068
$742,880
2025
$120,000
$622,880
$742,880
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,068
$742,880

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Unknown
$199,000
No
First
Oct 15, 2018
Nov 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$168,578
$685,422
80%
20%
$1,194/mo

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.

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

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