For SaleRisky Deal63 days on market
2348 Gray Dr
2348 Gray Dr, Northlake, TX 76247, Northlake, TX 76247
$429,000
Listing Price
2348 Gray Dr, Northlake, TX 76247
Loc: Northlake, TX
Days Listed
63
Tax Assessed
$545k
Lot Size
6,316 sqft
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 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
modern farmhousegourmet kitchenkitchen islandnavy blue cabinetryquartz countertopsopen conceptpendant lightingunder-cabinet lightingstovetop rangewicker bar stoolsluxury interiorspaciouslight wood flooringcontemporary
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.50%
Total ROI
56.7%
Cash Flow
$-616/mo
DSCR
0.72
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-616/mo net cash flow with a 4.5% 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 |
|---|---|---|---|
| 2026-09-09 | Price change | $429,000 | $217 |
| 2026-08-06 | Price change | $440,000 | $223 |
| 2026-07-23 | Listed for sale | $460,000 | $233 |
| 2026-07-21 | Listing removed | $475,000 | $241 |
| 2026-06-04 | Listed for sale | $475,000 | $241 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $10,551.07 | $510,300 |
| 2024 | $10,037.93 | $463,909 |
| 2023 | $10,705.86 | $453,644 |
| 2022 | $1,247.12 | $66,320 |
| 2021 | $356.18 | $55,267 |
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