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$1,234,000

NAL Estimated Property Value

2837 Placid Cir, Grapevine, TX, 76051

$1,354,978 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,712 Sq Ft
price_per_sqft$390.36 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Convection Oven, Tankless Water Heater, Vented Exhaust Fan, Wine Cooler
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Fire Pit, Rain Gutters, Lighting
Lot Size10,929 sqft

Building Information

Year Built1993
Stories2
Garage Spaces2

Land Information

APN32540-4-40R1
Lot Number40R1
SubdivisionPlacid-Peninsula Addition
Land UseResidential
Legal DescriptionPLACID-PENINSULA ADDITION BLOCK 4 LOT 40R1
Census Tract113707
Assessed Land Value$188,182
Assessed Improvement Value$772,023
Assessment Year2025

About this property

Award-winning Carroll ISD schools with Grapevine taxes! Discover this hidden treasure, close to DFW airport yet blissfully quiet. Enjoy luxury living in a remodeled home with over $250k in upgrades. Meticulous attention to detail, bursting with character and ready to move in. Walls of windows and a striking skylight invite the outside in, creating a bright and airy haven. A tranquil retreat on a wooded double lot keeps the pool delightfully shaded. The party-perfect backyard extends to a wrap-around deck and stone terrace, offering unrivaled ambiance for gatherings. Experience culinary bliss in the chef's kitchen with commercial grade modern appliances in the fully equipped heart of the home. Sophistication meets comfort in the primary suite with motorized blackout shades and heated floors in the stunning bathroom and well-appointed walk-in closet. Quiet street and plenty of room to run and play in the yard. Walk to Grapevine Lake or Horseshoe Trails in minutes. Don't miss this one!

Investor Tools

Property Icon
$1,234,000
Estimated Property Value
$1,053,186Estimated Mortgage Balance
$180,814Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,354,977
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,694 /month
Positive
Cash Flow Estimate:
$2,898 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,529/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,182
$960,205
2025
$188,182
$772,023
$960,205
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,182
$960,205

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$1,096,000
No
First
Mar 6, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,053,186
$180,814
14%
85%
$6,572/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,190/mo
$6,572/mo
$-3,382/mo
3.1%

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.

Explore Texas Explore This Area
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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