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$652,000

3412 Meridian Dr, Northlake, TX, 76226

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,343 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.35 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size11,343 sqft

Building Information

Year Built2018
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR657668
Lot Number33
SubdivisionCanyon Falls Village W7
Land UseResidential
Legal DescriptionCANYON FALLS VILLAGE W7 BLK H LOT 33
Census Tract020317
Assessed Land Value$104,546
Assessed Improvement Value$560,764
Assessment Year2025

About this property

Settle into your perfect home just in time for the new school year! Looking for the perfect rental in Canyon Falls? You’ve found it! Stunning Energy-Efficient Single-Story Home in Canyon Falls. This beautifully upgraded 4-bedroom, 3.5-bathroom single-story home is nestled in the sought-after Canyon Falls community in the Dallas-Fort Worth Metroplex. Offering the convenience of single-story living, this home features an open-concept design with soaring 20-foot ceilings in the kitchen and family room, creating a bright and airy atmosphere that is perfect for both everyday living and entertaining. Energy efficiency is a standout feature, with solar panels and foam insulation significantly reducing monthly utility costs. The gourmet kitchen features an expansive island that overlooks the dining and family areas, making it ideal for hosting. A dedicated media room offers the perfect setting for movie nights or game days, while the three-car garage provides ample space for vehicles and storage. Included amenities such as cable, high-speed internet, and front yard mowing add to the home’s convenience. Additionally, the house comes with a washer, dryer, refrigerator, and mounted TVs in the living room, primary bedroom, and guest room, with select furnishings available upon request. Residents of Canyon Falls enjoy access to over 300 acres of landscaped open space, a clubhouse with a pool, indoor and outdoor fitness centers, a dog park, playgrounds, and miles of hiking trails. Don’t miss this opportunity to lease a luxurious and efficient home in a truly extraordinary community. Schedule your showing today!

Investor Tools

Property Icon
$652,000
Estimated Property Value
$420,300Estimated Mortgage Balance
$273,330Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,912 /month
Positive
Cash Flow Estimate:
$1,304 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,275/month
$2,550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,036
$622,243
2025
$104,546
$560,764
$665,310
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,036
$622,243

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$420,300
No
First
Mar 5, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$378,670
$273,330
41%
58%
$2,520/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$5,070/mo
$-1,210/mo
7.1%

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: Northlake

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3412 Meridian Dr | Property Details | No Agent List