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$1,264,000

NAL Estimated Property Value

1861 Johnson Ct, Grapevine, TX, 76051

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,984 Sq Ft
price_per_sqft$299.95 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Gas Water Heater, Ice Maker, Microwave, Water Softener, Water Purifier, Wine Cooler
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesAwnings, Built In Barbecue, Barbecue, Outdoor Kitchen, Outdoor Living Area, Rain Gutters
Lot Size13,234 sqft

Building Information

Year Built2004
Stories2
Garage Spaces2

Land Information

APN21863-1-9
Lot Number9
SubdivisionJohnson Meadow
Land UseResidential
Legal DescriptionJOHNSON MEADOW BLOCK 1 LOT 9
Census Tract113707
Assessed Land Value$227,850
Assessed Improvement Value$726,150
Assessment Year2025

About this property

Impressive custom beauty where elegance and casual meet in perfect harmony for a comfortable lifestyle. Backyard resort with magnificent pool with grotto, waterfall, spa, pergola for relaxing, watching a movie or dining outdoors, dual sided fireplace, grill-bar area, artificial turf, rock landscaping, greenhouse with power&water and garden beds. Executive study and formal dining flank the foyer which opens to the great room with a stunning stone fireplace. Island kitchen with a walk-in pantry and nook complete with butler's pantry. Primary suite, two guest bedrooms and a flex room with endless uses are down. Upstairs offers media or game room with wet bar alcove, bath and 4th bedroom with ensuite and extended bonus roomlet. Oversized garage with tons of storage. Mere minutes from Grapevine Lake and located in Carroll ISD. So many extras, plantation shutters, solar light tubes, RO & water softener, custom cabinet pull-out drawers and more. No HOA. Recent roof, HVAC's, WH's & appliances.

Investor Tools

Property Icon
$1,264,000
Estimated Property Value
$429,587Estimated Mortgage Balance
$834,413Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,584 /month
Positive
Cash Flow Estimate:
$2,528 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,506/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,753
$954,000
2025
$227,850
$726,150
$954,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,753
$954,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$482,553
No
First
Sep 25, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$429,587
$834,413
66%
34%
$2,894/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,894/mo
$-314/mo
2.4%

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.

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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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1861 Johnson Ct | Property Details | No Agent List