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$629,000

NAL Estimated Property Value

3121 Ponder Dr, Dallas, TX, 75229

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,888 Sq Ft
price_per_sqft$212.95 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringCarpet, Ceramic Tile, Wood, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size14,612 sqft

Building Information

Year Built1967
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000588433000000
Lot Number3
SubdivisionChapel Downs 4th Sec
Land UseResidential
Legal DescriptionCHAPEL DOWNS 4TH SEC BLK D/6431 LT 3 INT202500127282 DD06172025 CO-DC 6431 00D 00300 1006431 00D
Census Tract009701
Assessed Land Value$237,500
Assessed Improvement Value$232,500
Assessment Year2025

About this property

*Multiple Offers Recevied* Tucked away on a quiet cul-de-sac in the sought after Chapel Downs neighborhood, 3121 Ponder Drive offers the perfect blend of modern updates, spacious living, and outdoor luxury. This single-story, 4-bedroom, 3.5-bath home spans nearly 2,900 square feet and sits on an expansive lot with direct access to the Northaven Trail, ideal for morning jogs, bike rides, or sunset strolls. Step inside to an open-concept layout bathed in natural light with sightlines that invite both comfort and connection. The chef’s kitchen impresses with sleek countertops, updated cabinetry, and seamless flow into generous living and dining areas. A flexible back room with a full bar makes hosting a breeze—whether it’s game day or cocktail hour. Outside, unwind in your private backyard oasis, complete with a sparkling pool, covered patio, and lush space perfect for entertaining all year long. Additional upgrades include: newer energy-efficient windows, a whole-home generator, and a storm shelter for peace of mind. The layout also offers a private bedroom suite ideal for guests or multi-gen living. Located in a desirable pocket with easy access to top private schools, Love Field, and dining hotspots, this one checks every box—and then some. OWNER FINANCING is available. **Virtual Tour and Floor Plan available**

Investor Tools

Property Icon
$629,000
Estimated Property Value
$610,018Estimated Mortgage Balance
$18,982Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,774 /month
Positive
Cash Flow Estimate:
$1,258 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$899/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,641
$470,000
2025
$237,500
$232,500
$470,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,641
$470,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Certified Funding Lp
Stand Alone Second / Subordinate Position
$95,325
No
First
Jun 17, 2025
Jun 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$610,018
$18,982
3%
97%
$3,690/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$3,690/mo
$-1,118/mo
4.9%

Learn About the Market: Opportunity in Dallas

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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 Ponder Dr | Property Details | No Agent List