Street View

1view

Owner Contacts

$224,999

2720 Groveridge Dr, Dallas, TX, 75227

Off Market

4 Beds

2 Bath

1,494 Sq Ft

Single Family Residence

$150.6 / sqft

Built in 1971

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Gas Cooktop, Gas Oven, Other

FlooringCarpet, Ceramic Tile

Exterior

Lot Size11,686 sqft

Building Information

Year Built1971

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000630346000000

Lot Number20

SubdivisionBruton Terrace No 18

Land UseResidential

Legal DescriptionBRUTON TERRACE NO 18 BLK B/6755 LT 20 INT202200014776 DD01142022 CO-DC 6755 00B 02000 3006755 00B

Census Tract012000

Assessed Land Value$56,250

Assessed Improvement Value$191,330

Assessment Year2025

About this property

Cozy beautiful home offers 4 bedroom 2 full bath with 2 living areas, corner lot sitting on over a quarter acre with a great size backyard. Easy access to I30, Highway 80, 175 and 635. Kitchen overlooks both living areas with a fire place great for entertainment. Sellers have owned this property since 2004.

Investor Tools

$263,000

Estimated Property Value

$424,862,000Estimated Mortgage Balance

$0Estimated Equity

-161444% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,578 /month

Positive

Cash Flow Estimate:

$526 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$607/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,966

$247,580

2025

$56,250

$191,330

$247,580

Tax History

Year

Tax Paid

Assessed Value

2024

$5,966

$247,580

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Nwl Company Llc

Commercial

$424,862,000

First

Oct 5, 2023

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$404,905,234

N/A

153956%

$2,547,263/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,572/mo

$2,547,263/mo

$-2,544,691/mo

11.7%

Learn About the Market: Opportunity in Dallas

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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.

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