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$423,000

NAL Estimated Property Value

3935 Grimes Rd, Irving, TX, 75061

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,797 Sq Ft
price_per_sqft$219.76 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesGarden
Lot Size12,502 sqft

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces2

Land Information

APN32488610010020000
Lot Number2
SubdivisionSkeens Grimes Road
Land UseResidential
Legal DescriptionSKEENS GRIMES ROAD BLK 1 LT 2 INT202200139164 DD05162022 CO-DC 4886100100200 2CI48861001
Census Tract014407
Assessed Land Value$100,020
Assessed Improvement Value$322,980
Assessment Year2025

About this property

MULTIPLE OFFERS. OFFER DEADLINE 8PM TUESDAY APRIL, 12TH. Adorable 3 bed, 2 bath cutie on a HUGE lot in a prime location just minutes from HWY 161 & 183 for fast and easy access to the metroplex. You enter into a large, bright living room with easy to maintain laminate wood floors and gorgeous see thru fireplace to the adjoining dining room. The kitchen features wood look tile floors, granite tops and stainless steel appliances including gas range. Enjoy the spacious master retreat with plenty of room for an office or workout area and en suite bath with roomy stand up shower and walk-in closet. The split secondary bedrooms feature plush carpet, ceiling fans, window coverings and ample closet space. The fully fenced oversized backyard with mature trees boasts a patio off the kitchen, storage building and vegetable gardens with space for so much more! Conveniently located within 1 mile of 2 parks, the city recreational center and aquatic center & pool.

Investor Tools

Property Icon
$423,000
Estimated Property Value
$312,326Estimated Mortgage Balance
$110,674Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,538 /month
Positive
Cash Flow Estimate:
$846 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$787/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,329
$423,000
2025
$100,020
$322,980
$423,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,329
$423,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$337,600
No
First
May 16, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$312,326
$110,674
26%
74%
$2,025/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,025/mo
$-53/mo
5.6%

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.

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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: Irving

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3935 Grimes Rd | Property Details | No Agent List