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$663,000

1218 Chelsea St, Grapevine, TX, 76051

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,676 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$247.76 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Gas Water Heater, Microwave
FlooringCeramic Tile, Hardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Private Yard, Storage
Lot Size12,698 sqft

Building Information

Year Built1984
Stories1
Garage Spaces2

Land Information

APN27285-2-10R
Lot Number10R
SubdivisionMc Clelland Addition-Gpv
Land UseResidential
Legal DescriptionMC CLELLAND ADDITION-GPV BLOCK 2 LOT 10R
Census Tract113712
Assessed Land Value$88,886
Assessed Improvement Value$566,065
Assessment Year2025

About this property

Nestled in an exclusive community, this property offers unparalleled elegance. A meticulously updated open floor plan seamlessly connects three bedrooms, showcasing a stunning master and ensuite, along with updated guest and half baths. Double and triple stack moldings adorn the interiors, highlighting custom features that elevate the home's charm. Step into luxury outdoors with a pebble tech pool and spa, complemented by a wood deck hosting several conversation areas. This beautiful one-story residence boasts high-end amenities, including wood flooring throughout. A dedicated study with amazing built-ins adds a touch of sophistication. Enjoy the convenience of top-tier schools, and immerse yourself in the festive atmosphere as Grapevine proudly holds the title of the Christmas Capital of Texas. Experience the perfect blend of style, functionality, and seasonal joy in this exceptional home.

Investor Tools

Property Icon
$672,000
Estimated Property Value
$0Estimated Mortgage Balance
$672,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,032 /month
Positive
Cash Flow Estimate:
$1,344 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$502/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,667
$654,951
2025
$88,886
$566,065
$654,951
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,667
$654,951

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$672,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,950/mo
N/A
+$1,950/mo
3.5%

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.

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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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1218 Chelsea St | Property Details | No Agent List