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$503,000

NAL Estimated Property Value

1226 Circle View Court, Grapevine, TX, 76051

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,993 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$160.56 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesTrash Compactor, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCeramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size10,023 sqft

Building Information

Year Built1985
Stories1
Garage Spaces2

Land Information

APN14218-1-12
Lot Number12
SubdivisionForest Lake Addn-Grapevine
Land UseResidential
Legal DescriptionFOREST LAKE ADDN-GRAPEVINE BLOCK 1 LOT 12
Census Tract113714
Assessed Land Value$85,000
Assessed Improvement Value$387,176
Assessment Year2025

About this property

A nature lover’s paradise, quiet cul-de-sac home sits on a heavily treed .23 acre creek lot. Expansive wooden deck and covered patio perfect for relaxing and entertaining with multiple vantage points for taking in the serenity and views. Double-sided fireplace is a striking focal point for dining room and sunken living area, complete with wet bar and mini fridge. Vaulted ceilings and large windows throughout. Master suite has walk in closet, soaking tub, dual sinks, and French doors that lead to the backyard. Two bedrooms, guest bath with double sinks, and bonus room with French doors leading to covered patio complete this easy living home. Conveniently located and minutes to Historic Downtown Grapevine.

Investor Tools

Property Icon
$503,000
Estimated Property Value
$290,198Estimated Mortgage Balance
$212,802Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,018 /month
Positive
Cash Flow Estimate:
$1,006 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$355/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,748
$472,176
2025
$85,000
$387,176
$472,176
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,748
$472,176

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$317,187
No
First
Nov 4, 2021
Dec 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$290,198
$212,802
42%
58%
$1,902/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,902/mo
+$678/mo
6.2%

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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