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$89,000

3629 W Northgate Drive 137, Irving, TX, 75062

On MarketInfo
Just AddedInfo
Beds1 Beds
Baths1 Bath
Baths668 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$133.23 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Washer

Exterior

Private PoolPrivate Pool
Lot Size6.22 acres

Building Information

Year Built1982
Stories1
Roof Type105

Land Information

APN32310650000H00137
Lot Number1
SubdivisionThe Meadows Condominiums
Land UseResidential
Legal DescriptionTHE MEADOWS CONDOMINIUMS BLK B PT LOT 1 ACS 6.22 BLDG H UNIT 137 CE 0.71% VOL2003001/17524 DD12232002 CO-DA 8218 540 B00100
Census Tract014139
Assessed Land Value$23,080
Assessed Improvement Value$107,180
Assessment Year2025

About this property

** INVESTOR ALERT — Value-Add Opportunity ** Cash buyers & hard-money investors, this is the kind of opportunity that deserves a 2nd look. This condo is priced to move & offers multiple ways to create value through a targeted remodel. With an estimated ARV of approximately $125k; a remodel quote of only $15–$17k, the upside is compelling! Offered at more than $50,000 below appraised value, now you can create attractive opportunity to renovate, reposition, & build equity. Investor exit strategies may include a resale, traditional lease, furnished monthly rental, or—subject to HOA rules, city regulations, and applicable platform requirements—a short-term or extended-stay rental strategy. Nearby 1-bedroom, 1-bath condos in the same neighborhood have reportedly performed at more than $104 per night on a consistent basis, providing a benchmark worth analyzing for investors considering furnished or hospitality-style use. A monthly furnished model may also appeal to traveling professionals, corporate tenants, relocating residents, & others seeking flexible housing without a traditional year-long lease. The value-add possibilities are wide open: update the interior, improve functionality and presentation, and choose the exit strategy that best fits your investment plan. Once renovated—and potentially as interest rates decline—this condo could be positioned for stronger resale demand & future appreciation. The HOA budget is minimal and includes water, sewer, trash, common-area maintenance, and access to a gorgeous private community pool—a valuable amenity for residents & a strong feature for rental marketing. This is not a turnkey retail purchase; it's an opportunity for an investor who recognizes below-market value & knows how to unlock it. Bring your contractor, verify the numbers, & move decisively. Priced to sell fast. Cash or hard-money buyers preferred. Schedule your showing & evaluate this flexible value-add opportunity before it is gone!

Investor Tools

$0Estimated Mortgage Balance
$130,260Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$782 /month
Positive
Cash Flow Estimate:
$261 /month

Interested in this property?

Ashley Smith

District Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$61/month
$314/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$77
$130,260
2025
$23,080
$107,180
$130,260
No

Tax History

Year
Tax Paid
Assessed Value
2025
$77
$130,260

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$130,260
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,326/mo
$314/mo
+$1,012/mo
12.2%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Irving

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3629 W Northgate Drive 137 | Property Details | No Agent List