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$1,980,000

NAL Estimated Property Value

3624 Labrador Bay, Grapevine, TX, 76051

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths4,537 Sq Ft
price_per_sqft$440.82 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Gas Range, Microwave, Double Oven
FlooringCarpet, Ceramic Tile, Wood, Stone

Exterior

Exterior FeaturesBalcony, Dog Run, Rain Gutters, Lighting, Private Yard, Outdoor Grill
Lot Size1.16 acres

Building Information

Year Built1992
Stories2
Garage Spaces2

Land Information

APN23048D--9
Lot Number9
SubdivisionLabrador Bay Est
Land UseResidential
Legal DescriptionLABRADOR BAY EST LOT 9
Census Tract113707
Assessed Land Value$181,076
Assessed Improvement Value$809,347
Assessment Year2025

About this property

Extraordinary opportunity to own a stunning property at the end of a serene cul-de-sac, spanning 1.16 acres with breathtaking views of Grapevine Lake and direct access to Corp property. This remarkable estate that has never before graced the market, offers a unique blend of privacy, nature, and natural beauty. The street, lovingly named Labrador Bay by its developer in homage to her affection for Labrador dogs, sets the tone for a home that harmonizes with nature. Designed with the animal enthusiast in mind, this stately residence includes a dedicated 3-dog kennel and provides ample opportunities for wildlife and bird watching, as well as enjoying the serene sights of fish jumping in the lake. As you step inside, you're greeted by a beautifully open floorplan adorned with luxurious travertine floors. French doors lead to a covered patio, expanding the living space and offering panoramic, tree-lined views of the lake. The main floor is perfectly suited for entertaining, reflecting the owner's passion for hosting, and includes a convenient guest suite. The centrally located kitchen is complete with Thermador appliances, granite counters, and stately stained cabinets. Upstairs, the grand primary bedroom features a cozy sitting area and offers unparalleled views of the lake, ensuring a peaceful retreat. An additional bedroom completes the upper level, providing ample space for family or guests. A 3-car garage is discreetly located at the back of the home, preserving the property's elegant façade. This is a rare gem where comfort, style, and nature seamlessly blend—ready for you to create updates and cherished memories.

Investor Tools

Property Icon
$1,980,000
Estimated Property Value
$1,428,027Estimated Mortgage Balance
$551,973Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,000 /month
Positive
Cash Flow Estimate:
$4,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,076/month
$1,100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,007
$990,423
2025
$181,076
$809,347
$990,423
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,007
$990,423

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$1,440,000
No
First
Aug 21, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,428,027
$551,973
27%
72%
$9,102/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,190/mo
$10,202/mo
$-7,012/mo
1.9%

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.

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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3624 Labrador Bay | Property Details | No Agent List