Street View

B+

NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$1,050,000

NAL Estimated Property Value

1502 Thatcher Trl, Grapevine, TX, 76051

Off Market

5 Beds

5 Bath

4,308 Sq Ft

Single Family Residence

$243.73 / sqft

Built in 2001

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 5

Bathrooms Full 3

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Double Oven, Refrigerator

FlooringCeramic Tile, Wood

Exterior

Private Pool

Exterior FeaturesFire Pit, Rain Gutters

Lot Size14,667 sqft

Building Information

Year Built2001

Garage Spaces3

Land Information

APN41677-1-4R1A

Lot Number4R1A

SubdivisionThatcher Woods Addition

Land UseResidential

Legal DescriptionTHATCHER WOODS ADDITION BLOCK 1 LOT 4R1A

Census Tract113711

Assessed Land Value$90,000

Assessed Improvement Value$714,640

Assessment Year2025

About this property

STUNNING custom built home in the heart of Grapevine! NO HOA! Oversized cul-de-sac lot w 5 bedrooms & 4.5 bathrooms! As you enter you will find wood flooring throughout 1st & 2nd levels. In the kitchen you will find various updates including new appliances, double ovens, quartzite counters, & a reverse osmosis water system PLUS open floor plan to the living room. On the 1st level you will also find the primary suite which includes an attached space customized to fit your needs.. a private office, a home gym, a nursery, or a relaxing sitting room! On the 2nd level you will find a spacious bedroom or an in-law suite w a kitchenette & an ELEVATOR! Private backyard retreat w heated pool, spa & firepit area to keep warm on the cold nights! BONUS features are oversized back patio, private office, stylish formal room, & wine cellar. Home has rear entry 3 car garage w circle drvwy, porte-cochère, & drvwy w extra parking or to store boat or RV! Sprinkler & pool systems WiFi remote controlled!

Investor Tools

$1,050,000

Estimated Property Value

$0Estimated Mortgage Balance

$1,050,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$6,300 /month

Positive

Cash Flow Estimate:

$2,100 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$734/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,563

$804,640

2025

$90,000

$714,640

$804,640

Tax History

Year

Tax Paid

Assessed Value

2024

$3,563

$804,640

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$1,050,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,190/mo

N/A

+$3,190/mo

3.6%

Learn About the Market: Opportunity in Texas

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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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