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$1,225,000

NAL Estimated Property Value

3220 Fannin Lane, Grapevine, TX, 76092

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,161 Sq Ft
price_per_sqft$187.21 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Electric Oven, Gas Cooktop, Microwave, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting
Lot Size14,414 sqft

Building Information

Year Built2002
Stories2
Garage Spaces3

Land Information

APN6303-2-13
Lot Number13
SubdivisionCannon Homestead Addition
Land UseResidential
Legal DescriptionCANNON HOMESTEAD ADDITION BLOCK 2 LOT 13
Census Tract113955
Assessed Land Value$248,250
Assessed Improvement Value$577,750
Assessment Year2025

About this property

Backyard paradise awaits you! This beautiful custom home features 4 bedrooms, 4 baths, 3 car garage, swimming pool & spa. Soaring ceilings, hand scraped hardwood flooring, large office, and dining room area. Great for entertaining. Kitchen is open to the living area. Beautiful stone fireplace. Granite countertops, stainless steel appliances, double oven, and large island. Two bedrooms downstairs and two up. Huge game room area. Large, covered patio. Enjoy the lovely backyard pool, spa, and water feature. Carroll ISD, Grapevine Taxes with a Southlake address. Short distance to Grapevine Lake. This home is a must see! Best & Final offers by end of day on Sunday. Seller will review all offers on Monday.

Investor Tools

Property Icon
$1,225,000
Estimated Property Value
$451,358Estimated Mortgage Balance
$773,642Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,350 /month
Positive
Cash Flow Estimate:
$2,450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,487/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,714
$826,000
2025
$248,250
$577,750
$826,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,714
$826,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$500,000
No
First
Apr 29, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$451,358
$773,642
63%
37%
$2,998/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,130/mo
$3,298/mo
$-168/mo
3.1%

City: Grapevine

3220 Fannin Lane | Property Details | No Agent List