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$392,000

NAL Estimated Property Value

3418 Cloverdale Ln, Farmers Branch, TX, 75234

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,975 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$202.53 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Cooktop, Gas Oven, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Private PoolPrivate Pool
Lot Size9,667 sqft

Building Information

Year Built1960
Stories1
Roof Type105
Garage Spaces1

Land Information

APN24169500030030000
Lot Number3
SubdivisionTown North
Land UseResidential
Legal DescriptionTOWN NORTH ESTATES BLK 3 LT 3 INT202400017725 DD01292024 CO-DC 1695000300300 2CF16950003
Census Tract013804
Assessed Land Value$100,000
Assessed Improvement Value$285,410
Assessment Year2025

About this property

This charming one story home is located in the highly desirable neighborhood of Farmers Branch , which provides easy access to major highways, shopping, restaurants and parks. The interior features an open floor plan with ample natural light flowing throughout the space. The property offers three bedrooms, each providing a peaceful retreat with generous closet space. Two bedrooms were converted into one large bedroom with an adjoining bathroom, creating a wonderful mother-in-law suite. The space can easily be divided, creating a 4 bedroom house. The primary bedroom features an ensuite bathroom, providing privacy and convenience. The spacious den makes and ideal spot for for relaxation and entertaining guests. This home was recently updated with beautiful hardwood floors, very large walk in showers and granite countertops in the kitchen and bathrooms. The backyard features a large covered patio, well manicured lawn and storage shed. Lots of parking space and two car carport.

Investor Tools

Property Icon
$392,000
Estimated Property Value
$350,311Estimated Mortgage Balance
$41,689Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$776/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,358
$385,410
2025
$100,000
$285,410
$385,410
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,358
$385,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Brighton Bank
Conventional
$365,750
No
First
Jan 29, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$350,311
$41,689
10%
89%
$2,193/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,600/mo
$2,193/mo
+$407/mo
8.0%

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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3418 Cloverdale Ln | Property Details | No Agent List