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$482,000

NAL Estimated Property Value

2227 Tanglewood Dr, Grapevine, TX, 76051

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,869 Sq Ft
price_per_sqft$256.82 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesSome Gas Appliances, Dishwasher, Electric Range, Disposal, Gas Water Heater, Microwave, Plumbed For Gas, Vented Exhaust Fan
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBuilt In Barbecue, Barbecue, Courtyard, Lighting, Outdoor Grill, Rain Gutters, Storage
Lot Size11,735 sqft

Building Information

Year Built1984
Stories1
Garage Spaces2

Land Information

APN30385-1-16
Lot Number16
SubdivisionOak Creek Estates
Land UseResidential
Legal DescriptionOAK CREEK ESTATES BLOCK 1 LOT 16
Census Tract113635
Assessed Land Value$134,750
Assessed Improvement Value$278,722
Assessment Year2025

About this property

Beautifully updated home in fantastic Grapevine location features a sparkling pool and oversized treed and landscaped lot. Enjoy the open floorplan, updated and move in ready. The primary bedroom features a designer en-suite bath complete with tub, updated shower, double vanity and separate walk in closets. Secondary bath has updated shower and flooring. The main living area features a cozy fireplace, and is open to a secondary living area featuring a fantastic vaulted ceiling, floor to ceiling windows and skylights looking out over a private backyard with a pool and waterfall feature. The kitchen and dining area are open to both living areas for easy entertaining. Plenty of backyard grass for pets or games, and built in grill for outdoor entertaining. Extra parking next to large garage with workshop. Attractive storage shed with window in back yard. The covered front porch is cozy and private offering views of a towering oak tree. This home offers special spaces for everyone.

Investor Tools

Property Icon
$482,000
Estimated Property Value
$204,892Estimated Mortgage Balance
$277,108Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,892 /month
Positive
Cash Flow Estimate:
$964 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$370/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,026
$413,472
2025
$134,750
$278,722
$413,472
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,026
$413,472

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$207,000
No
First
Oct 23, 2025
Nov 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$204,892
$277,108
57%
43%
$1,242/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,242/mo
+$1,338/mo
6.4%

Learn About the Market: Opportunity in Texas

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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.

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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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2227 Tanglewood Dr | Property Details | No Agent List