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$735,000

4013 Bobbin Ln, Addison, TX, 75001

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths2,746 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$267.66 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range, Microwave
FlooringTile, Wood

Exterior

Exterior FeaturesOther, Private Yard
Lot Size7,749 sqft

Building Information

Year Built1990
Roof Type105
Garage Spaces2

Land Information

APN10000926197460000
Lot Number24
SubdivisionMidway Meadows
Land UseResidential
Legal DescriptionMIDWAY MEADOWS BLK D LT 24 VOL97230/3524 DD111797 CO-DALLAS 0009261974600 31000092619
Census Tract013727
Assessed Land Value$100,000
Assessed Improvement Value$500,000
Assessment Year2026

About this property

EXCEPTIONAL MIDWAY MEADOWS HOME LOADED WITH UPGRADES, ENERGY EFFICIENCY & A RARE PRIVATE WORKSHOP OR OFFICE! This beautifully maintained 4-bedroom, 2,746-square-foot home offers an impressive combination of comfort, functionality and features rarely found together. A desirable split-bedroom floor plan provides privacy, while the primary suite showcases beautiful recessed tray ceilings and views of the private patio. One of the home's most distinctive features is the PRIVATE WORKSHOP or OFFICE WITH ITS OWN EXTERIOR DOOR ENTRANCE FROM THE REAR DRIVE, ideal for a home office, creative studio, hobbies or dedicated workshop! Enjoy outdoor living beneath the custom covered patio featuring a tranquil stone waterfall, beautiful landscaping, and mosquito misting system. Exceptional upgrades include a WHOLE-HOUSE GENERATOR, SELLER-PAID SOLAR PANELS for reduced electricity costs, CCTV security camera system (in 4th bedroom closet), updated Brennan windows and a 2024 CLASS 4 IMPACT-RESISTANT ASPHALT SHINGLE ROOF, new paint throughiout and new epoxy floors in garage and workshop Oct. 2026. Located in Addison's established Midway Meadows neighborhood, enjoy convenient access to Addison's vibrant restaurant scene, shopping, parks, trails and entertainment, including Addison Circle Park, Vitruvian Park and the Addison Athletic Club (for Addison residents only) just a half mile away and easy walk, including pickleball and tennis courts, pools, track, weightroom and more. With easy access to major thoroughfares and the Dallas North Tollway, this exceptional property delivers an outstanding combination of location, lifestyle and valuable improvements. A rare find that truly stands apart!

Investor Tools

$552,026Estimated Mortgage Balance
$113,974Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,410 /month
Positive
Cash Flow Estimate:
$1,470 /month

Interested in this property?

Carla Atwal

Compass RE Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$616/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,057
$600,000
2026
$100,000
$500,000
$600,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,057
$600,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Reverse Mortgage Funding Llc
Reverse Mortgage / Hecm
$645,000
No
First
Apr 16, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$552,026
$113,974
17%
83%
$2,779/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,720/mo
$2,779/mo
$-59/mo
4.9%

City: Addison

4013 Bobbin Ln | Property Details | No Agent List