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$629,000

NAL Estimated Property Value

3920 Kelsey Ct, Grapevine, TX, 76051

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,115 Sq Ft
price_per_sqft$295.51 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Convection Oven, Other
FlooringCeramic Tile, Hardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting, Outdoor Grill
Lot Size22,564 sqft

Building Information

Year Built1976
Stories1
Garage Spaces2

Land Information

APN47580-1-21
Lot Number21
SubdivisionWoodland Estates Addition
Land UseResidential
Legal DescriptionWOODLAND ESTATES ADDITION BLOCK 1 LOT 21
Census Tract113632
Assessed Land Value$252,715
Assessed Improvement Value$358,085
Assessment Year2025

About this property

Custom home on half acre plus in prime location, completely landscaped with dry creek bed, walking paths and professionally lighted for evening ambience. Exterior spa is decked with cover. Enjoy the outdoor grill and prep area adjacent to large shaded patio with outdoor TV, and private patio off primary bedroom. Flexible space inside can be 2 primary suites, or 4th bedroom can function as family room. Kitchen features ample counter space and built in wine fridge. Large laundry room has built in cabinets and pantry shelving. All baths updated. Primary suite features large walk in closet, access to patio and side yard, antique bathtub and separate shower. Engineered hickory wood flooring throughout most of the home. New roof Oct 2023, HVAC in 2022. Tankless water heater in 2022. Fresh paint throughout. Brick home with shingled Hardi siding. Oversized detached garage has additional parking for RV or boat. Quiet street close to Parr Park. Underground utilities. Colleyville Heritage High.

Investor Tools

Property Icon
$629,000
Estimated Property Value
$0Estimated Mortgage Balance
$629,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,774 /month
Positive
Cash Flow Estimate:
$1,258 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$344/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$981
$610,800
2025
$252,715
$358,085
$610,800
No

Tax History

Year
Tax Paid
Assessed Value
2024
$981
$610,800

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$635,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
N/A
+$2,580/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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3920 Kelsey Ct | Property Details | No Agent List