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$128,500

1821 E Grauwyler Rd Apt 181, Irving, TX, 75061

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,084 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$118.54 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven
FlooringCeramic Tile, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Storage
Lot Size9.30 acres

Building Information

Year Built1970
Stories2
Roof Type172

Land Information

APN32084000140020000
SubdivisionCoventry Village Condominiums
Land UseResidential
Legal DescriptionCOVENTRY VILLAGE CONDOMINIUMS BLDG O UNIT 181 CE 0.89% INT2021001190777 DD04222021 CO-DC 0840001400200 13208400014
Census Tract014701
Assessment Year2025

About this property

Welcome to Coventry Village Unit 181, a beautifully updated & move-in-ready condo offering style, comfort, & low-maintenance living in the heart of Irving. From the moment you step inside, you will appreciate the thoughtful updates & warm, inviting atmosphere that make this home truly special. The first floor features an open-concept living & dining area complemented by vinyl plank flooring throughout the home. There is no carpet anywhere. Just off the entry, a custom-built beverage station-wine bar with an included wine fridge creates the perfect space for entertaining guests, or additional storage & serving space. The updated kitchen offers modern finishes, two-toned cabinetry, included stainless steel refrigerator, microwave drawer & generous countertop space, making meal preparation both functional and enjoyable. A convenient half bath is located downstairs for guests. Upstairs, you will find two spacious bedrooms with generous closets & a full bathroom, along with the added convenience of an upstairs laundry area with included washer and dryer located near the bedrooms. The thoughtful layout provides privacy & everyday functionality. Step outside to your private patio with a storage shed, an ideal space for relaxing with a cup of coffee, enjoying fresh air, or creating your own outdoor retreat. Two covered parking spaces are located nearby for added convenience. Residents of Coventry Village enjoy access to a sparkling community pool & beautifully maintained grounds. HOA dues include electricity, water, trash, basic cable, exterior maintenance, landscaping, and pool maintenance, making this an exceptional lock-and-leave lifestyle with minimal upkeep. Ideally situated near Highway 183, Loop 12, DFW & Love Field Airport, Las Colinas, shopping, dining, and Downtown Dallas, this home offers both convenience & value. Located around the corner from the new Lanotte-Spurlock Park in Irving, which features walking trails & a playground.

Investor Tools

Property Icon
$196,000
Estimated Property Value
$53,273Estimated Mortgage Balance
$174,219Estimated Equity
73% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,176 /month
Positive
Cash Flow Estimate:
$392 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$180/month
$654/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,179
$140,920
2025
N/A
N/A
$140,920
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,179
$140,920

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Fha
$53,273
Yes
First
Dec 20, 2004
Jan 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$21,962
$174,038
88%
11%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$654/mo
+$911/mo
9.6%

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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