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$620,000

3350 Summerfield Drive, Grapevine, TX, 76051

PendingInfo
Beds4 Beds
Baths3 Bath
Baths2,404 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$257.9 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Refrigerator
FlooringCarpet, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesDeck
Lot Size7,989 sqft

Building Information

Year Built1992
Stories2
Garage Spaces2

Land Information

APN8519-1-58
Lot Number58
SubdivisionCountryside Estates Addition
Land UseResidential
Legal DescriptionCOUNTRYSIDE ESTATES ADDITION BLOCK 1 LOT 58
Census Tract113633
Assessed Land Value$91,750
Assessed Improvement Value$365,865
Assessment Year2025

About this property

Beautiful corner-lot home in one of Grapevine’s most desirable neighborhoods, zoned to top-rated schools! This inviting home features an open-concept layout filled with natural light, with the primary bedroom conveniently located downstairs. The backyard is a true highlight with an updated pool, including new PebbleTec, Tile and Tanning Ledge in 2022. 1 HVAC Unit is 2021, the other approx 2011. New floors on the main level in 2022. Prime location, strong curb appeal, and a functional floorplan make this one a must-see! Seller will need a Leaseback until July 15.

Investor Tools

$489,416Estimated Mortgage Balance
$140,584Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,780 /month
Positive
Cash Flow Estimate:
$1,260 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$412/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,794
$457,615
2025
$91,750
$365,865
$457,615
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,794
$457,615

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$520,600
No
First
Mar 31, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$489,416
$140,584
22%
78%
$3,122/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,122/mo
$-542/mo
4.9%

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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3350 Summerfield Drive | Property Details | No Agent List