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$553,690

NAL Estimated Property Value

1221 Indian Grass Ln, Northlake, TX, 76226

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths3,038 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$119.95 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCeramic Tile, Wood

Exterior

Lot Size7,096 sqft

Building Information

Year Built2016
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR660945
Lot Number39
SubdivisionCanyon Falls Village W1
Land UseResidential
Legal DescriptionCANYON FALLS VILLAGE W1 BLK P LOT 39
Census Tract020317
Assessed Land Value$97,757
Assessed Improvement Value$455,933
Assessment Year2025

About this property

2016 energy efficient home in the sought after Canyon Falls area! This 4 bedroom 3.5 bath is move-in ready! It's the two-story Lantana model by Meritage with tons of upgrades! It features hardwoods , family room with corner fireplace, kitchen with eat-at island & upstairs Game & Media rooms, and more. Community amenities include clubhouse with infinity pool, sports fields, outdoor amphitheater & hiking trails. Buyers will love the double ovens and stainless appliance package in the kitchen. The open floor-plan and huge Master Suite are features that make the home stand out! You will love the covered porch out back for grilling while still having room for the kids to run and play!

Investor Tools

Property Icon
$553,690
Estimated Property Value
$251,366Estimated Mortgage Balance
$302,324Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,322 /month
Positive
Cash Flow Estimate:
$1,107 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,183/month
$585/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,422
$553,690
2025
$97,757
$455,933
$553,690
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,422
$553,690

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wintex Group Llc
Conventional
$279,000
No
First
Mar 19, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$251,366
$302,324
54%
45%
$1,673/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$2,258/mo
+$1,602/mo
8.4%

City: Northlake

1221 Indian Grass Ln | Property Details | No Agent List