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$369,999

3311 Forest Ln, Dallas, TX, 75234

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,980 Sq Ft
price_per_sqft$186.87 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
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

ContactContact

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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
No

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%
$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%

City: Dallas