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$481,116

NAL Estimated Property Value

3908 Driftwood Ln, Northlake, TX, 76226

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,194 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$202.83 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size5,998 sqft

Building Information

Year Built2018
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR705879
Lot Number4
SubdivisionCanyon Falls Village W2 Phase 2
Land UseResidential
Legal DescriptionCANYON FALLS VILLAGE W2 PHASE 2 BLK K LOT 4
Census Tract020317
Assessed Land Value$96,000
Assessed Improvement Value$385,116
Assessment Year2025

About this property

One-story home in Canyon Falls offers a spacious split floor plan featuring 3 bedrooms, 2 baths, a private home office, and so many upgrades! The open-concept living is airy, light, and bright! The modern kitchen design presents a roomy cooking experience with ample counter space, island breakfast bar, 42in white cabinets, a walk-in pantry, and cafe dining. The kitchen gracefully flows into the living room showcasing a corner fireplace, and rich wood floors throughout the main living areas, Study and primary bedroom. The owner's retreat at the back of the home provides a cozy sitting area, double vanity, an over-sized spa shower, and a roomy walk-in closet. Enjoy a private backyard with green-space views and covered patio - automated screens provide additional shade and privacy. Canyon Falls HOA offers many community amenities, events as well as front lawn maint, Frontier internet, and basic cable.

Investor Tools

Property Icon
$481,116
Estimated Property Value
$423,393Estimated Mortgage Balance
$57,723Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,887 /month
Positive
Cash Flow Estimate:
$962 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$802/month
$693/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,213
$481,116
2025
$96,000
$385,116
$481,116
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,213
$481,116

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American National Bank & Trust
Va
$435,000
Yes
First
Nov 1, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$423,393
$57,723
11%
88%
$2,609/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$3,302/mo
$-342/mo
7.4%

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: Northlake

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3908 Driftwood Ln | Property Details | No Agent List