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$450,000

2357 Gray Drive, Northlake, TX, 76247

$498,464 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,397 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$187.73 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven

Exterior

Lot Size4,487 sqft

Building Information

Year Built2022
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR974528
Lot Number4
SubdivisionPecan Square Phase 2b-2
Land UseResidential
Legal DescriptionPECAN SQUARE PHASE 2B-2 BLK 2U LOT 4
Census Tract020314
Assessed Land Value$78,517
Assessed Improvement Value$384,483
Assessment Year2025

About this property

2-story Northlake home with home office, double french doors & dining room. Kitchen with solid surface quartz countertops, oversized eat-in bar top island, upgraded cabinets, Energy Star Whirlpool stainless steel appliances, gas cooktop, 42-inch cabinets, backsplash ceramic tile, built-in microwave and oven, dishwasher, Moen faucet, pot & pan drawers, pendant lighting. Gas fireplace w. ceramic tile & mantle. 1st floor primary w. ceramic tile shower & glass enclosure, double sink, Moen faucets, ceramic tile flooring, lighting package & walk-in closet. 3 bedrooms + gameroom 2nd floor. Smart home, Ring doorbell, sprinkler system, gutters, covered patio, garage opener, home warranty, 8ft ft door, metal stair railing!

Investor Tools

$446,727Estimated Mortgage Balance
$29,273Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$498,464
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,856 /month
Positive
Cash Flow Estimate:
$952 /month

Interested in this property?

Billy Bishop

Coldwell Banker Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$986/month
$2,780/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,451
$463,000
2025
$78,517
$384,483
$463,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,451
$463,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Velocio Mortgage Llc
Fha
$470,324
Yes
First
Sep 22, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$446,727
$29,273
6%
94%
$2,820/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,120/mo
$5,600/mo
$-2,480/mo
7.9%

City: Northlake

2357 Gray Drive | Property Details | No Agent List