NoAgentList RatingHow are grades calculated?

1view

$389,900

3560 Townsend Drive, Dallas, TX, 75229

Off Market

3 Beds

2 Bath

1,690 Sq Ft

Single Family Residence

$230.71 / sqft

Built in 1958

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Cooktop, Plumbed For Ice Maker, Vented Exhaust Fan

FlooringCeramic Tile, Wood

Exterior

Lot Size10,456 sqft

Building Information

Year Built1958

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000591946000000

Lot Number3

SubdivisionRoyal Hills 3rd Inst

Land UseResidential

Legal DescriptionROYAL HILLS 3RD INST BLK D/6436 LOT 3 INT201900125415 DD05142019 CO-DC 6436 00D 003 1006436 00D

Census Tract009607

Assessed Land Value$300,000

Assessed Improvement Value$249,420

Assessment Year2025

About this property

As you enter this beautifully updated home you'll notice lots of windows and natural light. The 3 bedroom, 2 bath home has 2 large living areas, both bathrooms remodeled, granite countertops in the kitchen and refinished handscraped wood floors throughout. The breakfast area is surrounded by large windows with views of the large backyard and outdoor sitting area. Other updates include replaced HVAC, replaced water heater, Nest protect smoke and CO2 detectors and 8 ft board on board fence. Walking distance to Royal Park and just minutes for Sparkman Club. Interior lot on a great tree lined street.

Investor Tools

$549,420

Estimated Property Value

$0Estimated Mortgage Balance

$263,968Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,297 /month

Positive

Cash Flow Estimate:

$1,099 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$901/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,062

$549,420

2025

$300,000

$249,420

$549,420

Tax History

Year

Tax Paid

Assessed Value

2024

$8,062

$549,420

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Simmons Bank

Conventional

$320,000

First

Oct 28, 2020

Nov 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$285,452

$263,968

48%

52%

$1,919/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,919/mo

+$53/mo

4.3%

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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