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$441,000

NAL Estimated Property Value

1836 Chris Craft Drive, Grapevine, TX, 76051

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,618 Sq Ft
price_per_sqft$200.87 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Lot Size11,949 sqft

Building Information

Year Built1996
Stories1
Garage Spaces2

Land Information

APN38490--30
Lot Number30
SubdivisionShorecrest Acres Subdivision
Land UseResidential
Legal DescriptionSHORECREST ACRES SUBDIVISION LOT 30
Census Tract113716
Assessed Land Value$83,664
Assessed Improvement Value$237,336
Assessment Year2025

About this property

This beautiful piece of property is nestled in a wonderful picturesque setting.Turn right out of your driveway and go one block to Grapevine Lake-Katie's Woods Park-boat launch. Easy access to major highways and 5 minutes to DFW Airport. One mile radius of historic downtown Grapevine (home of many festivals, farmer’s market, etc), Gaylord Texan, Great Wolf Lodge, spectacular paved trails as well as off-trail biking and hiking around the lake. No HOA and no need for the kids to take the bus to award winning school (yes you’re that close!). Large bedrooms each with an ensuite bathroom. Sparkling clean and waiting for the right owner. Calling all outdoor adventurers, why not come home to a vacation every day?!

Investor Tools

Property Icon
$441,000
Estimated Property Value
$214,949Estimated Mortgage Balance
$226,051Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,646 /month
Positive
Cash Flow Estimate:
$882 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$309/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,501
$321,000
2025
$83,664
$237,336
$321,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,501
$321,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Zenith Home Loans
Conventional
$240,000
No
First
Dec 16, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$214,949
$226,051
51%
49%
$1,439/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,439/mo
+$1,141/mo
7.0%

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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1836 Chris Craft Drive | Property Details | No Agent List