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Days41Days on Market
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$648,000

$658,000

1032 Steeplewood Drive, Grapevine, TX, 76051

On MarketInfo
Price DropInfo
Beds4 Beds
Baths2 Bath
Baths2,323 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$278.95 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Vented Exhaust Fan
FlooringLaminate, Wood

Exterior

Exterior FeaturesRain Gutters, Private Yard, Storage, Uncovered Courtyard, Garden
Lot Size12,136 sqft

Building Information

Year Built1987
Stories1
Garage Spaces2

Land Information

APN47309-6-29
Lot Number29
SubdivisionWinding Creek Estates Addn
Land UseResidential
Legal DescriptionWINDING CREEK ESTATES ADDN BLOCK 6 LOT 29
Census Tract113711
Assessed Land Value$208,950
Assessed Improvement Value$409,988
Assessment Year2025

About this property

WOW! Enjoy a reduced price for this fabulous, updated single-story home in Grapevine, showcasing delightful Craftsman details, including an exquisitely crafted mantel and an inviting front door. Upon entry, you are welcomed into a spacious great room, seamlessly integrating the living space, dining space, and kitchen. This residence boasts over $80,000 in renovations, which include retextured walls and ceilings, energy-efficient windows,refinished hardwood floors throughout. Additional enhancements include a new HVAC system, air ducts, attic insulation, solar light tubes, 6-inch rain gutters, an 8-foot privacy fence,hot water recirculation pump,bathrooms,new light fixtures and more. The kitchen has been thoughtfully updated with Quartzite countertops,backsplash, sink and garden window. A split bedroom arrangement with the primary suite offering a tray ceiling and views of one of the two outdoor patios. The updated primary bathroom includes a garden tub, a spacious separate shower, a dual-sink vanity, and two walk-in closets. A secondary living space or library features extra storage space and stunning wall of windows, flooding the area with natural light while offering peaceful views of the surrounding green space. As a delightful bonus, the breakfast nook opens directly onto a terrace, providing access to beautiful gardens and a greenhouse, perfect for year-round gardening.. Experience the calm of serene living in this inviting home, ideally situated near Grapevine Lake, historic Main Street, as well as various shops and restaurants. Additionally, a Murphy bed in the second bedroom will be included with the property.

Investor Tools

Property Icon
$668,000
Estimated Property Value
$0Estimated Mortgage Balance
$182,614Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,008 /month
Positive
Cash Flow Estimate:
$1,336 /month

Interested in this property?

Toni Mcmillon

Keller Williams Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$461/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,195
$618,938
2025
$208,950
$409,988
$618,938
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,195
$618,938

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$487,500
No
First
Mar 10, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$485,386
$182,614
27%
73%
$2,923/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,923/mo
$-343/mo
4.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Grapevine

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1032 Steeplewood Drive | Property Details | No Agent List