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$1,036,000

NAL Estimated Property Value

1131 Backbay Drive, Irving, TX, 75063

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths4,492 Sq Ft
price_per_sqft$168.08 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Dishwasher, Disposal, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Marble, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size7,970 sqft

Building Information

Year Built2011
Stories2
Roof Type105
Garage Spaces2

Land Information

APN329496800J0090000
Lot Number9
SubdivisionGrand
Land UseResidential
Legal DescriptionGRAND ESTATES @NORTHLAKE HILLS 3 BLK J LOT 9 INT202000142837 DD05292020 CO-DC 9496800J00900 2CI9496800J
Census Tract014155
Assessed Land Value$145,000
Assessed Improvement Value$729,580
Assessment Year2025

About this property

Highly Motivated Sellers and would like to work with a reasonable offer. PRIME IRVING LOCATION!! Coppell ISD and Central Valley Ranch. Stunning home has lots of bright natural light and open floor plan. Hardwood floor, beautiful gourmet kitchen with abundant cabinets, granite countertops, and S.S appliances. Vaulted ceiling with crown molding and executive study with French doors currently used as a bedroom. A private master is luxurious with ensuite. The 2nd floor includes a game room, a media room, 3 full-size bedrooms, and 2 full baths. The backyard is a secluded oasis with lush landscaping, covered patio with a grill & ample room for a large gathering.

Investor Tools

Property Icon
$1,036,000
Estimated Property Value
$454,086Estimated Mortgage Balance
$581,914Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,216 /month
Positive
Cash Flow Estimate:
$2,072 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,609/month
$240/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,133
$874,580
2025
$145,000
$729,580
$874,580
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,133
$874,580

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$505,000
No
First
Feb 24, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$454,086
$581,914
56%
44%
$3,028/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Irving

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1131 Backbay Drive | Property Details | No Agent List