42Days on Market

4view

$369,999

$399,000

3311 Forest Ln, Dallas, TX, 75234

On Market

Price Drop

3 Beds

2 Bath

1,980 Sq Ft

Single Family Residence

$186.87 / sqft

Built in 1960

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesElectric Cooktop, Microwave

FlooringCarpet, Ceramic Tile, Linoleum

Exterior

Lot Size10,235 sqft

Building Information

Year Built1960

Stories1

Roof Type105

Garage Spaces3

Land Information

APN00000609451000000

Lot Number25

SubdivisionHighland Meadows Inst 1

Land UseResidential

Legal DescriptionHIGHLAND MEADOWS INST 1 BLK 2/6615 LT 25 6615 002 02500 1006615 002

Census Tract009605

Assessed Land Value$103,500

Assessed Improvement Value$217,330

Assessment Year2025

About this property

LOCATION! LOCATION! LOCATION! This property is situated in a very strategic, sought after location in Dallas, very close to businesses, restaurants, shopping places and grocery stores. This home offers 3-bedroom, 2 full bathroom, a good size family room, functional kitchen and a dining area. Investors, first time home buyers and family who wants to downsize can appreciate this home's potential. It has room for your own upgrades and customization. The expansive backyard offers room for outdoor activities such as gardening, a place to unwind or to just admire the outdoors. Come tour this diamond in the rough.

Investor Tools

$0Estimated Mortgage Balance

$395,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,370 /month

Positive

Cash Flow Estimate:

$790 /month

Interested in this property?

Hermel Videna

Herald Realty, LLC

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$236/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$861

$320,830

2025

$103,500

$217,330

$320,830

Tax History

Year

Tax Paid

Assessed Value

2025

$861

$320,830

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$395,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,580/mo

N/A

+$1,580/mo

4.8%

Learn About the Market: Opportunity in Dallas

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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.

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