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B+
NoAgentList RatingHow are grades calculated? Info

$491,000

1314 Worthington St, Grapevine, TX, 76051

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,345 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$371.75 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave
FlooringWood

Exterior

Lot Size10,855 sqft

Building Information

Year Built1940
Garage Spaces2

Land Information

APN10133K-1-8R
Lot Number8R
SubdivisionDove Pointe
Land UseResidential
Legal DescriptionDOVE POINTE BLOCK 1 LOT 8R PER PLAT D214062868
Census Tract113714
Assessed Land Value$183,424
Assessed Improvement Value$160,787
Assessment Year2025

About this property

Originally constructed in 1940, this historic home was relocated to its current serene, wooded setting when Grapevine Lake was created. Blending vintage charm with modern updates, it features original hardwood floors, an updated kitchen and bathrooms, and newer windows. The home offers two spacious bedrooms, two full baths, and large closets. In addition to the main living spaces, there's a dedicated office and a separate storage room—the office has previously been used as a small third bedroom, providing flexible use of space. Outside, you'll find a two-car garage, a two-car carport, and a small studio or workshop, perfect for art, hobbies, or extra storage. A truly unique property with versatile spaces to fit your lifestyle.

Investor Tools

Property Icon
$491,000
Estimated Property Value
$489,095Estimated Mortgage Balance
$3,316Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$358/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,845
$344,211
2025
$183,424
$160,787
$344,211
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,845
$344,211

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Fha
$489,095
Yes
First
Mar 13, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$487,684
$3,316
0%
99%
$2,933/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,933/mo
$-353/mo
6.3%

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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1314 Worthington St | Property Details | No Agent List