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$215,000

312 Melody Lane, Duncanville, TX, 75116

$251,319 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,441 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$88.08 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

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 Oven, Gas Cooktop
FlooringCarpet, Ceramic Tile, Laminate, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size11,115 sqft

Building Information

Year Built1967
Stories2
Roof Type105
Garage Spaces2

Land Information

APN22100500050070000
Lot Number7
SubdivisionMerribrook Park
Land UseResidential
Legal DescriptionMERRIBROOK PARK INST 2 LT 7 BLK E INT201900137354 DD05282019 CO-DC 1005000500700 4CV10050005
Census Tract016518
Assessed Land Value$50,000
Assessed Improvement Value$338,740
Assessment Year2025

About this property

Large family home with 3 living areas and updated kitchen with updated applianced and cabinets and backsplash, fresh paint inside and out and updated flooring. all baths updated with all new touches with lighting , fans , hardware, landscape, large yard in central location in metroplex.Ready for new owner just unpack

Investor Tools

Property Icon
$388,740
Estimated Property Value
$0Estimated Mortgage Balance
$182,556Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$251,319
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,332 /month
Positive
Cash Flow Estimate:
$777 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$567/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,863
$388,740
2025
$50,000
$338,740
$388,740
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,863
$388,740

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Summit Funding Inc
Fha
$211,105
Yes
First
May 28, 2019
Jun 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$206,184
$182,556
46%
53%
$1,417/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,417/mo
+$555/mo
6.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Duncanville

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312 Melody Lane | Property Details | No Agent List