$299,000
2978 Joanna Dr, Farmers Branch, TX, 75234
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh EquityCash BuyersMove-In Ready
Highlights
Interior
AppliancesDishwasher, Electric Range, Microwave
Exterior
Lot Size10,800 sqft
Building Information
Year Built1959
Roof Type105
Garage Spaces1
Land Information
APN24070500040160000
Lot Number16
SubdivisionDutch Village
Land UseResidential
Legal DescriptionDUTCH VILLAGE BLK 4 LOT 16 INT201600338982 DD11222016 CO-DC 0705000401600 2CF07050004
Census Tract013728
Assessed Land Value$180,000
Assessed Improvement Value$142,860
Assessment Year2026
About this property
Welcome to this charming, move in ready home in the heart of Farmers Branch! Featuring fresh neutral paint, luxury vinyl plank, and a bright and inviting interior! The home makes great use of space! Room that is open to the kitchen can be a formal dining or second living space and leads to a specious backyard. New carpet and ceiling fans in every bedroom! Kitchen features new stainless appliances and plenty of cabinetry. Foundation work is complete with transferrable warranty. SO much to love. You will want to call this house, HOME!
Investor Tools
$0Estimated Mortgage Balance
$344,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,064 /month
Positive
Cash Flow Estimate:
$688 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$697/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,647
$322,860
2026
$180,000
$142,860
$322,860
No
Tax History
Year
Tax Paid
Assessed Value
2026
$6,647
$322,860
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$344,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
N/A
+$2,520/mo
8.8%
