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$278,000

7128 Grubbs Rd, Aubrey, TX, 76227

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths980 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$306.02 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesElectric Range
FlooringLaminate

Exterior

Lot Size1 acre

Building Information

Year Built1993
Stories1

Land Information

APNR253768
Lot Number2
SubdivisionCedar Hill Estates
Land UseResidential
Legal DescriptionCEDAR HILL ESTATES BLK 1 LOT 2(SW PT) ACRES 1.000
Census Tract020117
Assessed Land Value$58,479
Assessed Improvement Value$23,756
Assessment Year2025

About this property

Beautiful setting for this tucked away 1 acre property. 2 structures make this the ideal investment for someone wanting immediate rental income. Mobile home needs some TLC but has a great open floorplan with primary bedroom split from the other 2 bedrooms and 2 full baths with nice living area. Great deck on the back to enjoy the peaceful surroundings. The 24' x 36' metal building offers 2 bedrooms, bath, kitchen & living space. Nice front porch with private yard and parking. Separate water meters. Couldn't be a better location. Quiet country setting with easy access to Denton and all the shopping, hospitals and restaraunts, & Aubrey schools. Property is located outside the city limits and there are no known restrictions.

Investor Tools

Property Icon
$278,000
Estimated Property Value
$0Estimated Mortgage Balance
$278,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,799 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$192/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$908
$75,529
2025
$58,479
$23,756
$82,235
No

Tax History

Year
Tax Paid
Assessed Value
2024
$908
$75,529

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$278,000
100%
0%
$0/mo

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.

Explore Texas Explore This Area
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: Aubrey

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7128 Grubbs Rd | Property Details | No Agent List