Street View

B+

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1view

$498,000

3225 Chapel Downs Drive, Dallas, TX, 75229

Off Market

3 Beds

3 Bath

2,245 Sq Ft

Single Family Residence

$221.83 / sqft

Built in 1962

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesBuilt-In Gas Range, Convection Oven, Dishwasher, Disposal, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater

FlooringLaminate

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard

Lot Size10,000 sqft

Building Information

Year Built1962

Stories1

Roof Type105

Garage Spaces4

Land Information

APN00000588514000000

Lot Number15

SubdivisionChapel Downs 2nd Sec

Land UseResidential

Legal DescriptionCHAPEL DOWNS 2ND SEC BLK E/6431 LT 15 INT202100090886 DD03262021 CO-DC 6431 00E 01500 1006431 00E

Census Tract009701

Assessed Land Value$237,500

Assessed Improvement Value$391,120

Assessment Year2025

Investor Tools

$628,620

Estimated Property Value

$0Estimated Mortgage Balance

$360,136Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,772 /month

Positive

Cash Flow Estimate:

$1,257 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$843/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,970

$628,620

2025

$237,500

$391,120

$628,620

Tax History

Year

Tax Paid

Assessed Value

2024

$6,970

$628,620

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cornerstone Home Lending Inc

Conventional

$298,000

First

Mar 26, 2021

Apr 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$268,484

$360,136

57%

43%

$1,787/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,787/mo

+$185/mo

3.8%

Learn About the Market: Opportunity in Dallas

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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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