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$1,130,855

NAL Estimated Property Value

1216 Worthington Street, Grapevine, TX, 76051

Off MarketInfo
Beds6 Beds
Baths4 Bath
Baths3,849 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$215.64 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms 4Bathrooms 4
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Hardwood, Wood

Exterior

Lot Size24,250 sqft

Building Information

Year Built2016
Garage Spaces3

Land Information

APN24420-7-9R1
Lot Number9R1
SubdivisionLucas, W C Addition
Land UseResidential
Legal DescriptionLUCAS, W C ADDITION BLOCK 7 LOT 9R1
Census Tract113714
Assessed Land Value$237,012
Assessed Improvement Value$893,843
Assessment Year2025

About this property

Excellent for INCOME PRODUCING as well as personal home! This unique property has 1 wing designated for what was used as a recording studio with it's own parking, entrance, full bath, kitchenette and 2 large rooms that can serve as bedrooms. These 2 rooms were built specifically for sound and acoustic effects, so would be very quiet from the rest of the house. There is office space behind the barn door from the kitchen that leads to the studio wing. Installation of a solid door between the office and studio would allow the ultimate setup for rental capability. This house is only 1 mile away from downtown Grapevine and very near the lake. The main living and hallways of the house offer beautiful white oak hardwoods. You will notice the very open living dining kitchen combination that steps out to a large covered patio. The other 4 bedrooms are tucked back in the other wing of the house with an additional CENTRAL living, den or game room. Also includes dog wash in garage!

Investor Tools

Property Icon
$1,130,855
Estimated Property Value
$0Estimated Mortgage Balance
$1,130,855Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,785 /month
Positive
Cash Flow Estimate:
$2,262 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$822/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,209
$1,130,855
2025
$237,012
$893,843
$1,130,855
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,209
$1,130,855

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,130,855
100%
0%
$0/mo

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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1216 Worthington Street | Property Details | No Agent List