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Owner Contacts

$381,000

NAL Estimated Property Value

3117 Longbow Ct, Dallas, TX, 75229

Off Market

3 Beds

2 Bath

1,437 Sq Ft

Single Family Residence

$240.08 / sqft

Built in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Electric Cooktop

FlooringCarpet, Vinyl

Exterior

Lot Size10,242 sqft

Building Information

Year Built1960

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000594343000000

Lot Number16

SubdivisionCoral Hills

Land UseResidential

Legal DescriptionCORAL HILLS BLK 18/6441 LOT 16 LONGBOW CT INT202500041285 DD02252025 CO-DC 6441 018 01600 1006441 018

Census Tract009607

Assessed Land Value$202,500

Assessed Improvement Value$135,590

Assessment Year2025

About this property

Step into this 3-bed, 2-bath move-in ready home on an oversized nearly quarter acre cul-de-sac lot in the Private School Corridor, with easy access to the Tollway, and both airports. Also located within 3 minutes of brand new premier Degolyer DISD. 5 minute drive to Hockaday and easy access to the Northaven Trail. Also close to two huge city parks. New builds in the area are $1.6M+. Bathrooms are renovated. New Water Heater. Foundation transferrable warranty per owner.

Investor Tools

$381,000

Estimated Property Value

$256,620Estimated Mortgage Balance

$124,380Estimated Equity

32% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,286 /month

Positive

Cash Flow Estimate:

$762 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$774/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,384

$338,090

2025

$202,500

$135,590

$338,090

Tax History

Year

Tax Paid

Assessed Value

2024

$7,384

$338,090

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Interlinc Mortgage Services Llc

Unknown

$262,425

First

Feb 25, 2025

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$256,620

$124,380

32%

67%

$1,574/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,574/mo

+$398/mo

6.2%

Learn About the Market: Opportunity in Dallas

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