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$422,000

NAL Estimated Property Value

321 Banyan Dr, Grapevine, TX, 76051

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,272 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$345.91 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringCarpet, Vinyl

Exterior

Lot Size5,022 sqft

Building Information

Year Built1991
Stories1
Garage Spaces2

Land Information

APN1588-3-6R
Lot Number6R
SubdivisionBanyan Place
Land UseResidential
Legal DescriptionBANYAN PLACE BLOCK 3 LOT 6R
Census Tract113714
Assessed Land Value$100,000
Assessed Improvement Value$280,932
Assessment Year2025

About this property

Located within walking distance of Historic Downtown Grapevine and the highly acclaimed Grapevine-Colleyville ISD, this charming 3-bedroom, 2-bathroom home offers the perfect blend of small-town charm and modern convenience. Enjoy unbeatable access to shopping, dining, and top-rated schools while living in the heart of Grapevine. Inside, a thoughtfully designed floor plan features stylish luxury vinyl flooring throughout. The beautifully updated kitchen boasts brand-new shaker cabinets, ample storage, a new electric range, and a cozy eat-in nook. The spacious secondary bedrooms are situated on one side of the home, while the private primary suite is tucked away on the other, creating an ideal layout. Step outside to a generously sized backyard, complete with a brand-new 6-foot cedar fence—perfect for outdoor entertaining or quiet relaxation. Don’t miss out on this incredible opportunity—schedule your showing today!

Investor Tools

Property Icon
$422,000
Estimated Property Value
$321,605Estimated Mortgage Balance
$100,395Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,640 /month
Positive
Cash Flow Estimate:
$880 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$329/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,837
$380,932
2025
$100,000
$280,932
$380,932
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,837
$380,932

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending
Conventional
$327,370
No
First
May 19, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$321,605
$100,395
23%
76%
$1,963/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,963/mo
+$617/mo
7.3%

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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