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$779,000

3121 Citation Dr, Dallas, TX, 75229

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,119 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$367.63 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting
Lot Size10,000 sqft

Building Information

Year Built1962
Stories1
Roof Type105
Garage Spaces4

Land Information

APN00000588736000000
Lot Number29
SubdivisionChapel Downs 3rd Sect
Land UseResidential
Legal DescriptionCHAPEL DOWNS 3RD SECT BLK G/6431 LOT 29 CITATION DR INT202400244448 DD12022024 CO-DC 6431 00G 02900 1006431 00G
Census Tract009701
Assessed Land Value$250,000
Assessed Improvement Value$432,970
Assessment Year2025

About this property

This remarkable, fully updated home is bathed in natural light, featuring wood floors, exposed wood beams, and a spacious open layout. The multiple large living areas include a two-sided fireplace. The expansive kitchen offers an island sink, skylight, ample cabinet storage, Viking appliances, all seamlessly flowing into the dining and living areas. The primary suite boasts a generous walk-in closet and a luxurious bathroom with dual vanities and a beautiful glass-enclosed double shower. Additionally, the property includes a fully enclosed, climate-controlled converted patio, ideal for a game room or extra living space. No expense was spared with this brand-new, state-of-the-art pool, complemented by a private backyard with mature trees and privacy fence. Covered parking is available for up to five cars behind an electric gate, providing both convenience and protection.

Investor Tools

Property Icon
$682,970
Estimated Property Value
$616,520Estimated Mortgage Balance
$81,960Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,674 /month
Positive
Cash Flow Estimate:
$1,558 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,038/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,039
$682,970
2025
$250,000
$432,970
$682,970
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,039
$682,970

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
J Philips Mortgage Inc
Conventional
$616,520
No
First
Dec 2, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$601,010
$81,960
12%
88%
$3,697/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$3,697/mo
$-1,725/mo
3.5%

Learn About the Market: Opportunity in Dallas

Local Market Pages
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Explore

Dallas

The largest metro area in Texas, Dallas–Fort Worth blends corporate muscle with suburban sprawl and long-run growth. Anchored by Fortune 500 headquarters, two major airports, and sprawling master-planned communities, the region stretches from Uptown Dallas high-rises to Fort Worth’s historic Stockyards.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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3121 Citation Dr | Property Details | No Agent List