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$429,000

2954 Tumbleweed Ct, Grapevine, TX, 76051

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,766 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$242.92 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Electric Oven, Gas Water Heater, Microwave, Double Oven
FlooringCarpet, Ceramic Tile

Exterior

Lot Size13,369 sqft

Building Information

Year Built1983
Stories1
Garage Spaces2

Land Information

APN31825-6-21
Lot Number21
SubdivisionParra Linda Estates
Land UseResidential
Legal DescriptionPARRA LINDA ESTATES BLOCK 6 LOT 21
Census Tract113707
Assessed Land Value$230,175
Assessed Improvement Value$218,825
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED. OFFER DEADLINE IS 12:00 PM - MONDAY, FEBRUARY 6th. This Little Charmer is Perfectly Positioned on a 3rd of an Acre, Private, Cul De Sac, One of the Largest Lots in the Subdivision & Award Winning Carroll ISD. If Outdoor Space is Something You Desire - This is the Home for You. Spacious & Easy Flow Floor Plan. Split Bedrooms, Dedicated Office & Natural Gas is Accessible in this Property. Trayed Ceiling, Wainscoting, Builtins and more... SO MUCH AMAZING POTENTIAL = LOCATION, LOCATION, LOCATION. 10 Minutes to Dallas-Fort Worth International Airport, Less than 5 Minutes to Lake Grapevine, Parks, Walking & Hiking Trails, Historic Downtown Grapevine & Southlake Town Square. Super Quick Access to 114, 635, 121 and Toll Roads. **Front Load W&D & Refrigerator Negotiable** Owner has never lived in this property.

Investor Tools

Property Icon
$535,000
Estimated Property Value
$317,800Estimated Mortgage Balance
$235,717Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,210 /month
Positive
Cash Flow Estimate:
$1,070 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$727/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,050
$449,000
2025
$230,175
$218,825
$449,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,050
$449,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Us Bank Na
Conventional
$317,800
No
First
Mar 7, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$299,283
$235,717
44%
56%
$1,906/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,906/mo
+$674/mo
5.8%

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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2954 Tumbleweed Ct | Property Details | No Agent List