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$440,000

NAL Estimated Property Value

1023 N Lucas Drive, Grapevine, TX, 76051

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,664 Sq Ft
price_per_sqft$264.42 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range, Microwave, Double Oven
FlooringBrick

Exterior

Lot Size9,043 sqft

Building Information

Year Built1969
Stories1
Garage Spaces2

Land Information

APN3810-D-14
Lot Number14
SubdivisionBrookhollow Estates
Land UseResidential
Legal DescriptionBROOKHOLLOW ESTATES BLOCK D LOT 14
Census Tract113714
Assessed Land Value$85,000
Assessed Improvement Value$280,000
Assessment Year2025

About this property

Welcome to 1023 N Lucas Drive, a charming home ideally located in the heart of Grapevine, one of the most sought-after communities in the Metroplex, offering the perfect blend of comfort, character, and convenience, just minutes from historic Main Street, local wineries, and Grapevine Lake. Step inside to discover a warm, welcoming interior with a functional layout designed for everyday living, with thoughtful details throughout that create a space ready for your personal touch. The living area is filled with natural light and provides a cozy space to relax or gather for any occasion. The kitchen offers ample cabinet storage and workspace, making meal preparation efficient. The bedrooms are well-sized and versatile, providing comfortable accommodations for guests or a home office. Outside, enjoy a spacious backyard with plenty of room for entertaining, gardening, or simply unwinding after a long day. Whether hosting weekend get-togethers or enjoying quiet evenings, you'll enjoy all the space has to offer. Located with convenient access to DFW Airport, major highways, nearby shopping, exquisite dining, and top-rated schools, this home offers both tranquility and accessibility. Don’t miss the opportunity to own a home in this prime Grapevine location—schedule your showing today!

Investor Tools

Property Icon
$440,000
Estimated Property Value
$0Estimated Mortgage Balance
$440,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,640 /month
Positive
Cash Flow Estimate:
$880 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$302/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,430
$365,000
2025
$85,000
$280,000
$365,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,430
$365,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$440,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
N/A
+$2,580/mo
7.0%

City: Grapevine

1023 N Lucas Drive | Property Details | No Agent List