B+

NoAgentList RatingHow are grades calculated?

7view

Owner Contacts

$1,180,000

NAL Estimated Property Value

8630 Groveland Drive, Dallas, TX, 75218

Off Market

3 Beds

4 Bath

3,031 Sq Ft

Single Family Residence

$230.86 / sqft

Built in 2009

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3

Bathrooms Full 4

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Double Oven, Gas Cooktop, Microwave, Tankless Water Heater

FlooringCarpet, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting

Lot Size7,942 sqft

Building Information

Year Built2009

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000370207000000

Lot Number22

SubdivisionLakeland Terrace

Land UseResidential

Legal DescriptionLAKELAND TERRACE BLK 17/5244 LT 22 INT202000348659 DD12112020 CO-DC 5244 017 02200 3005244 017

Census Tract008102

Assessed Land Value$350,000

Assessed Improvement Value$830,000

Assessment Year2025

About this property

2009 built home w open floor plan&master down.Enter to large foyer,hardwoods&high ceilings.The living area has a stone FP,beamed ceilings&French doors to the cov patio.The large kitchen has island,BB,Wolf cooktop,2nd sink,2 ovens,BI micro&DW.The breakfast room has French doors to a 2nd cov patio.The 1st-floor master is private w bay window.The en suite bath has 2 vanities,jetted tub,2 WI closets&sep shower.The 1st floor also features study,utility room,full bath&att 2-car garage. Upstairs hosts the home’s 2nd living area,2 bedrooms&two full baths,one of which is en suite.The large backyard is beautifully landscaped&has both a cov&open patio.Other feat: two 2020 tankless water heaters,alarm system and more.Enjoy

Investor Tools

$1,180,000

Estimated Property Value

$0Estimated Mortgage Balance

$1,180,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$7,080 /month

Positive

Cash Flow Estimate:

$2,360 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,824/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$15,992

$1,180,000

2025

$350,000

$830,000

$1,180,000

Yes (2023)

Tax History

Year

Tax Paid

Assessed Value

2024

$15,992

$1,180,000

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$1,180,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,710/mo

N/A

+$2,710/mo

2.8%

Learn About the Market: Opportunity in Dallas

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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.

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