Street View

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NoAgentList RatingHow are grades calculated?

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Owner Contacts

$305,410

NAL Estimated Property Value

3346 Falls Dr, Dallas, TX, 75211

Off Market

3 Beds

2 Bath

912 Sq Ft

Single Family Residence

$175.44 / sqft

Built in 1947

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesElectric Cooktop

Exterior

Lot Size7,213 sqft

Building Information

Year Built1947

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000462580000000

Lot Number16

SubdivisionBluebonnet Heights

Land UseResidential

Legal DescriptionBLUEBONNET HEIGHTS BLK 4/5960 LT 16 INT202400041509 DD02272024 CO-DC 5960 004 01600 2005960 004

Census Tract006402

Assessed Land Value$65,000

Assessed Improvement Value$240,410

Assessment Year2025

About this property

Multiple offers situation DEADLINE by 12:00pm today 08-09-2023, please send high and best.INVESTOR SPECIAL! Are you a savvy investor with a knack for renovations? Look no further, because we have the perfect project for you! This 2 bedroom, 1 bath home is a true diamond in the rough, just waiting to be transformed into something spectacular. Located in a desirable neighborhood, this property offers incredible potential for the handyman or DIY enthusiast. Every corner of this house is a clean slate, ready for your personal touch. CASH ONLY!

Investor Tools

$305,410

Estimated Property Value

$282,597Estimated Mortgage Balance

$22,813Estimated Equity

7% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,832 /month

Positive

Cash Flow Estimate:

$611 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$696/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,826

$305,410

2025

$65,000

$240,410

$305,410

Tax History

Year

Tax Paid

Assessed Value

2024

$6,826

$305,410

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Land-Home Financial Services

Fha

$294,566

Yes

First

Feb 27, 2024

Mar 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$282,597

$22,813

93%

$1,767/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$1,767/mo

$-202/mo

6.1%

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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