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$500,000

3554 Mercury Dr, Grapevine, TX, 76051

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,742 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$287.03 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesStorage
Lot Size14,436 sqft

Building Information

Year Built1974
Stories1
Garage Spaces2

Land Information

APN32540-7-1R
Lot Number1R
SubdivisionPlacid-Peninsula Addition
Land UseResidential
Legal DescriptionPLACID-PENINSULA ADDITION BLOCK 7 LOT 1R
Census Tract113707
Assessed Land Value$128,876
Assessed Improvement Value$320,491
Assessment Year2025

About this property

Back On The Market - Financing Fell Through. Welcome to 3554 Mercury Drive, a custom built home full of character, comfort and craftsmanship in a much sought-after neighborhood in the heart of Grapevine, Texas. Set on a beautifully landscaped third-acre lot in one of Grapevine's most sought-after neighborhoods, this 3-bedroom, 2-bath residence combines timeless design, modern updates, and an unbeatable location. From the moment you arrive, you will notice the inviting curb appeal with a horseshoe driveway, manicured flowerbeds, and a welcoming façade reflecting pride of ownership. Inside, the home is filled with natural light, wood-look ceramic tile, enhanced by plantation shutters, elegant finishes, and a sense of space that feels both comfortable and refined. The kitchen features granite countertops, unique under-cabinet storage, and lighting, perfect for cooking, entertaining, or enjoying the heart of the home. A fully integrated 200-square-foot solarium provides a year-round retreat to enjoy morning coffee, nurture plants, or relax while overlooking the peaceful backyard. Every system has been maintained for efficiency and longevity, including a one-year-old water heater, HVAC under ten years, PVC plumbing no cast iron, and a roof replaced five years ago. The backyard is a private oasis meticulously designed for entertaining. Whether you're hosting a summer barbecue or enjoying a quiet evening under the stars, this outdoor space is perfect for all your gatherings, and a powered storage shed adds convenience. Flexible living spaces include a formal dining area, cozy living room, and generously sized bedrooms. Located minutes from historic downtown, award-winning schools, and Lake Grapevine, this home balances convenience and serenity. Whether commuting to DFW Airport, enjoying weekend outings, or hosting friends, 3554 Mercury Drive offers a lifestyle of comfort, elegance, and lasting value. Schedule your private tour today to experience all it has to offer.

Investor Tools

Property Icon
$476,000
Estimated Property Value
$384,000Estimated Mortgage Balance
$0Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$279/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$969
$449,367
2025
$128,876
$320,491
$449,367
No

Tax History

Year
Tax Paid
Assessed Value
2024
$969
$449,367

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Financial Services Llc
Unknown
$384,000
No
First
Feb 19, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$764,670
N/A
0%
161%
$4,606/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$4,606/mo
$-2,026/mo
6.5%

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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3554 Mercury Dr | Property Details | No Agent List