Street View

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Owner Contacts

$806,780

8643 Groveland Drive, Dallas, TX, 75218

Off Market

2 Beds

3 Bath

1,550 Sq Ft

Single Family Residence

$354.84 / sqft

Built in 2007

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Bathrooms Half 1

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Range, Plumbed For Ice Maker, Gas Water Heater

FlooringConcrete, Wood

Exterior

Exterior FeaturesLighting

Lot Size7,522 sqft

Building Information

Year Built2007

Stories2

Roof Type105

Land Information

APN00000370114000000

Lot Number14

SubdivisionLakeland Terrace

Land UseResidential

Legal DescriptionLAKELAND TERRACE BLK 16/5243 LOT 14 INT202000304486 DD10302020 CO-DC 5243 016 01400 3005243 016

Census Tract008102

Assessed Land Value$350,000

Assessed Improvement Value$456,780

Assessment Year2025

About this property

This iconic contemp home designed by Thad Reeves of Agruppo Architects & built by MOD Construction is truly one of a kind!Designed to accentuate outdoor LAs & focus on the abundance of gardens & natural light,while maintaining a sense of privacy.Polished,aggregate floors thru-out 1st level,open kitchen w-SS appls including Jennair gas range & custom cabinetry.Tons of light in LA leads to a screened-in porch & large deck area.Floating staircase upstairs leads to both bedrooms & baths.Master features an amazing bath w-oversized shower,tons of storage & screened-in porch w-tree house views.Drought tolerant landscaping w-focus on pollinator plantings,perfect for bees,butterflies & humming birds.

Investor Tools

$806,780

Estimated Property Value

$0Estimated Mortgage Balance

$356,390Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,841 /month

Positive

Cash Flow Estimate:

$1,614 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,282/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$11,352

$806,780

2025

$350,000

$456,780

$806,780

Tax History

Year

Tax Paid

Assessed Value

2024

$11,352

$806,780

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Caliber Home Loans Inc

Conventional

$504,900

First

Oct 30, 2020

Nov 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$450,390

$356,390

44%

56%

$3,028/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,650/mo

$3,028/mo

$-1,378/mo

2.5%

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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