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$406,000

NAL Estimated Property Value

3905 Lombardy Dr, Venus, TX, 76084

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,047 Sq Ft
price_per_sqft$200.29 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size10,450 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.7418.922.007.00.908
Lot Number7
SubdivisionPrairie Ridge Ph 3
Land UseResidential
Legal DescriptionLOT 7 BLK V PRAIRIE RIDGE PH 3 0.2399 AC
Census Tract060803
Assessed Land Value$110,000
Assessed Improvement Value$285,518
Assessment Year2025

About this property

Tucked into the highly sought-after Goodland community, this beautifully customized single-story home offers thoughtful design, flexibility, and lifestyle. Located just south of Mansfield, where rolling prairie landscapes meet lakes, trails, and open green space, 3905 Lombardy delivers both convenience and connection with easy access to the newly opened Goodland Parkway entrance. Designed for everyday living, the home features durable wood-look flooring throughout, an open-concept layout, and custom finishes that create a warm, modern feel. The spacious living area flows seamlessly into the kitchen and dining spaces, making the home feel connected, bright, and inviting. The modern wall-mounted fireplace brings warmth and ambiance. A versatile bonus room offers flexibility for a home office, game room, media room, or potential fourth bedroom. Outside, added lighting in the eaves welcome you home. You'll also enjoy the oversized lot, landscaped yard, large storage shed. Whether relaxing, entertaining, or simply enjoying extra breathing room between neighbors, this backyard delivers. The oversized 3-car garage provides ample room for vehicles, hobbies, storage, and recreational equipment. Owners of this property are 300' away from premier community amenities including a resort-style pool, playgrounds, splash pad, dog park, trails, and gathering spaces that encourage outdoor living and neighborhood connection. With quick access to highway 287 and toll road 360 your a short ride to shopping, dining, entertainment, and the greater Dallas-Fort Worth metroplex, this home blends comfort, functionality, and community in one exceptional location.

Investor Tools

Property Icon
$406,000
Estimated Property Value
$377,851Estimated Mortgage Balance
$28,829Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
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
$894/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,695
$395,518
2025
$110,000
$285,518
$395,518
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,695
$395,518

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
M/I Financial Llc
Conventional
$406,215
No
First
Sep 27, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$377,851
$25,149
6%
93%
$2,436/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$3,086/mo
$-514/mo
7.6%

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: Venus

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3905 Lombardy Dr | Property Details | No Agent List