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$630,999

NAL Estimated Property Value

3910 Kelsey Ct, Grapevine, TX, 76051

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,637 Sq Ft
price_per_sqft$208.53 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringTile

Exterior

Exterior FeaturesStorage
Lot Size19,210 sqft

Building Information

Year Built1976
Stories1

Land Information

APN47580-1-20
Lot Number20
SubdivisionWoodland Estates Addition
Land UseResidential
Legal DescriptionWOODLAND ESTATES ADDITION BLOCK 1 LOT 20
Census Tract113632
Assessed Land Value$220,500
Assessed Improvement Value$410,499
Assessment Year2025

About this property

ATTENTION, REDUCED 100k. This is your golden opportunity to acquire a property on nearly a half-acre in Grapevine Texas, in the highly rated Grapevine-Colleyville School District, triple Heritage Schools. The kitchen has been nicely updated with new cabinets, counters and appliances. Guest bath features a walk in jetted tub and separate shower. Tile flooring throughout most of the home, with laminate flooring in the family room. Large rooms and abundant square footage will allow the next owner many options for use. Sited on a lovely wooded interior lot, the home sits well back from the street and still offers a back yard large enough to construct a detached garage, pool or both. Abundant built in storage, all bedrooms have walk in closets. A large workshop shed in backyard has electric power. Fully fenced. Imagine the possibilities with further updates and don't miss this one.

Investor Tools

Property Icon
$630,999
Estimated Property Value
$391,654Estimated Mortgage Balance
$239,345Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,786 /month
Positive
Cash Flow Estimate:
$1,262 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$322/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$713
$630,999
2025
$220,500
$410,499
$630,999
No

Tax History

Year
Tax Paid
Assessed Value
2024
$713
$630,999

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Portfolio Mortgage Corp
Conventional
$396,275
No
First
Sep 29, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$391,654
$239,345
37%
62%
$2,376/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,376/mo
+$204/mo
4.9%

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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