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$544,303

NAL Estimated Property Value

2816 Wateridge Ct, Grapevine, TX, 76051

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,516 Sq Ft
price_per_sqft$198.73 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven

Exterior

Lot Size9,374 sqft

Building Information

Year Built1990
Stories2
Garage Spaces2

Land Information

APN38601-3-3
Lot Number3
SubdivisionSilvercrest I
Land UseResidential
Legal DescriptionSILVERCREST I BLOCK 3 LOT 3
Census Tract113707
Assessed Land Value$130,000
Assessed Improvement Value$414,303
Assessment Year2025

About this property

Rare Opportunity in Silvercrest! Located near Grapevine Lake in the highly sought-after Silvercrest neighborhood, this 4-bedroom, 2.5-bath home sits on a spacious cul-de-sac lot with mature trees, a long driveway, no HOA, and a private backyard featuring a pool. The interior is ideal for buyers looking to update and make it their own. The functional layout includes a large kitchen, two living areas, a loft, and generously sized bedrooms. Off the upstairs loft, you'll find a second-level deck with a staircase leading directly down to the pool, great for entertaining and indoor-outdoor living. With very little turnover in this neighborhood, this is a rare chance to get in, don’t miss it!

Investor Tools

Property Icon
$544,303
Estimated Property Value
$491,096Estimated Mortgage Balance
$53,207Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,266 /month
Positive
Cash Flow Estimate:
$1,089 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$411/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,216
$544,303
2025
$130,000
$414,303
$544,303
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,216
$544,303

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Fha
$500,663
Yes
First
Apr 19, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$491,096
$53,207
9%
90%
$3,002/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,002/mo
$-422/mo
5.7%

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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2816 Wateridge Ct | Property Details | No Agent List