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$507,000

NAL Estimated Property Value

2429 Gramercy Park Dr, Flower Mound, TX, 75028

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,184 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.37 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Refrigerator, Tankless Water Heater, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesBalcony, Rain Gutters
Lot Size2,134 sqft

Building Information

Year Built2018
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR693484
Lot Number19
SubdivisionParkmont Place
Land UseResidential
Legal DescriptionPARKMONT PLACE BLK C LOT 19
Census Tract021759
Assessed Land Value$108,856
Assessed Improvement Value$382,144
Assessment Year2025

About this property

Beautiful townhome built by Impression Homes in 2018 featuring 3 bedrooms 2.5 BATHS. End unit. First floor is an open floor plan with wood floors, designer finishes. Open concept design with gourmet kitchen featuring SS appliances, gas cook top, quartz countertops. Owners retreat on second floor with vaulted ceilings and balcony to enjoy! Great schools and proximity to restaurants, hotels and River Walk Amenities. Plenty of natural light. Won't last.

Investor Tools

Property Icon
$507,000
Estimated Property Value
$303,313Estimated Mortgage Balance
$203,687Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,042 /month
Positive
Cash Flow Estimate:
$1,014 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$966/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,058
$491,000
2025
$108,856
$382,144
$491,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,058
$491,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Financial Network Inc
Conventional
$336,000
No
First
Apr 27, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$303,313
$203,687
40%
60%
$2,015/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,950/mo
$2,015/mo
+$935/mo
7.0%

City: Flower Mound

2429 Gramercy Park Dr | Property Details | No Agent List