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$275,000

3521 Grady St, Forest Hill, TX, 76119

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,015 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$136.48 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters, Lighting, Storage
Lot Size10,855 sqft

Building Information

Year Built1962
Stories2

Land Information

APN18050-2-22
Lot Number22
SubdivisionHighland Forest Addition
Land UseResidential
Legal DescriptionHIGHLAND FOREST ADDITION BLOCK 2 LOT 22
Census Tract111104
Assessed Land Value$30,856
Assessed Improvement Value$284,063
Assessment Year2025

About this property

Welcome home! Seller's offering $7k towards closing costs, updates, or towards your rate buy down!! Your new home sits on a large corner lot with plenty of yard in both the front and back! Just 4 minutes from I-20! New carpet in bedrooms, new ceiling fans installed, new fixtures and freshly painted inside! The kitchen features granite counters and stainless steel appliances including a brand new stove and brand new microwave. Nice working fountain in the front yard. Garage conversion is a great second living room with plenty of room! Refrigerator will remain with full price offer.

Investor Tools

Property Icon
$314,919
Estimated Property Value
$247,500Estimated Mortgage Balance
$75,545Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$430/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,588
$314,919
2025
$30,856
$284,063
$314,919
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,588
$314,919

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank
Commercial
$247,500
No
First
Jul 3, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,374
$75,545
23%
76%
$1,484/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,484/mo
+$443/mo
7.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

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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: Forest Hill

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3521 Grady St | Property Details | No Agent List