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$562,570

NAL Estimated Property Value

3309 Citation Dr, Dallas, TX, 75229

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,418 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$231.6 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

BankruptcyPre-ForeclosureOff-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, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave
FlooringStone, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size10,000 sqft

Building Information

Year Built1962
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000588940000000
Lot Number15
SubdivisionChapel Downs 1st Sec
Land UseResidential
Legal DescriptionCHAPEL DOWNS 1ST SEC BLK K/6431 LT 15 INT201600099676 DD04122016 CO-DC 6431 00K 01500 1006431 00K
Census Tract009701
Assessed Land Value$250,000
Assessed Improvement Value$312,570
Assessment Year2025

About this property

Conveniently located near Love Field and a variety of retail options, this charming home offers both comfort and potential. Featuring expansive windows that flood the interior with natural light, it showcases elegant wood and stone flooring, with carpeting only in the bedrooms for added coziness. A dedicated study provides an ideal space for a home office, and the oversized laundry room—complete with a sink—adds everyday practicality. With just a few thoughtful updates, this property could easily embrace a mid-century modern aesthetic. The backyard is perfectly sized for entertaining guests or enjoying family cookouts. Don’t miss this opportunity to make it your own!

Investor Tools

Property Icon
$562,570
Estimated Property Value
$430,916Estimated Mortgage Balance
$131,654Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,375 /month
Positive
Cash Flow Estimate:
$1,125 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$919/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,219
$562,570
2025
$250,000
$312,570
$562,570
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,219
$562,570

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lower Llc
Conventional
$436,000
No
First
Sep 5, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$430,916
$131,654
23%
77%
$2,615/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,615/mo
$-643/mo
4.2%

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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3309 Citation Dr | Property Details | No Agent List