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$373,350

3423 Falls Drive, Dallas, TX, 75211

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,318 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$185.89 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Vented Exhaust Fan, Tankless Water Heater, Gas Water Heater
FlooringCeramic Tile, Wood

Exterior

Lot Size7,327 sqft

Building Information

Year Built1948
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000462637000000
Lot Number6
SubdivisionBluebonnet Heights
Land UseResidential
Legal DescriptionBLUEBONNET HEIGHTS BLK 6/5960 LT 6 INT202100274064 DD09092021 CO-DC 5960 006 00600 2005960 006
Census Tract006502
Assessed Land Value$80,000
Assessed Improvement Value$293,350
Assessment Year2025

About this property

A BRAND NEW SMILE Nicely-remodeled 3 bdrm, 2 full bath home. Great floor plan, with 2 living areas. Fits today's lifestyle! Interior walls re-textured. Fresh paint, in & out. Refinished wood floors all across the house. New light fixtures installed. Trendy 2 inch blinds. Central heat & air. Tankless water heater. Nice corner lot with a big back yard and trees. Wood fencing. Two covered porches. Kids can walk to Donald Elementary. Blocks from Weiss Park. Near bus line. Minutes to downtown Dallas & Bishop Arts. Listing Agent Related to Seller

Investor Tools

Property Icon
$373,350
Estimated Property Value
$0Estimated Mortgage Balance
$154,088Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,240 /month
Positive
Cash Flow Estimate:
$747 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$725/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,837
$373,350
2025
$80,000
$293,350
$373,350
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,837
$373,350

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Fha
$240,562
Yes
First
Sep 9, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,262
$154,088
41%
59%
$1,443/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,443/mo
+$529/mo
6.3%

Learn About the Market: Opportunity in Dallas

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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3423 Falls Drive | Property Details | No Agent List