OFF_MARKETRisky Deal0 days on market

2437 Gramercy Park Dr

2437 Gramercy Park Dr, Flower Mound, TX 75028, Flower Mound, TX 75028
$515,000
Zestimate®:$489,500

Listing Price

Property image 1
2437 Gramercy Park Dr, Flower Mound, TX 75028
Loc: Flower Mound, TX
Days Listed
0
Tax Assessed
$474k
Zestimate®
$490k
Market Rate
Lot Size
2,047 sqft
Rent Estimate
$3,144/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

9

Flower Mound Elementary School

PK-5
0.6 mi away
10

Clayton Downing Middle School

6-8
2.1 mi away
8

Marcus High School

9-12
1.3 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
3.38%
Total ROI
32.4%
Cash Flow
$-1,220/mo
DSCR
0.54
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-04-10Sold$0
2026-03-20Pending sale$515,000$232
2026-03-12Contingent$515,000$232
2026-03-04Listed for sale$515,000$232
2026-01-21Listing removed$515,000$232
2026-01-11Price change$515,000$232
2025-10-24Listed for sale$530,000$239
2023-12-22Listing removed$0
2023-12-11Listed for rent$3,100$1

Tax History

YearProperty TaxTax Assessment
2025$9,396.63$474,000
2024$7,541.86$443,000
2023$7,664.4$447,700
2022$8,264.54$407,000
2021$7,623.35$374,073
2020$9,029.42$375,568
2019$7,997.29$304,615
2018$4,052$102,366
2017$0$53,230
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
3
Sq Ft
2,221
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $515,000Rent Basis: Observed Comp Model ($3,144/mo)State Tax Benchmark: 1.8% (TX)Hazard Reserve: $258/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
3.38%

NOI: $17,423/yr

Cash-on-Cash Yield
-12.4%

On $118,450 invested

DSCR Ratio
0.54x

Negative debt coverage

5-Yr Leveraged ROI
+32.4%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (1.8% of basis)-$711/mo
Homeowner / Hazard Insurance-$258/mo
Vacancy Reserve (5% of rent)-$157/mo
Repairs & Maintenance (10% of rent)-$314/mo
Property Management (8% of rent)-$252/mo
Total Pure Operating Expenses-$1,692/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,144/mo
Less: Operating Expenses-$1,692/mo
Net Operating Income (NOI)+$1,452/mo
Less: Debt Service (30yr @ 6.75%)-$2,672/mo
Net Cash Flow
$-1,220/mo
$-14,644/year
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