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$430,000

1302 Bellaire Dr, Grapevine, TX, 76051

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,118 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$203.02 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Vented Exhaust Fan
FlooringCarpet, Vinyl

Exterior

Lot Size13,416 sqft

Building Information

Year Built1955
Stories1
Garage Spaces2

Land Information

APN2135-8-16-30
Lot Number16
SubdivisionBellaire Addition-Grapevine
Land UseResidential
Legal DescriptionBELLAIRE ADDITION-GRAPEVINE BLOCK 8 LOT 16 16-S1/2 17 BLK 8
Census Tract113712
Assessed Land Value$93,095
Assessed Improvement Value$371,905
Assessment Year2025

About this property

Location, location, location! The Bellaire neighborhood is the closest neighborhood South of Historic Main Street & is a value in comparison to the Historic District neighborhoods, yet still close enough to enjoy a short walk, car, or bike ride to all the activities it has to offer. Nestled on a peaceful tree lined street, this classic mid century ranch has tons of curb appeal with towering mature trees, a welcoming front porch & a large, private backyard. It is unique to find a home with over 2100 sq ft of living space without a garage conversion in the neighborhood. Upon arrival inside you are greeted with spacious Living & Dining areas, along with a bonus room. Bedrooms are generously sized & conveniently located together. The current owners have plans for a full renovation of the home & are getting relocated to another city for work. Priced accordingly for you to create a special place of your own on a one level floorplan. Being sold in as-is condition. Your dream home awaits you!

Investor Tools

Property Icon
$473,000
Estimated Property Value
$50,000Estimated Mortgage Balance
$425,831Estimated Equity
89% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,838 /month
Positive
Cash Flow Estimate:
$946 /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
$1,893
$465,000
2025
$93,095
$371,905
$465,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,893
$465,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Airlines Fcu
Credit Line (Revolving) / Heloc
$50,000
No
First
Apr 4, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$47,169
$425,831
90%
10%
$300/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$300/mo
+$2,280/mo
6.5%

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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1302 Bellaire Dr | Property Details | No Agent List