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$538,000

NAL Estimated Property Value

3883 Emerald Court, Addison, TX, 75001

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,878 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$196.96 / sqft
Year BuiltBuilt in 1993

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
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size3,688 sqft

Building Information

Year Built1993
Stories2
Roof Type105
Garage Spaces1

Land Information

APN100043900B0280000
Lot Number28
SubdivisionGrand Addison 2
Land UseResidential
Legal DescriptionGRAND ADDISON 2 BLK B LT 28 INT202000197360 DD07212020 CO-DC 0043900B02800 3100043900B
Census Tract013726
Assessed Land Value$100,000
Assessed Improvement Value$411,760
Assessment Year2025

About this property

This Home Is In The Center Of Addison And In A Cul-De-Sac. It Features 3 Large Bedrooms, 2 Full And 1 Half Bath. Family Room, Dining, And Kitchen Are All Wide Open With Lots Of Windows To Make It Light And Bright. Ceramic Tile On The Main Level, Fireplace, Kitchen With Granite, Stainless, And Plenty Of Cabinets. Master Is Up And Is Huge! Plenty Of Room For A Sitting Area In The Master, And Of Course Has An Attached Bath. Two More Spacious Bedrooms Share A Bathroom. The Backyard Has Plenty Of Grass And Is Fully Fenced For Privacy.

Investor Tools

Property Icon
$538,000
Estimated Property Value
$328,044Estimated Mortgage Balance
$209,956Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,228 /month
Positive
Cash Flow Estimate:
$1,076 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$686/month
$222/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,538
$511,760
2025
$100,000
$411,760
$511,760
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,538
$511,760

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Firstbank
Conventional
$359,230
No
First
Oct 13, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$328,044
$209,956
39%
61%
$2,154/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,720/mo
$2,376/mo
+$344/mo
6.1%

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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3883 Emerald Court | Property Details | No Agent List