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$629,000

3231 Summerfield Dr, Grapevine, TX, 76051

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,688 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$234 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Gas Water Heater
FlooringCeramic Tile, Laminate, Wood

Exterior

Private PoolPrivate Pool
Lot Size8,333 sqft

Building Information

Year Built1985
Stories2
Garage Spaces2

Land Information

APN8518H-3-6
Lot Number6
SubdivisionCountryside East Addition
Land UseResidential
Legal DescriptionCOUNTRYSIDE EAST ADDITION BLOCK 3 LOT 6
Census Tract113633
Assessed Land Value$95,700
Assessed Improvement Value$477,717
Assessment Year2025

About this property

Welcome to this charming traditional home in a highly desirable Grapevine location! Offering timeless appeal and inviting living spaces, this well-maintained residence is perfectly suited for comfortable everyday living and effortless entertaining. The standout outdoor retreat features a large covered patio overlooking a sparkling recently resurfaced diving pool, creating the ideal setting for relaxing, hosting guests, or enjoying warm afternoons with family and friends. Additional peace of mind comes with the 2024 upgraded Class IV roof and HVAC's replaced in 2025 (downstairs) and 2019 (upstairs.) With all bedrooms located upstairs, this home offers a comfortable separation between private and shared spaces, creating a peaceful retreat away from the main living areas. The dedicated study downstairs provides the perfect space for working from home, managing household tasks, or creating a quiet flex space without sacrificing a bedroom. Accessible to the primary bedroom or hallway, the fourth bedroom would make an ideal nursery, home gym or a secondary office. Just moments away from top-rated schools, Parr Park with its walking trails, splash pad and playground, and convenient access to major highways, restaurants and shopping! With its classic character, fantastic location, and exceptional outdoor living space, this home offers the perfect blend of comfort, convenience, charm, and lifestyle.

Investor Tools

$0Estimated Mortgage Balance
$631,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,786 /month
Positive
Cash Flow Estimate:
$1,262 /month

Interested in this property?

Stephanie Turner

Ebby Halliday, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$832/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,824
$573,417
2025
$95,700
$477,717
$573,417
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,824
$573,417

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$631,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
N/A
+$2,580/mo
4.9%

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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3231 Summerfield Dr | Property Details | No Agent List