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Owner Contacts

$626,000

NAL Estimated Property Value

3157 Chapel Downs Dr, Dallas, TX, 75229

Off Market

4 Beds

4 Bath

2,093 Sq Ft

$215 / sqft

Built in 1962

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Range, Microwave, Refrigerator, Vented Exhaust Fan, Washer

FlooringCarpet, Ceramic Tile, Granite, Laminate

Exterior

Lot Size10,000 sqft

Building Information

Year Built1962

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000588496000000

Lot Number9

SubdivisionChapel Downs 2nd Sec

Land UseResidential

Legal DescriptionCHAPEL DOWNS 2ND SEC BLK E/6431 LOT 9 INT202400041331 DD02292024 CO-DC 6431 00E 00900 1006431 00E

Census Tract009701

Assessed Land Value$237,500

Assessed Improvement Value$369,980

Assessment Year2025

About this property

Welcome to this charming mid-century modern home in the sought-after Chapel Downs neighborhood of Dallas. The mid-century style gives the home a distinctive character that stands out from other homes in the area, and the backyard is spacious and perfect for outdoor activities. Enjoy direct access to the Northaven Trail from this home and enjoy all the exercise and entertainment the trail has to offer. This property is perfect for those seeking a home that offers both style and potential. Come see it for yourself today!

Investor Tools

$626,000

Estimated Property Value

$492,745Estimated Mortgage Balance

$133,255Estimated Equity

21% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,756 /month

Positive

Cash Flow Estimate:

$1,252 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,175/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$10,973

$607,480

2025

$237,500

$369,980

$607,480

Tax History

Year

Tax Paid

Assessed Value

2024

$10,973

$607,480

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Crosscountry Mortgage Llc

Conventional

$493,855

First

Mar 26, 2026

Apr 2056

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$492,745

$133,255

21%

79%

$2,764/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,572/mo

$2,764/mo

$-192/mo

4.9%

Learn About the Market: Opportunity in Dallas

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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.

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