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Days10Days on Market
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$3,200

8241 Grayson Way, Watauga, TX, 76148

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths3,178 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.01 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOther

Exterior

Lot Size9,196 sqft

Building Information

Year Built2005
Stories2
Garage Spaces2

Land Information

APN10369D-D-23
Lot Number23
SubdivisionDurham Farms - Watauga
Land UseResidential
Legal DescriptionDURHAM FARMS - WATAUGA BLOCK D LOT 23
Census Tract113803
Assessed Land Value$70,000
Assessed Improvement Value$315,000
Assessment Year2025

About this property

Enjoy over 3100 sq. ft. of spacious living in this 4 bed 3 bath 2 car garage home in Birdville ISD. This beautiful two story brick home offers oversized living spaces, soaring vaulted ceilings, abundant natural light, and a flexible floor plan with two living areas and two dining areas and a dedicated office space. The kitchen is equipped with an electric cooktop, built-in microwave, dishwasher, disposal, and a refrigerator water line, making entertaining easy. The primary suite provides a private retreat with a spacious bathroom, walk-in closet, and newly renovated primary bath. The additional bedrooms offer plenty of space for family, guests, or a home office. Enjoy quality finishes throughout, including wood, ceramic tile, and carpet flooring, decorative lighting, window coverings, and a pre-wired security system. The attached two car garage and large backyard provide additional convenience and outdoor enjoyment. This home offers a peaceful neighborhood setting while remaining close to entertainment, shopping, dining, parks, schools.

Investor Tools

$210,890Estimated Mortgage Balance
$336,110Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,282 /month
Positive
Cash Flow Estimate:
$1,094 /month

Interested in this property?

Kristen Correa

Kristen Correa Texas Realtors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$779/month
$1/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,611
$385,000
2025
$70,000
$315,000
$385,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,611
$385,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Stearns Lending Llc
Conventional
$235,000
No
First
Apr 13, 2021
May 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$210,890
$336,110
61%
39%
$1,409/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,080/mo
$1,410/mo
+$1,670/mo
6.8%

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: Watauga

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8241 Grayson Way | Property Details | No Agent List