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NoAgentList RatingHow are grades calculated?Info

$406,000

NAL Estimated Property Value

8505 Grumman Dr, Dallas, TX, 75228

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,960 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$201.53 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range
FlooringTile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size6,905 sqft

Building Information

Year Built1976
Stories1
Roof Type105
Garage Spaces4

Land Information

APN00000725316100000
Lot Number3
SubdivisionWhite Rock Village No 1
Land UseResidential
Legal DescriptionWHITE ROCK VILLAGE NO 1 BLK B/7375 LT 3 INT202400048561 DD03082024 CO-DC 7375 00B 00300 3007375 00B
Census Tract012211
Assessed Land Value$70,000
Assessed Improvement Value$319,630
Assessment Year2025

About this property

Welcome to your dream home! This home offers a harmonious blend of comfort and convenience. The abundance of natural light that fills the interior creates an ambiance that is both warm and energizing. The layout creates a spacious and inviting atmosphere perfect for entertaining and everyday living. Stepping outside, you'll discover an outdoor oasis that will exceed your expectations. A sparkling pool invites you to cool off during hot Texas summers, while the covered patio area provides a shaded retreat where you can relax and entertain guests year-round. Whether you're hosting a barbecue or enjoying a quiet evening under the starry sky, this outdoor space is sure to become your favorite gathering spot. This home offers the perfect combination of a serene suburban lifestyle and the excitement of urban living. With its exceptional features, proximity to White Rock Lake, and convenient access to downtown Dallas this home truly has it all.

Investor Tools

Property Icon
$406,000
Estimated Property Value
$359,854Estimated Mortgage Balance
$46,146Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,436 /month
Positive
Cash Flow Estimate:
$812 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$737/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,815
$389,630
2025
$70,000
$319,630
$389,630
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,815
$389,630

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$361,950
No
First
Jan 31, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$359,854
$46,146
11%
89%
$2,171/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,171/mo
$-199/mo
5.8%

Learn About the Market: Opportunity in Dallas

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Explore

Dallas

The largest metro area in Texas, Dallas–Fort Worth blends corporate muscle with suburban sprawl and long-run growth. Anchored by Fortune 500 headquarters, two major airports, and sprawling master-planned communities, the region stretches from Uptown Dallas high-rises to Fort Worth’s historic Stockyards.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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8505 Grumman Dr | Property Details | No Agent List