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$750,000

124 Myrtle Crk, Grapevine, TX, 76051

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,047 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$246.14 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size7,780 sqft

Building Information

Year Built2002
Stories2
Garage Spaces2

Land Information

APN44724C-2-43
Lot Number43
SubdivisionVillas At Silver Lake Estates
Land UseResidential
Legal DescriptionVILLAS AT SILVER LAKE ESTATES BLOCK 2 LOT 43
Census Tract113714
Assessed Land Value$125,000
Assessed Improvement Value$475,000
Assessment Year2025

About this property

Welcome to this beautifully appointed Craftsman style home in the heart of Grapevine located in the highly sought after Villas at Silver Lake Estates, ideally situated on a spacious corner lot. Thoughtfully designed for both everyday living and entertaining, this 1.5 story home offers an ideal floor plan with nearly all of the living spaces conveniently located on the main level. A private home office and elegant formal dining room greet you upon entry, creating a warm and inviting first impression. At the heart of the home is a bright, open concept kitchen, featuring crisp white cabinetry, stainless steel appliances, and a oversized island that seamlessly connects to the breakfast area and spacious family room. Just off the breakfast area, is a versatile room which is perfect for a play area, reading retreat, hobby space, or simply a peaceful place to enjoy your morning coffee while overlooking the backyard. The private suite is thoughtfully separated from the secondary bedrooms, creating a quiet and relaxing retreat at the end of the day. Discover upstairs an impressive oversized game room with its own half bath, offering endless possibilities as a game room, media room, home gym or private teen retreat. Step outside and enjoy a beautifully landscaped backyard, perfect for relaxing or entertaining. The spacious side yard is an exceptional bonus, offering an additional parking pad ideal for a boat or RV, plus a convenient storage building. This location is hard to beat. Enjoy being minutes from Grapevines charming Main St, Lake Grapevine, parks, dining, shopping and entertainment, all while being located within the highly regarded Grapevine Colleyville ISD.

Investor Tools

$503,274Estimated Mortgage Balance
$267,422Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,602 /month
Positive
Cash Flow Estimate:
$1,534 /month

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Kellie Morgan

Real Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$516/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,353
$600,000
2025
$125,000
$475,000
$600,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,353
$600,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$544,000
No
First
May 5, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$503,274
$271,726
35%
66%
$3,262/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,762/mo
$-1,182/mo
4.0%

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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