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Owner Contacts

$407,550

NAL Estimated Property Value

3708 Millswood Dr, Irving, TX, 75062

Off Market

3 Beds

3 Bath

2,526 Sq Ft

Single Family Residence

$162.31 / sqft

Built in 1977

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Double Oven

FlooringCarpet, Ceramic Tile, Stone, Wood

Exterior

Private Pool

Exterior FeaturesRain Gutters, Storage

Lot Size7,200 sqft

Building Information

Year Built1977

Stories1

Roof Type105

Garage Spaces2

Land Information

APN32318600010090000

Lot Number9

SubdivisionMillswood Square

Land UseResidential

Legal DescriptionMILLSWOOD SQUARE BLK 1 LOT 9 MILLSWOOD DR INT202400148564 DD07152024 CO-DC 3186000100900 2CI31860001

Census Tract014317

Assessed Land Value$80,000

Assessed Improvement Value$327,550

Assessment Year2025

About this property

New roof May 2024. Great potential, priced ready for your creative ideas and plans in a desirable Las Colinas neighborhood. Double master bedroom plan with a 3rd bedroom and 3rd full bath on the first floor, it also has a rare living area-loft adjacent to two storage areas on the top floor. Third bedroom closet was opened to entry hall-easily switched back. 3rd bedroom or loft would be great work from home spaces or add'tl living spaces. Downstairs living space open to the vaulted ceiling dining room just off the granite kitchen. Both master baths feature separate tub-shower arrangements and skylights. Energy efficiency upgrades include a Carrier Infinity 5 ton-19 SEER HVAC w-Reme Halo UV purification 2018, most windows replaced 2017. Pella sliding glass door w-integrated blinds in the kitchen in 2017. Entry door replaced 2019, water heater 2019, both decks 2022. Termite system installed 2023. New sump pump May 2024. DE pool filter ribs just replaced.

Investor Tools

$407,550

Estimated Property Value

$301,757Estimated Mortgage Balance

$105,793Estimated Equity

25% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

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Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,460 /month

Positive

Cash Flow Estimate:

$820 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$650/month

$438/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,758

$407,550

2025

$80,000

$327,550

$407,550

Tax History

Year

Tax Paid

Assessed Value

2024

$5,758

$407,550

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Ocmbc Inc

Conventional

$312,000

First

Jul 15, 2024

Oct 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$301,757

$105,793

25%

74%

$1,871/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$2,309/mo

$-337/mo

5.8%

Learn About the Market: Opportunity in Texas

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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.

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