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$881,000

NAL Estimated Property Value

3308 Lexington Avenue, Grapevine, TX, 76051

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,828 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151.49 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size11,652 sqft

Building Information

Year Built1999
Stories2
Garage Spaces3

Land Information

APN2012J-A-10
Lot Number10
SubdivisionBelfort Addition
Land UseResidential
Legal DescriptionBELFORT ADDITION BLOCK A LOT 10
Census Tract113632
Assessed Land Value$133,750
Assessed Improvement Value$714,447
Assessment Year2025

About this property

Come see this beautiful home located in highly sought after Belfort Estates. When you first walk in you are greeted with hardwood floors, designer paint, updated light fixtures and much more. The kitchen is open to the living area and features a gas cook top, double ovens & more. The master suite has plenty of room for a sitting area, the master bathroom features separate vanities and a walk in closet. Upstairs you will find 4 spacious bedrooms and a huge game room with built in cabinets. Outside is perfect with a covered patio, plenty of green space & a pool with attached spa. The 3 car garage features built in shelves and staircase leading up to the fully decked attic storage. The roof is a year old!

Investor Tools

Property Icon
$881,000
Estimated Property Value
$809,297Estimated Mortgage Balance
$71,703Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,286 /month
Positive
Cash Flow Estimate:
$1,762 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$612/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,942
$848,197
2025
$133,750
$714,447
$848,197
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,942
$848,197

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Certified Funding Lp
Purchase Money Mortgage
$89,985
No
First
Aug 20, 2020
Aug 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$809,297
$71,703
8%
92%
$4,939/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,190/mo
$5,139/mo
$-1,949/mo
4.3%

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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3308 Lexington Avenue | Property Details | No Agent List