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$243,000

NAL Estimated Property Value

3308 Heather Lane, Denton, TX, 76209

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,003 Sq Ft
price_per_sqft$159.52 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Gas Range
FlooringLaminate

Exterior

Lot Size11,918 sqft

Building Information

Year Built1970
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR28961
Lot Number3
SubdivisionNorchester Subd
Land UseResidential
Legal DescriptionNORCHESTER SUBD BLK 5 LOT 3
Census Tract020505
Assessed Land Value$67,165
Assessed Improvement Value$148,773
Assessment Year2025

About this property

Recently remodeled and updated 3 bed 1 bath house on large lot in the Wilson Elementary school attendance zone. Located just north of TWU, near shopping, parks, bike trails. Fiber Optic-High Speed Internet up to 1 GB available at this address. listing information should be verified by buyer.

Investor Tools

Property Icon
$243,000
Estimated Property Value
$130,201Estimated Mortgage Balance
$112,799Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,458 /month
Positive
Cash Flow Estimate:
$486 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$360/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,101
$215,938
2025
$67,165
$148,773
$215,938
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,101
$215,938

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Das Acquisition
Conventional
$150,300
No
First
Aug 21, 2019
Sep 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$130,201
$112,799
46%
54%
$902/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$902/mo
+$1,070/mo
9.7%

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: Denton

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3308 Heather Lane | Property Details | No Agent List