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$1,096,980

NAL Estimated Property Value

1216 Backbay Dr, Irving, TX, 75063

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,584 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$196.12 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Cooktop, Double Oven
FlooringCarpet, Hardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesPlayground
Lot Size5,434 sqft

Building Information

Year Built2007
Stories2
Roof Type105
Garage Spaces2

Land Information

APN321496700H0070000
Lot Number7
SubdivisionGrand
Land UseResidential
Legal DescriptionGRAND EST AT NORTHLAKE HILLS PH 1 BLK H LT 7 INT202200225725 DD08172022 CO-DC 1496700H00700 1CI1496700H
Census Tract014155
Assessed Land Value$182,000
Assessed Improvement Value$914,980
Assessment Year2025

About this property

**Multiple offers - Offer deadline July 1 by 6 pm.** Stunning north-facing home on a large corner lot in Irving's highly sought-after Valley Ranch is a must-see! An elegant spiral staircase welcomes with two-story ceilings & exquisite iron baluster rails that wrap around the 2nd floor overlooking the grand living room with built-ins, and a wall of windows allowing natural light to pour through. Well-appointed island kitchen features SS appliances, 5 burner gas cooktop, double ovens, and a dry bar. Large primary suite impresses with a see-through fireplace and luxe dual vanity bath. Upstairs, you can find the media room + game room with a wet bar and French doors leading to the balcony--enjoy your own private Dallas Skyline view every time you step out on the balcony. 3 additional upstairs bedrooms and 2 full baths. This resort-style backyard has it all-- heated saltwater pool + spa and water feature, pergola, built-in outdoor kitchen, and a fenced basketball court. Coppell ISD.

Investor Tools

Property Icon
$1,096,980
Estimated Property Value
$681,413Estimated Mortgage Balance
$415,567Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,582 /month
Positive
Cash Flow Estimate:
$2,194 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,172/month
$260/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$20,576
$1,096,980
2025
$182,000
$914,980
$1,096,980
No

Tax History

Year
Tax Paid
Assessed Value
2024
$20,576
$1,096,980

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$732,565
No
First
Aug 17, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$681,413
$415,567
37%
62%
$4,393/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,270/mo
$4,653/mo
$-1,383/mo
3.6%

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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1216 Backbay Dr | Property Details | No Agent List