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$652,000

NAL Estimated Property Value

2721 Sandstone Dr, Grapevine, TX, 76051

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,228 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$222.17 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCeramic Tile, Vinyl, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size7,976 sqft

Building Information

Year Built1998
Stories1
Garage Spaces2

Land Information

APN23276-8-11
Lot Number11
SubdivisionLakeside Estates Two
Land UseResidential
Legal DescriptionLAKESIDE ESTATES TWO BLOCK 8 LOT 11
Census Tract113707
Assessed Land Value$137,400
Assessed Improvement Value$356,037
Assessment Year2025

About this property

SOUTHLAKE CARROLL ISD located in the lovely established LAKESIDE ESTATES neighborhood in GRAPEVINE. Desirable David Weekley, original owner, traditional 1 story w-flexible floor plan. Majority of home w-pretty wood floors. Split formals. Updated kitchen w-stainless steel appliances, desirable granite counters & subway marble backsplash open to the relaxing family room w-WBFP. Sizable split primary bdrm w-updated separate shower, jetted tub & generous walk-in closet. Additional family area, could be a child's play area, study or exercise room between the secondary bedrooms. Plantation shutters. Oversized garage. Near neighborhood pond & playground. Just minutes to Southlake Town Center, Grapevine Lake & Trails.

Investor Tools

Property Icon
$652,000
Estimated Property Value
$126,381Estimated Mortgage Balance
$525,619Estimated Equity
80% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,912 /month
Positive
Cash Flow Estimate:
$1,304 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$841/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,827
$493,437
2025
$137,400
$356,037
$493,437
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,827
$493,437

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Home Mortgage Llc
Conventional
$140,000
No
First
Apr 29, 2021
May 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$126,381
$525,619
80%
19%
$840/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,140/mo
+$1,440/mo
4.7%

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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2721 Sandstone Dr | Property Details | No Agent List