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$400,000

3221 Salinas Ct, Irving, TX, 75062

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,002 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.8 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size10,120 sqft

Building Information

Year Built1970
Stories1
Roof Type105
Garage Spaces2

Land Information

APN32553500050220000
Lot Number22
SubdivisionUniversity Hills
Land UseResidential
Legal DescriptionUNIVERSITY HILLS 2 BLK 5 LOT 22 VOL2002132/7420 DD06282002 CO-DC 5535000502200 13255350005
Census Tract014203
Assessed Land Value$200,000
Assessed Improvement Value$288,390
Assessment Year2025

About this property

Beautifully sited in the picturesque University Hills of Las Colinas, this enchanting 3-bedroom, 2.5-bathroom home at 3221 Salinas Court offers a perfect blend of natural beauty and city convenience. Perched high on an expansive 10,000+ square foot lot, this residence is enveloped by a canopy of majestic trees, creating a serene oasis amidst rolling hills, tranquil ponds, and scenic walking trails where ducks roam freely. Handpicked by Ben Carpenter as the first development in Las Colinas for its breathtaking topography, this neighborhood is a true gem. The formal living and dining room features soaring vaulted ceilings and windows that frame lovely views of the lush backyard. Just minutes from the vibrant Las Colinas Urban Center, Toyota Music Factory, DFW Airport, Love Field, and Downtown Dallas, this home combines suburban tranquility with urban amenities. Rosita Park, at the end of the street, offers a delightful space for leisurely strolls and community connection. This home is more than a residence—it’s an invitation to experience the charm and tranquility of University Hills living.

Investor Tools

Property Icon
$488,390
Estimated Property Value
$344,250Estimated Mortgage Balance
$0Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,930 /month
Positive
Cash Flow Estimate:
$977 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$603/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,797
$488,390
2025
$200,000
$288,390
$488,390
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,797
$488,390

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Unknown
$344,250
No
First
Aug 19, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$679,452
N/A
0%
139%
$4,128/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$4,628/mo
$-2,656/mo
4.8%

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.

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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: Irving

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3221 Salinas Ct | Property Details | No Agent List