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$852,000

NAL Estimated Property Value

3303 Lookout Drive, Grapevine, TX, 76051

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,844 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$202.18 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Convection Oven, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCeramic Tile, Slate, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size15,677 sqft

Building Information

Year Built1997
Stories2
Garage Spaces2

Land Information

APN40543-3-5
Lot Number5
SubdivisionStonewood (Gpv)
Land UseResidential
Legal DescriptionSTONEWOOD (GPV) BLOCK 3 LOT 5
Census Tract113632
Assessed Land Value$180,000
Assessed Improvement Value$588,000
Assessment Year2025

About this property

SEARCH YOUTUBE FOR HD VIDEO!!! Rare Opportunity to own a GORGEOUS MODERN DESIGNED Home w-Mature Shade Trees Nestled 1 block from Parr Park & the Cotton Belt Trail System! Open & Bright Floorplan boasts SPLIT BEDROOMS, 2 Living & 2 Dining Areas! GOURMET KITCHEN Features TRUE Custom Cabinets, Beautiful Quartz Counters, Gas Cktp, Convection Oven, & Lg Walk-in Pantry! Downstairs Master Retreat was Recently Updated! Jetted Tub, Sep. Shwr, Dual Vanities, & Walk-In Closet! Plantation Shutters! HUGE downstairs secondary bedrooms w-Jack & Jill Bathroom! UPSTAIRS GAMEROOM & Additional Bedroom w-Full Bath. The Private, Resort-Style Backyard Complete w-Custom, Sparkling Pool & Lush Landscaping! Grapevine-Colleyville ISD!

Investor Tools

Property Icon
$852,000
Estimated Property Value
$421,797Estimated Mortgage Balance
$430,203Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,112 /month
Positive
Cash Flow Estimate:
$1,704 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$590/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,817
$768,000
2025
$180,000
$588,000
$768,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,817
$768,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Affiliated Bank
Conventional
$477,700
No
First
May 4, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$421,797
$430,203
50%
50%
$2,865/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,190/mo
$2,865/mo
+$325/mo
4.5%

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.

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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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3303 Lookout Drive | Property Details | No Agent List