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$731,000

NAL Estimated Property Value

2803 Southshore Drive, Grapevine, TX, 76051

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,214 Sq Ft
price_per_sqft$186.68 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Electric Oven, Gas Cooktop, Ice Maker, Microwave, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesBalcony, Rain Gutters, Lighting, Outdoor Grill, Garden
Lot Size10,398 sqft

Building Information

Year Built1990
Stories2
Garage Spaces2

Land Information

APN38601-1-13
Lot Number13
SubdivisionSilvercrest I
Land UseResidential
Legal DescriptionSILVERCREST I BLOCK 1 LOT 13
Census Tract113707
Assessed Land Value$162,500
Assessed Improvement Value$438,518
Assessment Year2025

About this property

Fabulous Grapevine find adjacent to corp property - walking distance to the lake. NO HOA! Kitchen remodel by trained chef- commercial grade double ovens and six burner gas stovetop. Quartz counters, two pantries in kitchen and walk thru to dining. Primary suite on first level with bathroom remodel. Natural light throughout. Second level has three bedrooms large second living area and two baths with exterior upstairs patio area. Open patio area with established gardens. So many updates see the list in supplemental section. Fridge stays with the home. Media equipment on second level and washer, dryer negotiable. You can see the Grapevine fireworks from this home!

Investor Tools

Property Icon
$731,000
Estimated Property Value
$536,734Estimated Mortgage Balance
$194,266Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,386 /month
Positive
Cash Flow Estimate:
$1,462 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$509/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,447
$601,018
2025
$162,500
$438,518
$601,018
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,447
$601,018

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mid-American Mortgage Inc
Va
$590,000
Yes
First
Aug 27, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$536,734
$194,266
26%
73%
$3,538/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,538/mo
$-958/mo
4.2%

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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2803 Southshore Drive | Property Details | No Agent List