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$296,000

3412 Groveland Terrace, Denton, TX, 76210

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,376 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$158.19 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Microwave
FlooringCarpet, Laminate

Exterior

Lot Size6,085 sqft

Building Information

Year Built2007
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR291197
Lot Number34
SubdivisionWheeler Ridge Ph Four
Land UseResidential
Legal DescriptionWHEELER RIDGE PH FOUR BLK T LOT 34
Census Tract021416
Assessed Land Value$76,075
Assessed Improvement Value$209,568
Assessment Year2025

About this property

This is an absolute doll house and ready for new owners! Seller has made many updates and the home is in really good condition. Updates include the HVAC 2.5 TON TRANE XR16 in 2018 as well as painted rooms, bathroom cabinets and more. This home has a great flow with a huge backyard with a covered patio. Perfect location. Quick drive to shopping, restaurants, schools, etc. Wheeler Ridge has an awesome entrance with a beautiful pond and a community pool with a clubhouse and new park. Fantastic price. Come and see us today!

Investor Tools

Property Icon
$296,000
Estimated Property Value
$0Estimated Mortgage Balance
$142,883Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,776 /month
Positive
Cash Flow Estimate:
$592 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$459/month
$115/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,027
$285,643
2025
$76,075
$209,568
$285,643
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,027
$285,643

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Home Mortgage Llc
Conventional
$174,134
No
First
Mar 31, 2020
Apr 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$153,117
$142,883
48%
52%
$1,045/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,390/mo
$1,160/mo
+$1,230/mo
9.7%

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.

Explore Texas Explore This Area
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: Denton

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3412 Groveland Terrace | Property Details | No Agent List