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$699,000

NAL Estimated Property Value

2704 Sandstone Drive, Grapevine, TX, 76051

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,407 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$205.65 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesTrash Compactor, Convection Oven, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size8,050 sqft

Building Information

Year Built1997
Stories1
Garage Spaces2

Land Information

APN23276-9-3
Lot Number3
SubdivisionLakeside Estates Two
Land UseResidential
Legal DescriptionLAKESIDE ESTATES TWO BLOCK 9 LOT 3
Census Tract113707
Assessed Land Value$138,600
Assessed Improvement Value$471,026
Assessment Year2025

About this property

Have you longed to live in Southlake Carroll ISD but don’t want the high taxes? Welcome to this hidden gem, located in one of the coveted neighborhoods privy to esteemed schools, and a Grapevine address! Thoughtfully designed, this expansive home is ready for all your socially distanced entertaining, both inside and out! Wonderful formals with high ceilings, and an open concept den that flows easily to the kitchen. Private primary bedroom retreat opens to a lovely patio, and guest suites and home office all enjoy their own space. Absolutely fantastic street, a picturesque backyard, and just minutes to Grapevine Lake & Southlake Town Square, and just 12 minutes to DFW. The best fit, finishes and location around!

Investor Tools

Property Icon
$699,000
Estimated Property Value
$422,863Estimated Mortgage Balance
$276,137Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,194 /month
Positive
Cash Flow Estimate:
$1,398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$775/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,806
$609,626
2025
$138,600
$471,026
$609,626
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,806
$609,626

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Watermark Capital Inc
Conventional
$475,000
No
First
Sep 25, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$422,863
$276,137
39%
60%
$2,848/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,190/mo
$2,848/mo
+$342/mo
5.5%

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.

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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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2704 Sandstone Drive | Property Details | No Agent List