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$420,000

2117 Wedgewood Dr, Grapevine, TX, 76051

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,717 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$244.61 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Vented Exhaust Fan
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size7,545 sqft

Building Information

Year Built1988
Stories1
Garage Spaces2

Land Information

APN42402H-2-12
Lot Number12
SubdivisionTown Park Addition
Land UseResidential
Legal DescriptionTOWN PARK ADDITION BLOCK 2 LOT 12
Census Tract113635
Assessed Land Value$86,600
Assessed Improvement Value$297,115
Assessment Year2025

About this property

Charming single-story home situated in the heart of vibrant Grapevine, Texas. An open floor plan featuring a formal dining area or adaptable space to suit your needs. The bedroom layout has a split arrangement, with the primary bedroom situated at the rear of the home. The living room includes a brick fireplace with an open side, allowing for visibility from both the breakfast nook and the dining room, creating an inviting atmosphere for all to enjoy. Open and bright kitchen with white cabinets and granite countertops. Private primary bedroom with ensuite bathroom includes separate shower, jetted tub, two sink vanity and walk-in closet. Updates include roof, exterior paint, interior paint, popcorn ceiling removal, mirrors, faucets and hardware. A spacious yard awaits your personal gardening creativity. Buyers and their representation to verify school and measuerments.

Investor Tools

Property Icon
$414,000
Estimated Property Value
$396,625Estimated Mortgage Balance
$24,954Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,520 /month
Positive
Cash Flow Estimate:
$840 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$327/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,851
$383,715
2025
$86,600
$297,115
$383,715
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,851
$383,715

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gardner Financial Services Ltd
Conventional
$396,625
No
First
Apr 24, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$389,046
$24,954
6%
94%
$2,378/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,378/mo
+$202/mo
7.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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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2117 Wedgewood Dr | Property Details | No Agent List