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$375,000

2983 Amber Ln, Farmers Branch, TX, 75234

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,600 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$234.38 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Range

Exterior

Lot Size8,750 sqft

Building Information

Year Built1959
Roof Type105
Garage Spaces2

Land Information

APN24216500140340000
Lot Number34
SubdivisionValwood Park
Land UseResidential
Legal DescriptionVALWOOD PARK 22 BLK 14 LT 0034 INT201200279987 DD09182012 CO-DC 2165001403400 2CF21650014
Census Tract013902
Assessed Land Value$180,000
Assessed Improvement Value$95,870
Assessment Year2026

About this property

Welcome to this spacious 4-bedroom, 3.5-bath home situated on an approximately 8,751-square-foot lot in Farmers Branch. Inside, the home offers a functional layout with warm wood-look flooring throughout the main living areas, abundant natural light, and a generously sized primary bedroom. The kitchen features white cabinetry, ample counter and storage space, stainless steel appliances, and convenient flow into the dining and living areas. The standout feature is the impressive custom-built covered patio, creating an expansive outdoor living and entertaining space with beautiful wood construction, multiple ceiling fans, lighting, and plenty of room for dining, lounging, and gatherings. An exterior-access half bath adds exceptional convenience for entertaining outdoors. The fenced backyard offers additional gathering space, a picnic area, mature shade trees, and a large concrete area with a basketball goal. Additional highlights include 4 well-proportioned bedrooms, 2 full interior baths, a separate laundry area, mature trees, an extended driveway providing ample parking, and charming stone-and-brick curb appeal. The oversized primary bedroom provides flexibility for a sitting area, workspace, or additional furniture. With generous indoor and outdoor living spaces and a backyard designed for entertaining, this home offers plenty of room to make it your own.

Investor Tools

$70,740Estimated Mortgage Balance
$330,260Estimated Equity
82% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,406 /month
Positive
Cash Flow Estimate:
$802 /month

Interested in this property?

Johanna Rodriguez

OnDemand Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$441/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,290
$275,870
2026
$180,000
$95,870
$275,870
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2025
$3,290
$275,870

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frank A Barbosa
Seller Carryback / Seller Financing / Seller Take-Back
$105,000
No
First
Sep 18, 2012
Oct 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$70,740
$330,260
82%
18%
$630/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,990/mo
$630/mo
+$1,360/mo
6.0%

City: Farmers Branch

2983 Amber Ln | Property Details | No Agent List