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$670,000

8911 Groveland Dr, Dallas, TX, 75218

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,099 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$345.4 / sqft
Year BuiltBuilt in 1938

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Oven, Gas Range, Microwave, Double Oven, Refrigerator
FlooringHardwood, Tile, Wood

Exterior

Exterior FeaturesPlayground
Lot Size8,309 sqft

Building Information

Year Built1938
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000369958000000
Lot Number3
SubdivisionLakeland Terrace
Land UseResidential
Legal DescriptionLAKELAND TERRACE BLK 14/5241 LOT 3 INT202400173081 DD08262024 CO-DC 5241 014 00300 3005241 014
Census Tract008102
Assessed Land Value$350,000
Assessed Improvement Value$306,660
Assessment Year2025

About this property

Beautifully updated Tudor style home located in Little Forest Hills. Just minutes away from White Rock Lake & the Arboretum! The charming curb appeal will have you begging to see the inside! Some of the many features include original hardwood floor, decorative lighting & custom built-ins. Downstairs features: a relaxing living room with a decorative fireplace & built in bookshelves, a bedroom, a full bathroom, spacious dining room, fully renovated kitchen with Café GE appliances, gas range, double oven, beautiful cabinetry & an added-on 2nd living area with ship lapped vaulted ceilings, a beam, natural light & views of the backyard. Upstairs features: the primary bedroom with a spacious walk-in closet, a 2nd full bathroom and 2 more beautiful, customized bedrooms. Backyard features: a large patio, playset, & a detached garage just waiting to be transformed into a home office, guest suite, you name it! ASK ABOUT 1% RATE BUYDOWN INCENTIVE!

Investor Tools

Property Icon
$670,000
Estimated Property Value
$634,500Estimated Mortgage Balance
$55,351Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,350 /month
Positive
Cash Flow Estimate:
$1,450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,014/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,812
$656,660
2025
$350,000
$306,660
$656,660
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,812
$656,660

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$634,500
No
First
Aug 26, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$614,649
$55,351
8%
92%
$3,805/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$3,805/mo
$-1,725/mo
3.7%

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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8911 Groveland Dr | Property Details | No Agent List