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$504,000

NAL Estimated Property Value

1739 Parkwood Dr, Grapevine, TX, 76051

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,157 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.27 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

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

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size9,287 sqft

Building Information

Year Built1993
Stories1
Garage Spaces2

Land Information

APN31805H-7-33
Lot Number33
SubdivisionParkwood Addition-Grapevine
Land UseResidential
Legal DescriptionPARKWOOD ADDITION-GRAPEVINE BLOCK 7 LOT 33
Census Tract113636
Assessed Land Value$106,600
Assessed Improvement Value$371,299
Assessment Year2025

About this property

Large 1-story tucked away in Grapevine's best kept secret neighborhood surrounded by protected DFW Airport property! Formals + 3 Beds + Study + 2-car Garage + Fenced Yard. Solid house with VERY GOOD BONES! Walnut-color Engineered Wood hardfloors in Formals + Den + Study. Tile in wet areas. Versatile front formals can be anything - dining, office, piano, etc. OPEN KITCHEN has SS elec-range + microwave + views across back of the house. TV niche in Den holds up to 75-inch TV and built-in cabinet has been freshly painted! Dedicated study tucked away past the utility room is the perfect HOME OFFICE! Large primary suite with windows facing east for morning sun! HUGE WALK-IN CLOSET with built-ins. Clean updated carpet in 3 bedrooms + ceiling fans + large closets. Low-maint yard + sprinkler sys, owner uses the same company to service all of her homes, $40 week during growing months (negotiable). Front door faces west, house backs to a creek. Quiet mature neighborhood with tree lined streets. Right at 0.1 mile distance to the neighborhood pocket park. Bear Creek Trail system is 0.3 miles, Parr Park is 10 min walk from neighborhood access. Located close to Hwy's 114-121-183-360 + DFW Airport is 5 min away. GC-ISD, all schools within 5 min drive. Grapevine is the CHRISTMAS CAPITAL OF TEXAS with too many amenities to list: Grapevine Lake, Gaylord Texan, Great Wolf Lodge, Grapevine Mills Mall, shopping & dining in all directions. Tenant pays utilities + yard maint ($40-wk during growing months) + Renters Ins. LEASE APP PROCESS: See Trans Desk: TAR App + supporting docs + signed instructions doc + pics of pets (if applicable). Once reviewed, link to TransUnion SmartMove link will be emailed to all applicants over 18 yrs old. Tenant pays $43 app fee directly to TransUnion. Listing agent writes the lease. $195 admin fee due at time of lease signing and due with security deposit funds. Local owners self-manage the property. BRING YOUR OWN FRIDGE, WASHER & DRYER.

Investor Tools

Property Icon
$504,000
Estimated Property Value
$0Estimated Mortgage Balance
$504,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,024 /month
Positive
Cash Flow Estimate:
$1,008 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$301/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,090
$477,899
2025
$106,600
$371,299
$477,899
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,090
$477,899

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$504,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,190/mo
N/A
+$3,190/mo
7.6%

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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1739 Parkwood Dr | Property Details | No Agent List