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$650,000

1223 Heather St, Grapevine, TX, 76051

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,991 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$217.32 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters

Building Information

Garage Spaces2

About this property

Welcome to the heart of Grapevine! This 4-bedroom, 3 full bath home is full of character and ready for its next chapter. Some pics are AI generated to show room potential. Offering a spacious layout and a backyard designed for entertaining, this property is the perfect opportunity for buyers looking to add their own personal style and build equity. Inside you'll find a functional floor plan featuring generous living spaces ideal for gathering with family and friends. The kitchen offers plenty of cabinet storage and endless possibilities for updating to your taste. The spacious game room is perfect for movie nights, gaming and fun get togethers. Step outside to your private backyard retreat, complete with an inviting in-ground pool that's perfect for cooling off during those hot Texas summers. Whether you're hosting weekend barbecues or simply relaxing poolside, this outdoor space has incredible potential. Located in the highly desirable city of Grapevine, you'll enjoy convenient access to award-winning schools, Grapevine Lake, Historic Main Street, shopping, dining, DFW Airport, and major highways. Solar panels to be paid off by seller at closing. This home needs TLC, but with great bones, a sought-after location, and a backyard pool, it's an exceptional opportunity for investors, DIY enthusiasts, or anyone looking to create their dream home. Bring your vision and make this Grapevine gem shine! Check out the list of recent updates including pool, water heater, AC system and foundation repair.

Investor Tools

$0Estimated Mortgage Balance
$627,950Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

Interested in this property?

Kim Gardner

Keller Williams Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,026/month
No HOA
5.947%

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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