For SaleRisky Deal16 days on market
2340 Gray Dr
2340 Gray Dr, Northlake, TX 76247, Northlake, TX 76247
$340,000
Estimate®:$334,300
Listing Price
2340 Gray Dr, Northlake, TX 76247
Loc: Northlake, TX
Days Listed
16
Tax Assessed
$475k
Estimate®
$334k
Market Rate
Lot Size
4,661 sqft
Rent Estimate
$2,610/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.
8
Johnie R Daniel Elementary School
PK-5
0.5 mi away
7
Gene Pike Middle School
6-8
6.1 mi away
8
Byron Nelson High School
9-12
5.3 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
traditionalbrick exteriorsingle-storylandscapedshuttered windowscurb appealresidentialsuburbanstone retaining wallwalkwaygabled roofwell-maintainedcozy
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.98%
Total ROI
45.3%
Cash Flow
$-637/mo
DSCR
0.64
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-637/mo net cash flow with a 4.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Northlake, TX
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-23 | Price change | $340,000 | $211 |
| 2026-09-16 | Price change | $343,000 | $213 |
| 2026-09-08 | Listed for sale | $350,000 | $217 |
| 2025-06-09 | Listing removed | $2,600 | $2 |
| 2025-05-28 | Listed for rent | $2,600 | $2 |
| 2025-04-29 | Listing removed | $424,000 | $263 |
| 2025-04-08 | Price change | $424,000 | $263 |
| 2025-02-28 | Price change | $425,000 | $264 |
| 2025-02-20 | Listed for sale | $439,000 | $273 |
| 2022-11-10 | Sold | $0 | – |
| 2022-10-27 | Pending sale | $466,324 | $289 |
| 2022-10-07 | Listed for sale | $466,324 | $289 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $11,309.29 | $465,395 |
| 2024 | $9,562.97 | $387,829 |
| 2023 | $9,683.19 | $410,310 |
| 2022 | $920.31 | $48,940 |
| 2021 | $356.18 | $40,783 |
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