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$499,000

1320 Mockingbird Dr, Grapevine, TX, 76051

$543,436 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,442 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$204.34 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Tile

Exterior

Lot Size11,186 sqft

Building Information

Year Built1978
Stories2
Garage Spaces2

Land Information

APN36815-2-19
Lot Number19
SubdivisionRusswood Estates
Land UseResidential
Legal DescriptionRUSSWOOD ESTATES BLOCK 2 LOT 19
Census Tract113714
Assessed Land Value$100,000
Assessed Improvement Value$488,724
Assessment Year2025

About this property

Welcome to this contemporary gem nestled on a serene wooded lot near Grapevine Lake, located in the highly sought-after Grapevine-Colleyville ISD. This inviting home features a spacious living area with a cozy fireplace, perfect for relaxing or entertaining. The kitchen is equipped with granite countertops, stainless steel appliances, and ample cabinet space. The primary bedroom, conveniently located on the main floor, offers a peaceful retreat with easy access to the main living areas, while the second floor boasts two additional bedrooms and a full bathroom. Step outside to enjoy the tranquil backyard, complete with mature trees providing shade and privacy, and a stunning split-level deck ideal for gatherings or quiet evenings outdoors. Whether you're hosting a BBQ or simply enjoying the natural surroundings, this outdoor space is sure to impress.

Investor Tools

Property Icon
$588,724
Estimated Property Value
$484,030Estimated Mortgage Balance
$0Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$543,436
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,532 /month
Positive
Cash Flow Estimate:
$1,177 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$407/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,944
$588,724
2025
$100,000
$488,724
$588,724
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,944
$588,724

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ixonia Bank
Conventional
$484,030
No
First
Jan 7, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$945,178
N/A
0%
161%
$5,806/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,190/mo
$5,806/mo
$-2,616/mo
6.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1320 Mockingbird Dr | Property Details | No Agent List