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$725,000

NAL Estimated Property Value

3216 Catamore Ln, Dallas, TX, 75229

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,887 Sq Ft
price_per_sqft$285.73 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesSome Gas Appliances, Built In Refrigerator, Convection Oven, Double Oven, Dryer, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Gas Water Heater, Ice Maker, Microwave, Plumbed For Gas, Refrigerator, Washer
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Lot Size10,381 sqft

Building Information

Year Built1967
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000589201000000
Lot Number3
SubdivisionRoyal Chapel
Land UseResidential
Legal DescriptionROYAL CHAPEL ESTATES 3RD INST BLK 3/6432 LOT 3 INT202300234984 DD11172023 CO-DC 6432 003 00300 1006432 003
Census Tract009701
Assessed Land Value$250,000
Assessed Improvement Value$475,000
Assessment Year2025

About this property

Welcome to Palm Springs paradise in Northwest Dallas. Modern design and quality welcome you as you drive up to this home and continue throughout. Once inside, you are greeted by an open floor plan that still offers defined spaces. From the feature wall in the dining room to sweeping views of the backyard oasis, you know this home has much to offer. Vaulted ceilings in the living room welcome you into the heart of the home and lead you into the massive kitchen with plentiful cabinetry, counter space, and a feature tile wall. An open office leads you to the second living area with a wall of windows overlooking the pool. Generously sized bedrooms are located on the other side of the home, and the primary bath features a separate soaking tub and shower. Entertain all your friends in the resort-style pool with immaculate landscaping. This one-of-a-kind home is a must-see so schedule your showing today!

Investor Tools

Property Icon
$725,000
Estimated Property Value
$473,296Estimated Mortgage Balance
$251,704Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,949 /month
Positive
Cash Flow Estimate:
$1,650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,682/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,555
$725,000
2025
$250,000
$475,000
$725,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,555
$725,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Mortgage Associates Inc
Conventional
$487,036
No
First
Oct 16, 2024
Nov 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$473,296
$251,704
34%
65%
$2,921/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,921/mo
$-949/mo
3.3%

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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3216 Catamore Ln | Property Details | No Agent List