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$498,000

2911 Ridgewood Dr, Grapevine, TX, 76051

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,120 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.32 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

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

Exterior

Exterior FeaturesRain Gutters
Lot Size10,694 sqft

Building Information

Year Built1978
Stories2
Garage Spaces2

Land Information

APN30385-18-13
Lot Number13
SubdivisionOak Creek Estates
Land UseResidential
Legal DescriptionOAK CREEK ESTATES BLOCK 18 LOT 13
Census Tract113635
Assessed Land Value$122,750
Assessed Improvement Value$197,585
Assessment Year2025

About this property

Charming 3 bedroom, 2 and half bath home in a wonderful Grapevine neighborhood. Large living room with vaulted ceiling and cozy woodburning fireplace. Powder bathroom downstairs off of the entry. Large open kitchen with plenty of countertop space. Breakfast area open to the kitchen and living room. Stainless Steel appliances and beautiful view from the window at the kitchen sink, looking out into the backyard. Primary bedroom on main floor with laminate flooring and sliding glass door leading to a small front yard courtyard. Two sinks in the primary bathroom and large closet. Upstairs loft area can be used as second living room, game room or office space. Two nice sized bedrooms and bathroom on second floor. Beautiful mature trees in the front and back yards. Covered patio out back. Wonderful neighborhood. All applicants over the age of 18 years old must complete an application. NO CATS however, other pets are considered on a case by case basis.

Investor Tools

Property Icon
$498,000
Estimated Property Value
$0Estimated Mortgage Balance
$498,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,988 /month
Positive
Cash Flow Estimate:
$996 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$366/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,897
$320,335
2025
$122,750
$197,585
$320,335
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,897
$320,335

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$498,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,190/mo
N/A
+$3,190/mo
7.7%

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.

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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2911 Ridgewood Dr | Property Details | No Agent List