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$450,000

2811 Southridge Dr, Grapevine, TX, 76051

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,465 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$182.56 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size8,886 sqft

Building Information

Year Built1980
Stories1
Garage Spaces2

Land Information

APN30385-6-17
Lot Number17
SubdivisionOak Creek Estates
Land UseResidential
Legal DescriptionOAK CREEK ESTATES BLOCK 6 LOT 17
Census Tract113635
Assessed Land Value$102,000
Assessed Improvement Value$348,382
Assessment Year2025

About this property

Very well maintained, single story home in a wonderful location in Grapevine! This home has a fantastic floor plan with split bedrooms, 2 dining areas and 2 large living areas. Wonderful addition in the back of the home is second living area and has ample natural light, a wet bar area with built in mini fridge, extra storage closet, and exterior door leading to oversized deck in the backyard. Primary bedroom is a great size and has built in desk area. Primary bathroom has 2 walk in closets, separate vanities and separate tub and shower. Secondary bedrooms are on opposite side of the home with one of the bedrooms having built in desk and walk in closet. 2 sinks in hall bathroom with tub shower combo. This home is in a great location on a large lot! Close to restaurants, shopping and highways. Minutes from DFW airport

Investor Tools

Property Icon
$531,000
Estimated Property Value
$458,810Estimated Mortgage Balance
$90,113Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,186 /month
Positive
Cash Flow Estimate:
$1,062 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$311/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,077
$450,382
2025
$102,000
$348,382
$450,382
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,077
$450,382

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$458,810
No
First
Mar 19, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$440,887
$90,113
16%
83%
$2,751/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,751/mo
$-171/mo
5.8%

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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2811 Southridge Dr | Property Details | No Agent List