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$425,000

NAL Estimated Property Value

3712 Millswood Dr, Irving, TX, 75062

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,218 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$174.48 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Disposal, Double Oven, Electric Oven, Gas Cooktop
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size7,200 sqft

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces2

Land Information

APN32318600010080000
Lot Number8
SubdivisionMillswood Square
Land UseResidential
Legal DescriptionMILLSWOOD SQUARE BLK 1 LOT 8 INT202500121104 DD05232025 CO-DC 3186000100800 2CI31860001
Census Tract014317
Assessed Land Value$80,000
Assessed Improvement Value$337,000
Assessment Year2025

About this property

Multiple offers received-Highest and Best Deadline Sunday 9-12 at 8 PM. Fantastic Las Colinas move-in ready opportunity in a quiet, private boutique neighborhood of only 40 homes. This mechanically solid villa features two masters, two master baths, and a 3rd bedroom or office space-study adjacent to a full bath. Fabulous French Delft style kitchen with gas cooktop, two sinks, and a built-in fridge. Super clean and move-in ready, cool flagstone backyard with 8 ft privacy fencing. Newly installed carpeting throughout, all of the minor details like fresh caulk have been taken care of so you can focus on the updates you want! Hardwood flooring in all of the social areas, kitchen, dining room, and west bath.

Investor Tools

Property Icon
$425,000
Estimated Property Value
$390,977Estimated Mortgage Balance
$34,023Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$908/month
$386/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,770
$417,000
2025
$80,000
$337,000
$417,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,770
$417,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Michael Christopher Lyons
Seller Carryback / Seller Financing / Seller Take-Back
$395,000
No
First
Oct 1, 2025
Oct 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$390,977
$34,023
8%
92%
$2,369/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,755/mo
$-783/mo
5.6%

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.

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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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3712 Millswood Dr | Property Details | No Agent List