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$401,182

NAL Estimated Property Value

615 Grayson Ln, Lake Dallas, TX, 75065

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,040 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$195.59 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size5,502 sqft

Building Information

Year Built2008
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR534796
Lot Number24
SubdivisionOaks At North Lakeview Ph 2
Land UseResidential
Legal DescriptionOAKS AT NORTH LAKEVIEW PH 2 BLK A LOT 24
Census Tract021411
Assessed Land Value$82,500
Assessed Improvement Value$331,807
Assessment Year2025

About this property

Charming 4-Bedroom Single Story Home Backing to Lush Greenbelt. Welcome to this beautifully maintained 4-bedroom, 2-bath gem nestled in a quiet lakeside community near the shores of Lewisville Lake. With easy access to boating, parks, and trails, this home offers a blend of nature, comfort, and convenience. Step inside to gorgeous hardwood floors, a spacious open-concept living area with a cozy fireplace, and a well-appointed kitchen featuring granite-style countertops, a large island, pantry, and abundant cabinet space. Whether you're entertaining or relaxing, you'll appreciate the thoughtful layout and natural light throughout. The primary suite offers a peaceful retreat with views of the private backyard and greenbelt area. Imagine waking up every morning to the lush green of trees with birds singing. With 4 bedrooms and 2 dining areas there’s room for flexing the space to however you want to live, work and play. Enjoy this tranquil setting with no backyard neighbors, just 2 min to the Lewisville Lake bridge to Little Elm or Frisco. 4 min to the marina or Willow Grove Park on the water. 5 min to Denton Katy Trail for 12 miles of biking path. 20 minutes from DFW Airport. There’s so much to discover in this under-the-radar neighborhood!

Investor Tools

Property Icon
$401,182
Estimated Property Value
$402,091Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,407 /month
Positive
Cash Flow Estimate:
$802 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$658/month
$330/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,891
$401,182
2025
$82,500
$331,807
$414,307
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,891
$401,182

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Midwest Mortgage Associates Corp
Fha
$391,773
Yes
First
Aug 4, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$402,091
N/A
0%
100%
$2,443/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
$2,773/mo
$-683/mo
6.3%

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: Lake Dallas

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615 Grayson Ln | Property Details | No Agent List