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$463,000

NAL Estimated Property Value

2217 Sierra Dr, Grapevine, TX, 76051

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,414 Sq Ft
price_per_sqft$338.76 / sqft
Year BuiltBuilt in 1978

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
FlooringCarpet, Ceramic Tile, Combination, Wood

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size7,148 sqft

Building Information

Year Built1978
Stories1
Garage Spaces2

Land Information

APN23045-4-3
Lot Number3
SubdivisionLa Paloma Estates Addition
Land UseResidential
Legal DescriptionLA PALOMA ESTATES ADDITION BLOCK 4 LOT 3
Census Tract113710
Assessed Land Value$75,000
Assessed Improvement Value$286,331
Assessment Year2025

About this property

(first buyer had multiple offers and was accepted on a home they liked better., inspections was cancelled, no inspection was done....)Perfect Home in the perfect neighborhood. This lovely 3-bedroom, 2-bathroom home located in the northside of Grapevine is close to trails and Lake Grapevine, minutes from Historic Downtown and all Grapevine has to offer. Step inside and be greeted by a bright and airy living room with a cozy fireplace, opening to the dining room and kitchen with bartop seating. Offering split bedrooms, The master retreat is calming and relaxing, while the two additional bedrooms offer a bath with dual sinks. Outside is a spectacular covered outdoor living and dining space. Stunning beamed wood ceiling and large fireplace make it ideal for any season.

Investor Tools

Property Icon
$463,000
Estimated Property Value
$433,315Estimated Mortgage Balance
$29,685Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,874 /month
Positive
Cash Flow Estimate:
$958 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$318/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,506
$361,331
2025
$75,000
$286,331
$361,331
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,506
$361,331

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Fha
$451,668
Yes
First
Feb 5, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$433,315
$29,685
6%
94%
$2,708/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,708/mo
$-128/mo
6.7%

City: Grapevine

2217 Sierra Dr | Property Details | No Agent List