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$579,730

NAL Estimated Property Value

3032 Ridgebend Dr, Grapevine, TX, 76051

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,607 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$201.38 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave
FlooringCarpet, Vinyl, Wood

Exterior

Lot Size10,245 sqft

Building Information

Year Built1991
Stories2
Garage Spaces2

Land Information

APN8669-7-41
Lot Number41
SubdivisionCreekwood West Addn
Land UseResidential
Legal DescriptionCREEKWOOD WEST ADDN BLOCK 7 LOT 41
Census Tract113632
Assessed Land Value$117,600
Assessed Improvement Value$462,130
Assessment Year2025

About this property

Charming Grapevine Two-Story in Coveted GCISD. Nestled in the leafy Creekwood West neighborhood, this 3-bedroom, 2.5-bath home combines classic character with modern comfort in a premier location. The thoughtful design features two living areas and two dining spaces, ideal for entertaining or relaxed family living. The welcoming living room centers around a fireplace accented by a striking antique 1903 mantle. The large family room offers a second fireplace with built-in shelves and cabinets on both sides. A wall of plantation shuttered windows brings in the daylight and views of mature trees in the backyard. The kitchen and breakfast area open to the family room. The breakfast area features double French doors and a shelved closet for extra storage or a second pantry. The kitchen offers a butcher block top island, abundant storage, and views of the open backyard. The backyard connects to the alley, creating a sense of spacious living. The primary suite is conveniently located downstairs, with two additional bedrooms and a full bath upstairs for added privacy. Wood floors, plantation shutters, and abundant light enhance the inviting atmosphere. Located within the highly rated Grapevine-Colleyville ISD, this home is within walking distance of the elementary, middle, and high schools. The neighborhood’s mature trees, sidewalks, alleyways, and thoughtful planning reflect a commitment to preserving natural beauty. Enjoy proximity to Historic Downtown Grapevine, Southlake Town Square, Glade Parks shopping center with an upcoming new HEB grocery store, opening 2026, and Colleyville’s shopping and dining, all just minutes away. DFW Airport is close by with easy access via Highways 114 and 121. Experience timeless character, comfort, and convenience in one of Grapevine’s desirable communities. It's ready for new buyers to make it their own.

Investor Tools

Property Icon
$579,730
Estimated Property Value
$481,694Estimated Mortgage Balance
$98,036Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,478 /month
Positive
Cash Flow Estimate:
$1,159 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$365/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,476
$579,730
2025
$117,600
$462,130
$579,730
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,476
$579,730

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Optimum First Inc
Stand Alone First / Home Equity First Lien
$484,500
No
First
Jan 15, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$481,694
$98,036
16%
83%
$2,905/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,905/mo
$-325/mo
5.3%

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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3032 Ridgebend Dr | Property Details | No Agent List