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$350,000

1232 Valley Vista Dr, Grapevine, TX, 76051

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,346 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$260.03 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater
FlooringBrick, Hardwood, Laminate

Exterior

Exterior FeaturesStorage
Lot Size8,546 sqft

Building Information

Year Built1957
Stories1
Garage Spaces1

Land Information

APN2135-6-16
Lot Number16
SubdivisionBellaire Addition-Grapevine
Land UseResidential
Legal DescriptionBELLAIRE ADDITION-GRAPEVINE BLOCK 6 LOT 16
Census Tract113712
Assessed Land Value$59,829
Assessed Improvement Value$208,535
Assessment Year2025

About this property

***OPEN HOUSE this Sunday, Aug 30 from 2:00-4:00 pm*** Located two blocks from Grapevine's Historic Main Street with access to the train station for a quick ride to DFW Airport! Quiet neighborhood and highly sought after location close to all freeways for an easy commute to anywhere in Dallas or Fort Worth. Enjoy Grapevine Lake, Main Street festivals, Botanic Gardens, restaurants and nightlife, plus an easy drive to Southlake attractions. Lots of original hardwood, wood laminate and some brick floors add to the vintage feel of this classic home. Garage has been half converted into storage at front and bonus room, office and utility room.The home is 100% livable but also an excellent opportunity to bring your creative ideas to make it a modern dream home.

Investor Tools

$0Estimated Mortgage Balance
$449,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,694 /month
Positive
Cash Flow Estimate:
$898 /month

Interested in this property?

Mike Ziober

BHHS Premier Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$538/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,211
$268,364
2025
$59,829
$208,535
$268,364
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,211
$268,364

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$449,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
N/A
+$2,580/mo
6.9%

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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