1view

Owner Contacts

$447,000

NAL Estimated Property Value

1308 Grigsby Ave, Dallas, TX, 75204

Off Market

3 Beds

3 Bath

1,588 Sq Ft

Single Family Residence

$1.76 / sqft

Built in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Refrigerator

FlooringOther

Exterior

Exterior FeaturesCourtyard

Lot Size3,028 sqft

Building Information

Year Built2005

Stories2

Roof Type105

Garage Spaces1

Land Information

APN000728000806D0000

Lot Number6D

SubdivisionEdco Ph 2

Land UseResidential

Legal DescriptionEDCO PH 2 BLK 8/728 LT 6D INT200600110865 DD03152006 CO-DC 0728 008 06D00 3DA0728 008

Census Tract001504

Assessed Land Value$151,400

Assessed Improvement Value$255,560

Assessment Year2025

About this property

Discover this stylish East Dallas home, ideally situated just minutes from Downtown, Uptown, Lakewood, Baylor Hospital, Dallas Theological Seminary, and Lower Greenville. Enjoy the vibrant local dining scene and the charm of a neighborhood surrounded by new developments. This well-maintained, quiet, and private property features a spacious kitchen with new stainless-steel appliances and an open floorplan perfect for cooking and entertaining. The home boasts new flooring throughout and an extra-large Primary Suite filled with natural light. The fenced-in courtyard offers outdoor privacy, and the attached 2-car garage provides ample storage space. Plus, there’s no HOA!

Investor Tools

$447,000

Estimated Property Value

$65,920Estimated Mortgage Balance

$381,080Estimated Equity

85% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,682 /month

Positive

Cash Flow Estimate:

$894 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$944/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$9,096

$406,960

2025

$151,400

$255,560

$406,960

Tax History

Year

Tax Paid

Assessed Value

2024

$9,096

$406,960

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

First United Bank & Trust Co

Conventional

$93,075

First

Jun 5, 2013

Jul 2043

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$65,920

$381,080

85%

15%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,960/mo

N/A

+$2,960/mo

7.9%

Learn About the Market: Opportunity in Dallas

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Dallas

The largest metro area in Texas, Dallas–Fort Worth blends corporate muscle with suburban sprawl and long-run growth. Anchored by Fortune 500 headquarters, two major airports, and sprawling master-planned communities, the region stretches from Uptown Dallas high-rises to Fort Worth’s historic Stockyards.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

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