Last 24 Hours
$448,000
NAL Estimated Property Value508 Dove Creek Place, Grapevine, TX, 76051
Off Market
3 Beds
2 Bath
1,515 Sq Ft
$221.06 / sqft
Built in 1996Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Garage Available
Heating Central
CoolingAppliancesElectric Range, Microwave
FlooringCarpet, Laminate
Exterior
Exterior FeaturesRain Gutters
Lot Size8,024 sqft
Building Information
Year Built1996
Stories2
Garage Spaces2
Land Information
APN10128-1-12
Lot Number12
SubdivisionDove Creek Phase 2 Subdivision
Land UseResidential
Legal DescriptionDOVE CREEK PHASE 2 SUBDIVISION BLOCK 1 LOT 12
Census Tract113711
Assessed Land Value$90,000
Assessed Improvement Value$343,000
Assessment Year2025
About this property
Culdesac, large beautiful backyard, master suite is all that is upstairs. First day on Market Saturday March 20, waiting on occupants to move out.
Investor Tools
$448,000
Estimated Property Value
$309,918Estimated Mortgage Balance
$138,082Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,688 /month
Positive
Cash Flow Estimate:
$896 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$371/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,213
$433,000
2025
$90,000
$343,000
$433,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,213
$433,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cherry Creek Mortgage Co Inc
Fha
$328,833
Yes
First
Jun 10, 2021
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$309,918
$138,082
30%
69%
$2,051/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,051/mo
+$529/mo
6.9%
12.4%