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$1,831,000

NAL Estimated Property Value

3207 Latham Drive, Dallas, TX, 75229

Off MarketInfo
Beds5 Beds
Baths6 Bath
Baths4,876 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$379.39 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Gas Cooktop

Exterior

Lot Size17,991 sqft

Building Information

Year Built1960
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000591067000000
Lot Number23
SubdivisionWebster Grove
Land UseResidential
Legal DescriptionWEBSTER GROVE BLK D/6434 LOT 23 LATHAM DR AND DAMON LA INT202400244129 DD12022024 CO-DC 6434 00D 02300 1006434 00D
Census Tract009607
Assessed Land Value$500,000
Assessed Improvement Value$1,000
Assessment Year2025

About this property

Incredible, new construction by Olerio Homes in Northwest Dallas! Situated on a spacious 120’x130’ sized lot and adjacent to to the Royal Park Greenbelt. This two story transitional modern home features 4,876sf with five bedrooms - primary and guest down, five full and one half bath, a large game room, and covered outdoor patio. Filled with high end finishes including Visual Comfort lighting, Emtek hardware, clad windows, foam insulation, level 4 smooth finish walls, soft close cabinetry, white oak hardwood floors, interior and exterior fireplace with cast stone surround, to name a few. Prime location: easy access to Dallas’s coveted private school corridor and major thoroughfares, amenities & green spaces. Outside, the expansive lot offers a blank canvas for pool, outdoor kitchen, covered patio or garden — perfect for Dallas living all year round.

Investor Tools

Property Icon
$1,831,000
Estimated Property Value
$805,545Estimated Mortgage Balance
$1,025,455Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,099 /month
Positive
Cash Flow Estimate:
$3,700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,693/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,156
$501,000
2025
$500,000
$1,000
$501,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$11,156
$501,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Commercial
$822,500
No
First
Apr 25, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$805,545
$1,025,455
56%
44%
$4,932/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$4,932/mo
$-2,960/mo
1.3%

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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3207 Latham Drive | Property Details | No Agent List