$192,000
2723 Grayson Dr, Dallas, TX, 75224
$231,151 ARV
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesGas Oven, Gas Range, Microwave, Refrigerator
FlooringVinyl, Wood
Exterior
Lot Size7,553 sqft
Building Information
Year Built1950
Stories1
Roof Type105
Garage Spaces1
Land Information
APN00000470167000000
Lot Number11
Land UseResidential
Legal DescriptionWYNNEWOOD SEC 2 BLK 19/5975 LOT 11 INT201600276361 DD09292016 CO-DC 5975 019 01100 4DA5975 019
Census Tract006200
Assessed Land Value$95,000
Assessed Improvement Value$148,220
Assessment Year2025
About this property
Great opportunity in Dallas! This home features a roof and HVAC approximately 10 years old, with no known plumbing or electrical issues. Recent updates include new kitchen plumbing, storm doors, all new windows, new insulation, vinyl flooring in the back, and a new water heater. No major TLC needed, offering a great opportunity for buyers or investors.
Investor Tools
$94,562Estimated Mortgage Balance
$148,658Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$231,150
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,459 /month
Positive
Cash Flow Estimate:
$486 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$344/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,915
$243,220
2025
$95,000
$148,220
$243,220
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,915
$243,220
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Va
$120,026
Yes
First
Sep 29, 2016
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$94,562
$148,658
61%
39%
$720/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$720/mo
+$1,252/mo
9.7%
