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$602,000

NAL Estimated Property Value

3616 Lynchburg Dr, Corinth, TX, 76208

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,392 Sq Ft
price_per_sqft$261.29 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesTrash Compactor, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Convection Oven, Vented Exhaust Fan
FlooringCeramic Tile, Hardwood, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Fire Pit, Rain Gutters, Storage
Lot Size34,996 sqft

Building Information

Year Built1980
Stories2
Roof Type127
Garage Spaces2

Land Information

APNR65899
Lot Number7
SubdivisionCorinth Farms 2
Land UseResidential
Legal DescriptionCORINTH FARMS 2 BLK 3 LOT 7
Census Tract021412
Assessed Land Value$160,800
Assessed Improvement Value$240,794
Assessment Year2025

About this property

Hard to find custom home on large lot with no HOA. There really is something for everyone here. 36 X 40 Detached brick garage-shop = 1440 sq.ft! 2 double garage doors(1 with opener) 1 single garage door + 1 walk-thru. 9ft ceilings, 2X6 walls, electric service. 10x36 porch with 3 Ceiling fans! The home has tons of updates throughout. Real woodburning masonry fireplace in family room with gas starter. Pet friendly tile floors downstairs. Wood,tile and laminate upstairs. All windows and the 2 patio doors were replaced & insulation added to attic. Granite in kitchen, nook, baths downstairs. Kitchen appliances are up-to-date! Relax on your 15X6 screened balcony upstairs with 2 ceiling fans just off the large game room with wetbar. One split bedroom and bath also upstairs + enormous walk in closet in gameroom.Room to office, entertain, work on hobbies. Ample storage inside the house with so many closets and under the stairs access from the attached garage.Play, entertain & relax in the huge yard with diving pool, spa, fire pit, covered patios, horseshoe pits, gas hookup for a grill. Towering native oak trees abound all around! Convenient access to the Katy trail makes Agora park, Corinth Community park, soccer & baseball & softball fields all just a short walk or bike away!EZ commute and lots of shopping within minutes. The neighborhood is basically a loop so no through traffic! Are you ready to make this your new home?

Investor Tools

Property Icon
$602,000
Estimated Property Value
$492,687Estimated Mortgage Balance
$109,313Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,750 /month
Positive
Cash Flow Estimate:
$1,250 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$840/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,071
$401,594
2025
$160,800
$240,794
$401,594
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,071
$401,594

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$500,000
No
First
Jul 31, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$492,687
$109,313
18%
82%
$2,998/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
$2,998/mo
$-908/mo
4.2%

City: Corinth

3616 Lynchburg Dr | Property Details | No Agent List