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$1,061,000

NAL Estimated Property Value

2121 Forest Hills Rd, Grapevine, TX, 76051

$1,379,300 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths5,929 Sq Ft
price_per_sqft$282.51 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBarbecue, Built-in Barbecue, Courtyard, Gas Grill, Rain Gutters, Lighting, Outdoor Grill, Outdoor Kitchen, Private Yard, Storage
Lot Size1.05 acres

Building Information

Year Built1971
Stories1
Garage Spaces3

Land Information

APN33810-12-8R
Lot Number8R
SubdivisionReed Addition
Land UseResidential
Legal DescriptionREED ADDITION BLOCK 12 LOT 8R
Census Tract113707
Assessed Land Value$191,906
Assessed Improvement Value$808,094
Assessment Year2025

About this property

Welcome to this exquisite estate just a quarter mile from Lake Grapevine and minutes from the charm of Historic Downtown Grapevine. Thoughtfully redesigned for modern living and effortless entertaining, this 4 bedroom, 3.5 bathroom home with 3 car garage offers unmatched comfort inside and out. Inside a seamless blend of modern finishes and classic touches create an inviting ambiance, perfect for both everyday living and unforgettable entertaining. The expansive rooms have curated details at every turn. The primary suite is a true sanctuary, complete with a spa inspired bath and custom closets offering elegant organization. The open living spaces are enhanced by an abundance of windows in every room and complimented by a seamless Sonos sound system inside and out, including 10 mounted TVs installed by Starpower, with multiple zones designed for entertaining and immersive entertainment. The backyard shines with outdoor spaces that are nothing short of resort-inspired. A newly installed custom pool and spa with tanning ledge and table seating create a private oasis, enhanced by a fully equipped summer kitchen and multiple lounge areas ideal for al fresco dining. Adding to the estate's exceptional versatility is a charming climate controlled she shed and the detached climate-controlled building with full electric, perfect for, a private office, gym or workshop. A standout whole-home Generac generator installed in 2023 offers peace of mind year-round, along with updated electric and plumbing. Updated sprinkler system and landscaping, with a picturesque front courtyard with turf, provide an enchanting welcome and striking curb appeal. Set in one of North Texas’ most desirable locations, with quick access to DFW Airport, scenic walking trails, and vibrant local attractions, this estate offers a lifestyle of luxury, comfort, and everyday indulgence. This is more than a home, it's a destination.

Investor Tools

Property Icon
$1,061,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,061,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$1,379,300
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,050 /month
Positive
Cash Flow Estimate:
$3,350 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$776/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,009
$1,000,000
2025
$191,906
$808,094
$1,000,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,009
$1,000,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,061,000
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
3.6%

City: Grapevine

2121 Forest Hills Rd | Property Details | No Agent List