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$436,000

1223 Laurel Ln, Grapevine, TX, 76051

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,536 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$279.3 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range

Exterior

Lot Size9,618 sqft

Building Information

Year Built1989
Stories2
Garage Spaces2

Land Information

APN10132-5-15
Lot Number15
SubdivisionDove Landing Addition
Land UseResidential
Legal DescriptionDOVE LANDING ADDITION BLOCK 5 LOT 15
Census Tract113710
Assessed Land Value$75,000
Assessed Improvement Value$305,783
Assessment Year2025

About this property

Welcome to 1223 Laurel Lane in Grapevine! This charming 3-bedroom, 2-bath home offers 1,536 sq. ft. of thoughtfully designed living space. The open-concept layout seamlessly connects the living, dining, and kitchen areas, perfect for entertaining or family gatherings. The spacious primary suite includes an ensuite bath with a modern walk-in shower, while two additional bedrooms share a well-appointed second bathroom. Recent updates include fresh paint, a new HVAC system, and a new garage door. Situated on a 0.22-acre lot, the home features a large backyard ideal for relaxation or play. Located in the desirable Dove Landing community, it’s just minutes from Grapevine Lake, scenic parks, Main Street, shopping, and dining. With top-rated schools nearby, this home offers comfort, convenience, and an exceptional lifestyle.

Investor Tools

Property Icon
$436,000
Estimated Property Value
$386,650Estimated Mortgage Balance
$67,511Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,616 /month
Positive
Cash Flow Estimate:
$872 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$323/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,693
$380,783
2025
$75,000
$305,783
$380,783
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,693
$380,783

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Luminate Home Loans Inc
Fha
$386,650
Yes
First
Oct 30, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$368,489
$67,511
15%
85%
$2,319/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,319/mo
+$261/mo
7.1%

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.

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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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1223 Laurel Ln | Property Details | No Agent List