Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$679,500

3838 Canot Ln, Addison, TX, 75001

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,637 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$257.68 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Disposal, Gas Water Heater, Microwave, Warming Drawer
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesLighting, Rain Gutters
Lot Size5,198 sqft

Building Information

Year Built1991
Roof Type105
Garage Spaces1

Land Information

APN100059500B0500000
Lot Number50
SubdivisionWaterford
Land UseResidential
Legal DescriptionWATERFORD BLK B LOT 50 INT201400056623 DD03012014 CO-DC 0059500B05000 3100059500B
Census Tract013727
Assessed Land Value$100,000
Assessed Improvement Value$477,350
Assessment Year2026

About this property

Welcome to 3838 Canot Lane, a beautifully updated 3-bedroom, 2.5-bath home offering approximately 2,637 square feet in Addison’s Waterford neighborhood. Thoughtfully improved over the years, this home blends comfortable living spaces with extensive updates inside and out. The remodeled kitchen features updated countertops, select cabinetry, and replaced appliances, while wood flooring, updated lighting, and a refreshed fireplace surround and mantel add warmth throughout the home. The upstairs bathroom was completely renovated, and the primary bath has been enhanced with an updated vanity and closet system. Major improvements also include approximately 95% replaced windows, a new roof and gutters in 2020, upgraded siding, and an improved front entry. Outside, the expanded covered patio creates an inviting space for entertaining, complemented by upgraded landscaping, a sprinkler and drainage system, improved fencing, and a crushed-granite pathway. With extensive improvements already completed, 3838 Canot Lane offers a move-in-ready opportunity in the heart of Addison with space, character, and thoughtful updates throughout. Property will go live October 2

Investor Tools

$238,292Estimated Mortgage Balance
$480,708Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,314 /month
Positive
Cash Flow Estimate:
$1,438 /month

Interested in this property?

Valerie Van Pelt

Compass RE Texas, LLC.

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$674/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,490
$577,350
2026
$100,000
$477,350
$577,350
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,490
$577,350

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Affinity Llc
Conventional
$271,000
No
First
Aug 21, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$238,292
$480,708
66%
33%
$1,625/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,720/mo
$1,625/mo
+$1,095/mo
4.5%

City: Addison

3838 Canot Ln | Property Details | No Agent List