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$556,000

NAL Estimated Property Value

1727 Parkwood Dr, Grapevine, TX, 76051

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,826 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$201.34 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Gas Water Heater, Microwave, Double Oven
FlooringCarpet, Ceramic Tile, Vinyl, Wood

Exterior

Exterior FeaturesAwning(s), Rain Gutters, Lighting, Private Yard
Lot Size9,405 sqft

Building Information

Year Built1992
Stories2
Garage Spaces2

Land Information

APN31805H-7-39
Lot Number39
SubdivisionParkwood Addition-Grapevine
Land UseResidential
Legal DescriptionPARKWOOD ADDITION-GRAPEVINE BLOCK 7 LOT 39
Census Tract113636
Assessed Land Value$108,000
Assessed Improvement Value$440,725
Assessment Year2025

About this property

** MARKET REFRESH ** We heard your feedback and made the improvements! Built by Centennial Homes, this light & bright 2-story has living areas downstairs, all sleeping rooms upstairs. Kitchen remodel 2019. Windows on sides and back replaced 2023. VERY GOOD BONES! First-floor living area can easily be framed into a dedicated office or gameroom. Large kitchen with ISLAND ELEC COOKTOP (down draft vent), 42-in cabinets, GRANITE COUNTERS, DOUBLE OVENS, walk-in pantry, updated 12x24 neutral tile floor. Breakfast nook service bar designed for entertaining, extra seating & versatile counter space. Den with Gas Log FP + built-in desk. Panoramic views of tropical backyard across the Den, Bfast Nook + Kitchen. GIANT PRIMARY SUITE takes up the entire north quadrant of the upstairs! Attached en-suite bath with deep garden tub, split shower + dual sinks. Secondary bedrooms have a ceiling fan + big closets. ** EV CAR CHARGER ** TROPICAL BACKYARD PARADISE! Seller max'd out the SMALL BACKYARD with a SYNTHETIC WOOD DECK (20+ year warranty remaining), CEDAR PERGOLA, directional lighting, drip lines in planters + seating area. Plenty of room for kids and dogs on each side of the deck. Mature shrubs and trees create a wall of privacy; you don't realize you're in the middle of the city sitting out back! HIDDEN GEM NEIGHBORHOOD protected by DFW Airport property, NO HOA. Easy walk to neighborhood pocket park + Bear Creek trail system + Parr Park. GC-ISD: Timberline Elem, Grapevine HS. Grapevine is the Christmas Capital of Texas with amazing amenities like Lake Grapevine, The REC, Main Street, Gaylord Texan, Great Wolf Lodge, trails, parks, retail centers & 200+ restaurants to choose from! Grapevine is not just another town, it's a lifestyle.

Investor Tools

Property Icon
$556,000
Estimated Property Value
$1,051,592Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,414 /month
Positive
Cash Flow Estimate:
$1,138 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$378/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,759
$548,725
2025
$108,000
$440,725
$548,725
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,759
$548,725

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$532,000
No
First
Sep 3, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,051,592
N/A
0%
189%
$6,380/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$6,380/mo
$-3,800/mo
5.6%

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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1727 Parkwood Dr | Property Details | No Agent List