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Owner Contacts

$305,000

3505 Townsend Drive, Dallas, TX, 75229

Off Market

3 Beds

2 Bath

1,786 Sq Ft

Single Family Residence

$170.77 / sqft

Built in 1956

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesElectric Cooktop, Electric Oven

FlooringOther

Exterior

Private Pool

Exterior FeaturesRain Gutters

Lot Size13,099 sqft

Building Information

Year Built1956

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000592006000000

SubdivisionRoyal Hills 3rd Inst

Land UseResidential

Legal DescriptionROYAL HILLS 3RD INST BLK E/6436 LT 1 INT202000288683 DD10202020 CO-DC 6436 00E 00100 1006436 00E

Census Tract009607

Assessment Year2025

About this property

Fantastic opportunity to make this home your own dream. Lots of the major work has already been done, and just needs a new owner to add their own creative touches. VERY good bones, with updated electrical wiring, duct work, insulation, updated pool pump, windows, newer roof and water heater. This home has so much potential and is in an established neighborhood on a large lot; walking distance from Northaven Trail and local parks.

Investor Tools

$450,000

Estimated Property Value

$0Estimated Mortgage Balance

$206,538Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,700 /month

Positive

Cash Flow Estimate:

$900 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$887/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,400

$439,770

2025

N/A

$439,770

Tax History

Year

Tax Paid

Assessed Value

2024

$8,400

$439,770

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Town Square Mortgage & Investments Inc

Conventional

$272,928

First

Oct 20, 2020

Nov 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$243,462

$206,538

45%

54%

$1,637/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,637/mo

+$335/mo

5.3%

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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