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Owner Contacts

$855,000

NAL Estimated Property Value

962 Forest Grove Dr, Dallas, TX, 75218

$925,901 ARV

Off Market

4 Beds

4 Bath

3,272 Sq Ft

$206.27 / sqft

Built in 1962

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Microwave, Tankless Water Heater

FlooringCarpet, Ceramic Tile, Linoleum

Exterior

Exterior FeaturesBasketball Court

Lot Size13,800 sqft

Building Information

Year Built1962

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000391162000000

Lot Number15

SubdivisionEastwood

Land UseResidential

Legal DescriptionEASTWOOD ESTS LOT 15 FOREST GROVE DR INT202200101053 DD04082022 CO-DC 5378 000 01500 3005378 000

Census Tract008200

Assessed Land Value$281,250

Assessed Improvement Value$501,080

Assessment Year2025

About this property

OFFERS RECEVIED. Contact agent for details. Large Dallas home in established neighborhood on a huge lot! This home has great bones and is just wait for a new owner to update it to it's full potential. The oversized lot is beautifully landscaped and well taken care of. The large backyard is great for relaxing on a hot summer day or hosting a huge gathering of friends and family. Home does have newer HVAC installed and a tankless hot water heater. If you're looking for a large home to live in or one to update you're not going to want to miss this one. Also, don't miss the hidden game room just off the garage!

Investor Tools

$855,000

Estimated Property Value

$597,654Estimated Mortgage Balance

$257,346Estimated Equity

30% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$925,901

Rent-to-Value Ratio: 0.72%

Rent Estimate

$5,130 /month

Positive

Cash Flow Estimate:

$1,710 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,465/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$13,306

$782,330

2025

$281,250

$501,080

$782,330

Tax History

Year

Tax Paid

Assessed Value

2024

$13,306

$782,330

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Fairway Independent Mortgage Corp

Conventional

$647,200

First

Apr 8, 2022

May 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$597,654

$257,346

30%

70%

$3,881/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,710/mo

$3,881/mo

$-1,171/mo

3.8%

Learn About the Market: Opportunity in Dallas

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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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