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$503,000

1913 Redwood Trl, Grapevine, TX, 76051

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,828 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.53 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

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, Double Oven, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size9,635 sqft

Building Information

Year Built1978
Stories1
Garage Spaces2

Land Information

APN31625-4-3
Lot Number3
SubdivisionPark Place-Grapevine
Land UseResidential
Legal DescriptionPARK PLACE-GRAPEVINE BLOCK 4 LOT 3
Census Tract113711
Assessed Land Value$90,000
Assessed Improvement Value$402,329
Assessment Year2025

About this property

Beautifully maintained & updated home in the heart of Grapevine! Open floor plan features a spacious family room with wood-burning fireplace & dry bar, seamlessly connected to a breakfast nook & updated kitchen with double oven, microwave, pull-out pantry shelving, refrigerator & granite counter tops. Split floor plan includes a primary bedroom with his & her closets, duel sinks, sunken bathtub & separate shower. Wood-designed tile floors throughout the main living areas & hallways with recently-replaced carpet in all bedrooms. Additional updates include plumbing fixtures, lights & ceiling fans. Spacious back yard includes an open patio & workshop or storage area with electricity. Mature trees add to the setting in this quiet, established neighborhood just minutes from historic Downtown Grapevine & a variety of dining & shopping choices. Two championship public golf courses are within 10 minutes, plus easy access to Hwy 114 and DFW International Airport. Ready for immediate move-in!

Investor Tools

Property Icon
$503,000
Estimated Property Value
$0Estimated Mortgage Balance
$503,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,018 /month
Positive
Cash Flow Estimate:
$1,006 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$425/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,582
$492,329
2025
$90,000
$402,329
$492,329
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,582
$492,329

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$503,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
N/A
+$2,580/mo
6.2%

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.

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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1913 Redwood Trl | Property Details | No Agent List