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Days313Days on Market
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$365,000

$4,950

3245 Myra Ln, Farmers Branch, TX, 75234

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,298 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$281.2 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Absentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Microwave, Vented Exhaust Fan
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size9,685 sqft

Building Information

Year Built1958
Stories1
Roof Type105
Garage Spaces2

Land Information

APN24044500020220000
Lot Number22
SubdivisionChapel Hill
Land UseResidential
Legal DescriptionCHAPEL HILL 2 BLK B LT 22 INT202200026373 DD01252022 CO-DC 0445000202200 2CF04450002
Census Tract013804
Assessed Land Value$100,000
Assessed Improvement Value$323,410
Assessment Year2025

About this property

This charming home is situated in the heart of DFW on a large lot shaded by mature trees that create a peaceful and inviting setting. Thoughtfully maintained and completely renovated, the home features fresh paint throughout, new flooring, new kitchen cabinetry, granite countertops, and beautifully remodeled bathrooms, giving it a clean, modern feel while preserving its welcoming charm. The kitchen also includes a spacious pantry, providing plenty of storage for everyday essentials and meal preparation, while the relatively new water heater adds extra peace of mind. Recent improvements also include completed foundation work with a transferable lifetime warranty. Step outside to enjoy a spacious backyard surrounded by beautiful live oak trees, offering the perfect space for outdoor dining, entertaining, gardening, or spending time with family and pets. A brand-new fence enhances both privacy and security, creating an enjoyable outdoor retreat. Conveniently located in an established residential neighborhood with easy access to shopping, dining, parks, schools, and major highways, this home offers a wonderful combination of comfort, thoughtful updates, and everyday convenience, making it ready for its next owner to move in and enjoy.

Investor Tools

$249,789Estimated Mortgage Balance
$175,023Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,540 /month
Positive
Cash Flow Estimate:
$847 /month

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Ofir Bugana

RE/MAX Dallas Suburbs

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$797/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,442
$423,410
2025
$100,000
$323,410
$423,410
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,442
$423,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Family First Funding Llc
Conventional
$272,000
No
First
Jan 25, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$249,789
$173,621
41%
59%
$1,631/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,990/mo
$1,631/mo
+$359/mo
5.6%

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.

Explore Texas Explore This Area
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: Farmers Branch

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3245 Myra Ln | Property Details | No Agent List