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$394,000

8209 Grayson Way, Watauga, TX, 76148

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,127 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$185.24 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Electric Range
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size6,874 sqft

Building Information

Year Built2007
Stories1
Garage Spaces2

Land Information

APN10369D-D-15
Lot Number15
SubdivisionDurham Farms - Watauga
Land UseResidential
Legal DescriptionDURHAM FARMS - WATAUGA BLOCK D LOT 15
Census Tract113803
Assessed Land Value$70,000
Assessed Improvement Value$322,505
Assessment Year2025

About this property

Peaceful living awaits at the end of a quiet cul-de-sac in Durham Farms. This beautifully maintained 3-bedroom, 2-bath home with a dedicated office enjoys a prime location with the neighborhood pond just outside your front door. Inside, you'll find soaring ceilings, abundant natural light, rich wood flooring, and an open-concept layout designed for both everyday living and entertaining. The spacious kitchen features abundant cabinetry, expansive counter space, a breakfast bar, and overlooks the family room. The split-bedroom floor plan offers a private primary suite complete with dual vanities, a garden tub, separate shower, and walk-in closet. Relax under the covered patio overlooking the fully fenced backyard. Conveniently located near top-rated schools, shopping, dining, parks, and major commuter routes, this move-in ready home offers comfort, functionality, and an unbeatable location.

Investor Tools

Property Icon
$403,000
Estimated Property Value
$370,120Estimated Mortgage Balance
$45,031Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,418 /month
Positive
Cash Flow Estimate:
$806 /month

Interested in this property?

Katie Sparkman

NB Elite Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$420/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,019
$392,505
2025
$70,000
$322,505
$392,505
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,019
$392,505

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$370,120
No
First
Sep 13, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$359,110
$33,395
8%
89%
$2,220/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,490/mo
$2,620/mo
$-130/mo
7.4%

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: Watauga

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8209 Grayson Way | Property Details | No Agent List