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$623,000

NAL Estimated Property Value

3115 Chapel Downs Drive, Dallas, TX, 75229

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,350 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$197.83 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator, Gas Water Heater
FlooringCarpet, Laminate, Stone

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size10,000 sqft

Building Information

Year Built1962
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000588475000000
Lot Number2
SubdivisionChapel Downs 2nd Sec
Land UseResidential
Legal DescriptionCHAPEL DOWNS 2ND SEC BLK E/6431 LT 2 INT202100088739 DD03262021 CO-DC 6431 00E 00200 1006431 00E
Census Tract009701
Assessed Land Value$237,500
Assessed Improvement Value$358,710
Assessment Year2025

About this property

MUST SEE!!! Stunning updated home that backs up to greenbelt with direct access to the Northhaven Trail! Situated in highly sought after Chapel Downs neighborhood. Beautifully renovated kitchen. Brand new quartz countertops and large waterfall island. 2 living rooms with open living room kitchen concept plus skylights. Large master bedroom with 3 closets with custom built ins. Huge covered back patio great for entertaining. Lots of upgrades including fresh paint, updated half bath, 8FT privacy fence 2019, new AC unit 2018, new landscaping 2020, Low E windows & roof 2015 plus more! Easy access to 635, DNT, I35 minutes from Uptown, Downtown, Galleria & Northpark mall.

Investor Tools

Property Icon
$623,000
Estimated Property Value
$548,972Estimated Mortgage Balance
$74,028Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,738 /month
Positive
Cash Flow Estimate:
$1,246 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$952/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,307
$596,210
2025
$237,500
$358,710
$596,210
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,307
$596,210

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Tech Fcu
Stand Alone Second / Subordinate Position
$45,990
No
First
Mar 26, 2021
Apr 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$548,972
$74,028
11%
88%
$3,346/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$3,346/mo
$-1,374/mo
3.8%

City: Dallas

3115 Chapel Downs Drive | Property Details | No Agent List