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$594,948

NAL Estimated Property Value

2942 Red Bird Ln, Grapevine, TX, 76051

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,900 Sq Ft
price_per_sqft$187.11 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Laminate, Slate

Exterior

Exterior FeaturesFire Pit, Storage
Lot Size7,214 sqft

Building Information

Year Built1980
Stories1
Garage Spaces2

Land Information

APN22625-3-2
Lot Number2
SubdivisionKimberly Estates
Land UseResidential
Legal DescriptionKIMBERLY ESTATES BLOCK 3 LOT 2
Census Tract113707
Assessed Land Value$85,000
Assessed Improvement Value$509,948
Assessment Year2025

About this property

Wow. Renovated and move in ready for a new family. Very desirable neighborhood. Close to downtown and Lake Grapevine. Open floor plan, hard flooring in wet areas and one living room. Bedrooms and second living room are new carpet. Lots of windows so it's light and bright. Outside 8 foot privacy fence, firepit, covered patio, raised beds for garden and large storage shed. There also is an extra wide drive for a second or third car.

Investor Tools

Property Icon
$594,948
Estimated Property Value
$311,289Estimated Mortgage Balance
$283,659Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,570 /month
Positive
Cash Flow Estimate:
$1,190 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$393/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,746
$594,948
2025
$85,000
$509,948
$594,948
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,746
$594,948

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Home Mortgage Llc
Conventional
$344,835
No
First
Apr 29, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$311,289
$283,659
47%
52%
$2,068/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,068/mo
+$512/mo
5.2%

City: Grapevine

2942 Red Bird Ln | Property Details | No Agent List