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B+
NoAgentList RatingHow are grades calculated? Info

$269,000

3130 Colchester Drive, Farmers Branch, TX, 75234

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,187 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$226.62 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Range, Microwave, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Wood

Exterior

Exterior FeaturesStorage
Lot Size7,801 sqft

Building Information

Year Built1956
Stories1
Roof Type105
Garage Spaces1

Land Information

APN24097500010060000
Lot Number6
SubdivisionJohnston Park
Land UseResidential
Legal DescriptionJOHNSTON PARK 1 LT 0006 INT202000271032 DD09302020 CO-DC 0975000100600 2CF09750001
Census Tract013807
Assessed Land Value$150,000
Assessed Improvement Value$189,590
Assessment Year2025

About this property

This incredibly charming one story turnkey is a true show stopper! Exceptionally updated in 2016 and comes fully loaded! Kitchen features include recessed lighting, subway tile back splash, gas burner stove, SS appliances, plus plenty of cabinet and granite counter space perfect for hosting and grand scale cooking. Highlights include wood floors though the main areas, new roof & new front-back patio area in June 2020, new garage door 2019, and fully remodeled baths. Golf enthusiasts will love being a stone's throw away from Brookhaven Country Club! Not to mention walking distance to the park and library! Easy access to major highways, Dallas Love Field, and a treasure trove of amenities and conveniences nearby!

Investor Tools

Property Icon
$354,000
Estimated Property Value
$0Estimated Mortgage Balance
$118,864Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,124 /month
Positive
Cash Flow Estimate:
$708 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$555/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,887
$339,590
2025
$150,000
$189,590
$339,590
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,887
$339,590

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Fha
$264,127
Yes
First
Sep 30, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$235,136
$118,864
33%
66%
$1,584/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,990/mo
$1,584/mo
+$406/mo
6.7%

Learn About the Market: Opportunity in Texas

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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: Farmers Branch

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3130 Colchester Drive | Property Details | No Agent List