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$795,000

1721 Gray Owl Rd, Keller, TX, 76248

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,011 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$264.03 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit, Rain Gutters
Lot Size18,029 sqft

Building Information

Year Built2012
Stories1
Garage Spaces3

Land Information

APN24877-B-14
Lot Number14
SubdivisionMarshall Point Estates
Land UseResidential
Legal DescriptionMARSHALL POINT ESTATES BLOCK B LOT 14
Census Tract113953
Assessed Land Value$157,112
Assessed Improvement Value$485,888
Assessment Year2025

About this property

This amazing Drees home lives like a ONE STORY with a bonus room and a half bath up. The open concept living is what you are looking for and the kitchen is a cooks dream. The huge island is a great place for having breakfast and the dining room is big for your family gatherings. And the location, are you kidding me? This home sits on one of the best lots in Marshall Point Estates. As you sit by the fire pit or take a dip in the Claffey built resort like pool, it feels like your view goes on forever. When the party moves back inside the hand scraped wood floors combined with the high ceilings welcome you in like a warm hug. Located close to DFW, Southlake Town Square, Roanoke, Old Town Keller, and Alliance.

Investor Tools

Property Icon
$750,000
Estimated Property Value
$548,250Estimated Mortgage Balance
$249,346Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,770 /month
Positive
Cash Flow Estimate:
$1,590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,184/month
$425/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,460
$643,000
2025
$157,112
$485,888
$643,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,460
$643,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$548,250
No
First
Oct 14, 2021
Nov 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$500,654
$249,346
33%
67%
$3,288/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,110/mo
$3,713/mo
$-603/mo
5.0%

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: Keller

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1721 Gray Owl Rd | Property Details | No Agent List