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$614,000

NAL Estimated Property Value

2931 Scenic Dr, Grapevine, TX, 76051

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,240 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$267.41 / sqft
Year BuiltBuilt in 1984

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, Gas Cooktop

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size9,879 sqft

Building Information

Year Built1984
Stories1
Garage Spaces2

Land Information

APN42435-3-18
Lot Number18
SubdivisionTrail Lake
Land UseResidential
Legal DescriptionTRAIL LAKE BLOCK 3 LOT 18
Census Tract113707
Assessed Land Value$170,100
Assessed Improvement Value$407,303
Assessment Year2025

About this property

Charming 3-bedroom, 2-bath home in a highly sought-after location with top-rated school district, Carroll ISD. This single-story gem with beautiful wood floors and tons of storage offers the perfect blend of comfort and style. Highlights include a well-appointed kitchen featuring upgraded Bosch appliances, 5 burner gas cooktop, single basin stainless steel sink and additional storage and seating. The open floor plan and spacious living areas make it ideal for both living and entertaining. Cozy up in the living room while sitting by the fire or relax in the den with views of your backyard. Step outside to the backyard generously sized for your dream pool or outdoor oasis. Your own slice of paradise awaits! Your primary bedroom is split from the secondary bedrooms offering additional privacy and features dual sinks, separate shower, jetted tub and dual closets. Stop by and take a peek before it is too late!

Investor Tools

Property Icon
$614,000
Estimated Property Value
$0Estimated Mortgage Balance
$614,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,684 /month
Positive
Cash Flow Estimate:
$1,228 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$834/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,942
$577,403
2025
$170,100
$407,303
$577,403
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,942
$577,403

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$614,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
N/A
+$2,580/mo
5.0%

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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2931 Scenic Dr | Property Details | No Agent List