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$399,000

1120 S Pine Street, Grapevine, TX, 75050

On MarketInfo
Beds3 Beds
Baths1 Bath
Baths968 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$412.19 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating GasHeating Gas
CoolingCooling
AppliancesNone
FlooringOther, Wood

Exterior

Lot Size6,701 sqft

Building Information

Year Built1942
Stories1
Roof Type105

Land Information

APN28167500050140000
Lot Number14
SubdivisionNorthaven
Land UseResidential
Legal DescriptionNORTHAVEN 2 BLK E LT 14 VOL97217/0170 DD103197 CO-DALLAS 1675000501400 22816750005
Census Tract015600
Assessed Land Value$45,000
Assessed Improvement Value$139,470
Assessment Year2025

About this property

Located just south of Historic Grapevine Main Street in the charming Bellaire neighborhood, this property offers an exceptional opportunity in one of Grapevine’s most desirable areas. The existing home sits on a beautiful lot where the true value is in the land, surrounded by mature trees and impressive newer construction. The property is being sold as-is and also offers a strong rental history, making it appealing for investors, builders, or buyers planning future new build. Residents enjoy the convenience of nearby shopping, dining, and year-round community events, all without Historic Preservation Commission restrictions. Ideally positioned on a quiet, tree-lined street on the north side of the neighborhood, the property is within walking distance of Bellaire Park, Peace Plaza, Harvest Hall, and Hotel Vin. The nearby train station also provides convenient access to DFW Airport, Dallas, and Fort Worth. Whether you’re planning a contemporary masterpiece or a timeless custom residence, this is a rare chance to create your dream home in the heart of Downtown Grapevine.

Investor Tools

$3,061Estimated Mortgage Balance
$183,939Estimated Equity
98% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

Interested in this property?

Barbara Pantuso

Keller Williams Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$168/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,077
$184,470
2025
$45,000
$139,470
$184,470
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,077
$184,470

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mtg Corp
Fha
$38,855
Yes
First
Oct 31, 1997
Nov 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$3,061
$183,939
98%
2%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
12.7%

Learn About the Market: Opportunity in Texas

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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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