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$874,000

2619 Peninsula Drive, Grapevine, TX, 76051

$974,993 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,799 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$312.25 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave

Exterior

Lot Size12,040 sqft

Building Information

Year Built1975
Garage Spaces2

Land Information

APN32540-9-5A
Lot Number5A
SubdivisionPlacid-Peninsula Addition
Land UseResidential
Legal DescriptionPLACID-PENINSULA ADDITION BLOCK 9 LOT 5A
Census Tract113707
Assessed Land Value$124,078
Assessed Improvement Value$599,039
Assessment Year2025

About this property

**Multiple Offers Received – Highest & Best Due Monday, March 23 at 5:00 PM. Submit contract, all disclosures, and proof of funds by deadline. Please review and follow offer instructions in the TransactionDesk.** Fully renovated and move-in ready, this stunning home offers luxury living with major system upgrades, including two brand new HVAC systems, new ducting and complete cast iron plumbing replacement for long-term peace of mind. Step inside to wide-plank European white oak engineered hardwood flooring and a thoughtfully designed open layout. The custom designer kitchen is the true centerpiece, featuring white oak cabinetry, a marble backsplash, a professional-grade 48” range, and a farmhouse sink. Natural soft quartzite countertops anchor a statement oversized island, creating a sophisticated and highly functional focal point perfect for both daily living and entertaining. The primary suite is nothing short of breathtaking, showcasing a spa-inspired bathroom with an oversized walk-in shower, soaking tub, and a custom walk-in closet finished with marble and granite checkerboard flooring. Upstairs, you’ll find a private office along with an oversized patio deck—ideal for hosting or relaxing. The outdoor living continues with a large backyard deck complete with a custom grill, sink, and refrigerator, all set beneath a pergola designed for year-round entertaining. The backyard is further enhanced by a fully replastered pool with new coping and tile, creating a true resort-style experience. Cedar accents throughout the home add warmth, texture, and a distinctive high-end finish that makes this property stand out. This home blends designer finishes, functional upgrades, and exceptional indoor-outdoor living—perfect for entertaining and everyday comfort.

Investor Tools

Property Icon
$874,000
Estimated Property Value
$0Estimated Mortgage Balance
$874,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$974,993
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,244 /month
Positive
Cash Flow Estimate:
$1,748 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$655/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,487
$723,117
2025
$124,078
$599,039
$723,117
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,487
$723,117

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$874,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
N/A
+$2,580/mo
3.5%

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.

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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2619 Peninsula Drive | Property Details | No Agent List