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B+
NoAgentList RatingHow are grades calculated? Info

$327,500

408 Greystone Dr, Lorena, TX, 76655

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,838 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$184.98 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Microwave, Vented Exhaust Fan, Electric Water Heater
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size12,175 sqft

Building Information

Year Built2004
Stories1
Roof Type105
Garage Spaces2

Land Information

APN300804020001082
Lot Number8
SubdivisionShoal Ridge
Land UseResidential
Legal DescriptionSHOAL RIDGE LOT 8 BLOCK 1 ACRES .2795
Census Tract003801
Assessed Land Value$39,690
Assessed Improvement Value$287,810
Assessment Year2025

About this property

Welcome to 408 Greystone Dr, a stunning corner lot home located in the highly sought-after Lorena ISD! This beautiful 4-bedroom, 2-bathroom residence boasts an inviting open floor plan that's perfect for modern living. The spacious living area features a cozy fireplace, making it an ideal spot for family gatherings and relaxation.You'll love the large rooms throughout, providing ample space for your family's needs. The kitchen and dining areas flow seamlessly together, allowing for effortless entertaining and everyday living. Step outside to discover a covered patio, perfect for enjoying your morning coffee or hosting weekend barbecues in the fully fenced backyard, providing privacy and security for kids and pets to play. Don’t miss the opportunity to make this beautiful home your own! Schedule a showing today and discover the perfect blend of comfort, style, and convenience.

Investor Tools

Property Icon
$327,500
Estimated Property Value
$320,100Estimated Mortgage Balance
$16,922Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,040 /month
Positive
Cash Flow Estimate:
$680 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$525/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,661
$327,500
2025
$39,690
$287,810
$327,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,661
$327,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$320,100
No
First
Sep 24, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$310,578
$16,922
5%
95%
$1,920/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,620/mo
$1,920/mo
$-300/mo
5.9%

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: Lorena

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408 Greystone Dr | Property Details | No Agent List