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$627,700

NAL Estimated Property Value

3850 Canot Lane, Addison, TX, 75001

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,580 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$189.88 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Dishwasher, Disposal, Electric Cooktop, Microwave, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Lot Size6,172 sqft

Building Information

Year Built1992
Stories2
Roof Type105
Garage Spaces1

Land Information

APN100059500B0560000
Lot Number56
SubdivisionWaterford
Land UseResidential
Legal DescriptionWATERFORD BLK B LOT 56 INT202000367726 DD12302020 CO-DC 0059500B05600 3100059500B
Census Tract013727
Assessed Land Value$100,000
Assessed Improvement Value$527,700
Assessment Year2025

About this property

Featuring hardwoods throughout the entire home, including all bedrooms and living areas, you will love the seamless flow room-to-room and wooden shutters framing each window. Downstairs you will find the master suite and a study that could double as a bedroom with bathroom, split for privacy. Kitchen boasts stainless steel appliances and granite surfaces overlooks the living area plus the breakfast nook. At the top of the stairs you will find an additional living area that feeds to two additional bedrooms, split by the bathroom. Board on board fencing. Roof was replaced in 2020. No HOA. Walk to the end of the street and find the Addison Athletic Club and enjoy the gym and pool without any monthly dues.

Investor Tools

Property Icon
$627,700
Estimated Property Value
$406,223Estimated Mortgage Balance
$221,477Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,766 /month
Positive
Cash Flow Estimate:
$1,255 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,003/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,896
$627,700
2025
$100,000
$527,700
$627,700
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,896
$627,700

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Home Mortgage Llc
Conventional
$453,566
No
First
Dec 30, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$406,223
$221,477
35%
65%
$2,720/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,720/mo
$2,720/mo
+$0/mo
5.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Addison

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3850 Canot Lane | Property Details | No Agent List