For SaleRisky Deal117 days on market
2021 Gray Dr
2021 Gray Dr, Northlake, TX 76247, Northlake, TX 76247
$450,000
Estimate®:$440,100
Listing Price
2021 Gray Dr, Northlake, TX 76247
Loc: Northlake, TX
Days Listed
117
Estimate®
$440k
Market Rate
Lot Size
4,617 sqft
Rent Estimate
$3,133/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
6.2 mi away
8
Byron Nelson High School
9-12
5.2 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 traditionalbrick exteriortwo-storytwilight settingcurb appealshuttersgabled roofcozy ambianceprofessional landscapingwelcoming entrywaysuburbanwell-litresidential architecture
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.03%
Total ROI
46.5%
Cash Flow
$-823/mo
DSCR
0.65
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-823/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 |
|---|---|---|---|
| 2026-09-21 | Price change | $450,000 | $183 |
| 2026-07-06 | Price change | $475,000 | $194 |
| 2026-05-30 | Listed for sale | $499,000 | $203 |
| 2025-10-24 | Listing removed | $533,606 | $218 |
| 2025-10-04 | Listed for sale | $533,606 | $218 |
| 2025-09-09 | Listing removed | $533,606 | $218 |
| 2025-08-07 | Price change | $533,606 | $218 |
| 2025-08-03 | Price change | $539,064 | $220 |
| 2025-07-24 | Price change | $536,064 | $219 |
| 2025-07-10 | Price change | $535,814 | $218 |
| 2025-07-05 | Listed for sale | $534,814 | $218 |
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