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$425,000

3035 Old Mill Run, Grapevine, TX, 76051

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,300 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$184.78 / sqft
Year BuiltBuilt in 1985

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, Electric Cooktop, Electric Oven
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Rain Barrel/Cistern(s)
Lot Size8,154 sqft

Building Information

Year Built1985
Stories1
Garage Spaces2

Land Information

APN8669-6-12
Lot Number12
SubdivisionCreekwood West Addn
Land UseResidential
Legal DescriptionCREEKWOOD WEST ADDN BLOCK 6 LOT 12
Census Tract113632
Assessed Land Value$93,650
Assessed Improvement Value$360,350
Assessment Year2025

About this property

Don't miss your chance to scoop up a Grapevine gem! This precious 3 bedroom, 2 bathroom home is located in a beautiful established neighborhood and features a split floorplan with plenty of flex space. A lovely sun room leads you outdoors to a quaint private backyard, while the central living room invites you in to be fireside. Off the garage is another great flex room that has a closet as well as a wet bar area. The back area could easily be converted to a larger laundry room or second closet. This home has great bones and is ready for a buyer to put their personal touch on it. Roof was replaced in 2021, several windows replaced in 2020, both commodes are comfort height and were replaced in 2020, Owner's suite shower redone in 2020. See documents for full list of repairs. *Multiple Offers Received* Sellers have asked that all offers be submitted by noon on Thursday March 2nd.

Investor Tools

Property Icon
$550,000
Estimated Property Value
$436,500Estimated Mortgage Balance
$117,946Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$383/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,848
$454,000
2025
$93,650
$360,350
$454,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,848
$454,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$436,500
No
First
Oct 20, 2025
Nov 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$432,054
$117,946
21%
79%
$2,618/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,618/mo
$-38/mo
5.6%

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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3035 Old Mill Run | Property Details | No Agent List