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Owner Contacts

$278,000

NAL Estimated Property Value

3508 Mayhew Dr, Dallas, TX, 75228

Off Market

3 Beds

2 Bath

1,205 Sq Ft

Single Family Residence

$239.83 / sqft

Built in 1955

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Gas Range, Microwave

FlooringHardwood, Laminate

Exterior

Lot Size8,526 sqft

Building Information

Year Built1955

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000735193000000

Lot Number10

SubdivisionCountry Club Park No 3 Revised

Land UseResidential

Legal DescriptionCOUNTRY CLUB PARK NO 3 REVISED BLK 9/7469 LT 10 INT202400110280 DD05312024 CO-DC 7469 009 01000 3007469 009

Census Tract012603

Assessed Land Value$65,000

Assessed Improvement Value$195,040

Assessment Year2025

About this property

Location Location Location. Easy access to LBJ. I30 ,Close to all types of shopping Close to Dallas Athletic Club . MANY UPDATES . SELLER HAS LIVED IN HOME 38 YRS.NEW ROOF Bathrooms. Gourmet Kitchen is a chefs delight with new gas range microwave quartz countertops. Originals hardwood flooring POLISHED along with new luxury vinyl plank flooring. All new ceiling fans. New closet doors .Converted garage makes a great media room or game room or maybe even an office. HVAC serviced. Exterior Paint - All. Interior Paint. Large backyard with a portion fenced off for our pets. Mature trees with 2 pecan trees New driveway. Structural engineer report along with foundation work done on pier and beam foundation with WARRENTY. Newer elementary school. Close to community park with playground an picnic area. Tennis courts and basketball court. Historic Casa View Shopping Center and much more. Seller will consider all reasonable offers. BUYER PLEASE CONFIRM ALL INFO ON MLS BEFORE MAKING AN OFFER.

Investor Tools

$278,000

Estimated Property Value

$278,392Estimated Mortgage Balance

$0Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,734 /month

Positive

Cash Flow Estimate:

$578 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$570/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,449

$260,040

2025

$65,000

$195,040

$260,040

Tax History

Year

Tax Paid

Assessed Value

2024

$5,449

$260,040

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Prosperity Home Mortgage Llc

Conventional

$288,769

First

May 31, 2024

Jun 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$278,392

N/A

100%

$1,732/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,732/mo

+$240/mo

8.5%

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