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$415,000

2912 Marsann Lane, Farmers Branch, TX, 75234

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,759 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$235.93 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt In Gas Range, Dishwasher, Disposal, Microwave
FlooringCarpet, Hardwood, Tile

Exterior

Private PoolPrivate Pool
Lot Size10,000 sqft

Building Information

Year Built1970
Stories1
Roof Type105
Garage Spaces2

Land Information

APN24049500060020000
Lot Number2
SubdivisionChapel View
Land UseResidential
Legal DescriptionCHAPEL VIEW 2 BLK 6 LOT 2 VOL2003035/0211 DD02052003 CO-DC 0495000600200 12404950006
Census Tract013902
Assessed Land Value$115,000
Assessed Improvement Value$271,960
Assessment Year2025

About this property

Seller offering up to 2% in seller credits to use towards rate buy down or closing costs with preferred lender. Charming traditional home in the heart of Farmers Branch that perfectly blends timeless character with modern updates. Step inside to discover beautiful hardwood flooring that flows throughout the home, creating warmth and elegance in every room. The spacious living area is filled with natural light and provides an inviting setting for both everyday living and entertaining. Two dining areas offer versatility for formal gatherings, casual meals, or additional flex space to suit your needs. The well-appointed kitchen features ample counter space and a practical layout designed to make meal preparation and hosting effortless. Brand-new windows enhance energy efficiency while flooding the home with abundant natural light. A standout feature of the home is the private upstairs bedroom and full bath with its own separate entrance, making it ideal for guests, multigenerational living, a home office, or a secluded retreat. Step outside to enjoy your own backyard oasis. The expansive yard offers plenty of room for recreation, gardening, and outdoor entertaining, while the sparkling pool creates the perfect place to relax and unwind during warm Texas days. Mature landscaping and welcoming curb appeal complete the outdoor experience. Located within the highly regarded Carrollton-Farmers Branch ISD, this home offers convenient access to shopping, dining, entertainment, and major highways, making commuting throughout the Dallas-Fort Worth Metroplex a breeze. Combining classic charm, modern updates, flexible living spaces, and a backyard designed for enjoyment, this exceptional Farmers Branch home is ready to welcome its next owners.

Investor Tools

$83,334Estimated Mortgage Balance
$357,666Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,646 /month
Positive
Cash Flow Estimate:
$882 /month

Interested in this property?

Daniel Cline

Keller Williams Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$340/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,878
$386,960
2025
$115,000
$271,960
$386,960
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,878
$386,960

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Commercial
$100,000
No
First
Jul 27, 2018
Aug 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$83,334
$357,666
81%
19%
$600/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,990/mo
$600/mo
+$1,390/mo
5.4%

City: Farmers Branch

2912 Marsann Lane | Property Details | No Agent List