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$300,000

3109 Timber Ridge Point, Grapevine, TX, 76051

Off MarketInfo
LeaseInfo
Beds2 Beds
Baths2 Bath
Baths984 Sq Ft
DuplexDuplex
price_per_sqft$2.03 / sqft
Year BuiltBuilt in 1983

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Refrigerator
FlooringCeramic Tile, Vinyl

Exterior

Lot Size4,365 sqft

Building Information

Year Built1983
Stories1
Garage Spaces1

Land Information

APN42225-1-2B
Lot Number2B
SubdivisionTimberline Estates (Grapevine)
Land UseResidential
Legal DescriptionTIMBERLINE ESTATES (GRAPEVINE) BLOCK 1 LOT 2B
Census Tract113635
Assessed Land Value$25,000
Assessed Improvement Value$170,000
Assessment Year2025

About this property

Located on a cul de sac, this half duplex, 2 Bed, 2 Bath, is located in the desirable GCISD! The property was updated in 2018. The updates include: Appliances, flooring, popcorn ceiling removed, fixtures, and more. Bright and open floorplan. Living room with brick fireplace open to kitchen with stainless steel appliances. Quartz countertops featured in Kitchen and bathrooms. GCISD schools! Kitchen fridge conveys with lease! $250 pet deposit, $150 non refundable pet fee. Small breed preferred, to be approved by landlord. 2 car covered carport. Tenant has just moved out, make ready has not been done yet.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$203/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$940
$195,000
2025
$25,000
$170,000
$195,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$940
$195,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$300,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,950/mo
N/A
+$1,950/mo
7.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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