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B+
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$599,000

3234 Grantwood Dr, Dallas, TX, 75229

Under ContractInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,276 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$263.18 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Off-Market ListMust-SellAbsentee OwnerHigh EquityMove-In Ready

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 Cooktop, Electric Oven, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size11,618 sqft

Building Information

Year Built1967
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000589340300000
Lot Number6
SubdivisionRoyal Chapel
Land UseResidential
Legal DescriptionROYAL CHAPEL ESTATES 2ND INST BLK 9/6432 LOT 6 GRANTWOOD DR & ROYAL CHAPEL DR INT201800306480 DD11162018 CO-DC 6432 009 00600
Census Tract009701
Assessed Land Value$250,000
Assessed Improvement Value$314,510
Assessment Year2025

About this property

Pre-listing inspection completed, this move-in ready Dallas home offers the kind of buyer confidence that's increasingly hard to find. Situated on a spacious corner lot, this beautifully updated 4-bedroom, 2.5-bathroom home offers 2,276 square feet of single story flexible living space with multiple living and dining areas designed for both everyday living and entertaining. Luxury vinyl plank flooring, fresh interior paint, upgraded lighting, quartz countertops, and multiple sliding glass doors create a bright, modern feel throughout. The kitchen features quartz countertops, built-in microwave, electric cooktop and oven, disposal, updated dishwasher, and seamless connection to the home's gathering spaces. The primary suite offers direct backyard access and a refreshed ensuite bath with a new glass shower enclosure and recent updates. Beyond the cosmetic improvements, buyers will appreciate the substantial investment in the home's infrastructure. Recent improvements include a 2021 impact-resistant roof, HVAC condenser, fan, and complete ductwork replacement, plumbing repairs, electrical improvements, new fencing, a new concrete patio, fresh landscaping, and extensive interior and exterior updates. The fully fenced backyard offers privacy, room to relax, and space for pets or play, while the extended driveway provides dedicated RV or boat parking, a feature rarely found in this area. An attached rear-entry garage adds functionality and curb appeal. Conveniently located near highways, shopping, dining, private schools, and everyday Dallas amenities, while still tucked away in a quiet established neighborhood this home delivers a rare combination of location, updates, and peace of mind. For buyers seeking a home where the expensive work has already been completed, 3234 Grantwood presents an exceptional opportunity.

Investor Tools

Property Icon
$594,000
Estimated Property Value
$217,500Estimated Mortgage Balance
$410,175Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,594 /month
Positive
Cash Flow Estimate:
$1,198 /month

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Gina Mullen

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,012/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,170
$564,510
2025
$250,000
$314,510
$564,510
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,170
$564,510

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Unknown
$217,500
No
First
Nov 16, 2018
Dec 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$183,825
$410,175
69%
31%
$1,305/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,305/mo
+$1,267/mo
5.2%

Learn About the Market: Opportunity in Dallas

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Explore

Dallas

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.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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