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$430,000

3808 Driftwood Lane, Northlake, TX, 76226

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,665 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$258.26 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Lot Size6,482 sqft

Building Information

Year Built2018
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR705886
Lot Number11
SubdivisionCanyon Falls Village W2 Phase 2
Land UseResidential
Legal DescriptionCANYON FALLS VILLAGE W2 PHASE 2 BLK K LOT 11
Census Tract020317
Assessed Land Value$96,768
Assessed Improvement Value$306,232
Assessment Year2025

About this property

The perfect home in the perfect neighborhood! Nestled in the master planned community of Canyon Falls, this home features 3 bedrooms, 2 bathrooms, and its almost brand new! Owners take pride on homeownership, and it shows!!! This beautiful home has the perfect split layout, ample family room space and a generous backyard with the most gorgeous sunsets! Elegant plantation shutters in entry way, front room and master retreat. Canyon Falls offers plenty of amenities, such as clubhouse, fitness center, community pool, splash pad, playground, dog park, walking trails and social events! Area is very accesible to I-35 and sustained growth of the surrounding areas makes this a fantastic opportunity for homeownership or investment. Great school district Northwest ISD. All information provided is deemed reliable, but is not guaranteed and should be independently verified.

Investor Tools

Property Icon
$403,000
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,580 /month
Positive
Cash Flow Estimate:
$860 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$897/month
$622/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,749
$403,000
2025
$96,768
$306,232
$403,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,749
$403,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Stand Alone First / Home Equity First Lien
$484,500
No
First
May 19, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$457,847
N/A
0%
114%
$2,905/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$3,527/mo
$-567/mo
8.8%

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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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: Northlake

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3808 Driftwood Lane | Property Details | No Agent List