$280,000
3324 Poplar Springs Ln, Dallas, TX, 75227
On Market
Property Lead Type:
BankruptcyAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesOther
Exterior
Lot Size3,672 sqft
Building Information
Year Built1995
Stories1
Roof Type105
Garage Spaces2
Land Information
APN0067950A000380000
Lot Number38
SubdivisionIndependence Park # 3
Land UseResidential
Legal DescriptionINDEPENDENCE PARK # 3 BLK A/6795 LOT 38 INT20070030802 DD12282006 CO-DC 6795 A00 03800 4DA6795 A00
Census Tract012101
Assessed Land Value$50,000
Assessed Improvement Value$197,690
Assessment Year2025
About this property
Welcome to this 4-bedroom, 2-bathroom home located in the desirable Independence Park subdivision of Dallas! Built in 1995, this spacious floorplan offers over 1,500 square feet of comfortable living space, perfect for modern living. Less than 30-minute commute to Downtown Dallas! Home has solar panels installed will be paid off at closing for new owner.
Investor Tools
$118,348Estimated Mortgage Balance
$142,652Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$114/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$68
$247,690
2025
$50,000
$197,690
$247,690
No
Tax History
Year
Tax Paid
Assessed Value
2024
$68
$247,690
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Fha
$76,302
Yes
First
Jan 18, 2007
Feb 2037
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$118,348
$142,652
54%
45%
$959/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$959/mo
+$1,613/mo
11.8%
