$494,518
NAL Estimated Property Value2150 Wedgewood Drive, Grapevine, TX, 76051
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Double Oven
FlooringCeramic Tile, Wood
Exterior
Lot Size6,983 sqft
Building Information
Year Built1988
Stories2
Garage Spaces2
Land Information
APN42402H-1-9
Lot Number9
SubdivisionTown Park Addition
Land UseResidential
Legal DescriptionTOWN PARK ADDITION BLOCK 1 LOT 9
Census Tract113635
Assessed Land Value$80,200
Assessed Improvement Value$414,318
Assessment Year2025
About this property
Awesome updated 3 bedroom with 2.5 baths and nice bonus room upstairs! Hardwood flooring throughout, freshly painted, granite in kitchen and all bathrooms nicely updated! HVAC unit replaced 2 years ago and water heater replaced 3 years ago. Enjoy the large family room space and dining area making it a great house for entertaining! Master bedroom is down with 2 bedrooms upstairs. Private backyard pool area! Easy access to major highways, close to parks, schools and shopping!
Investor Tools
$494,518
Estimated Property Value
$278,540Estimated Mortgage Balance
$215,978Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,967 /month
Positive
Cash Flow Estimate:
$989 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$351/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,734
$494,518
2025
$80,200
$414,318
$494,518
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,734
$494,518
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Conventional
$320,150
No
First
Oct 24, 2019
Nov 2049
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$278,540
$215,978
43%
56%
$1,920/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,920/mo
+$660/mo
6.3%
