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$632,000

NAL Estimated Property Value

3406 Highland Meadow Drive, Farmers Branch, TX, 75234

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,444 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$171.64 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDouble Oven, Gas Cooktop, Microwave, Gas Water Heater
FlooringCeramic Tile, Laminate

Building Information

Year Built1981
Stories1
Roof Type105
Garage Spaces2

Land Information

APN24137600160130000
SubdivisionOakbrook Estates Rep
Land UseResidential
Legal DescriptionOAKBROOK ESTATES REP BLK P LOT 13 INT202000283086 DD10132020 CO-DC 1376001601300 2CF13760016
Census Tract013808
Assessment Year2025

About this property

Home has become something more important than ever before. 3406 Highland Meadow gives its owner the perfect design for flexible use. An ideal home for all types of lifestyles with flowing floor plan, high ceilings, multiple living areas, spacious kitchen with double ovens and private back yard. Centrally located, only 5 minutes from 4 major highways and under 20 minutes to 2 major airports.Located in the Brookhaven Country Club area, private carts allowing you to take full advantage of the club, membership is required but reasonable with multiple levels. Great opportunity to be that much further ahead.

Investor Tools

Property Icon
$632,000
Estimated Property Value
$344,906Estimated Mortgage Balance
$287,094Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,792 /month
Positive
Cash Flow Estimate:
$1,264 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$951/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,250
$565,270
2025
N/A
N/A
$565,270
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,250
$565,270

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Home Mortgage Llc
Conventional
$386,650
No
First
Oct 13, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$344,906
$287,094
45%
55%
$2,319/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,990/mo
$2,319/mo
$-329/mo
3.8%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Farmers Branch

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3406 Highland Meadow Drive | Property Details | No Agent List