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$669,900

420 E College Street, Grapevine, TX, 76051

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,967 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$340.57 / sqft
Year BuiltBuilt in 1886

Property Lead Type:

Off-Market ListHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Gas Range, Microwave, Plumbed For Ice Maker, Refrigerator, Tankless Water Heater
FlooringCeramic Tile, Wood

Exterior

Lot Size11,238 sqft

Building Information

Year Built1930

Land Information

APN16060-23-2R1
Lot Number2R1
SubdivisionGrapevine, City Of
Land UseResidential
Legal DescriptionGRAPEVINE, CITY OF BLOCK 23 LOT 2R1
Census Tract113712
Assessed Land Value$184,956
Assessed Improvement Value$452,915
Assessment Year2025

About this property

Presenting a unique opportunity to own one of Grapevine’s most significant historic homes The McPherson Farmhouse. Built in 1886 this treasure was moved to the Historic District in 2017. It received a complete renovation including shiplap walls, vaulted ceilings, iron stair railing, HW flooring, SS apps & marble kitchen counters. Many of the home’s original 4 panel doors were saved, restored & outfitted with original-looking rim lock door hardware. Mechanical systems are replaced inc water, sewer & gas lines, HVAC, electrical, tankless water heater, roof, foundation & foam insulation. If you are searching for a special piece of history but with the peace of mind of a new construction home, look no further.

Investor Tools

Property Icon
$637,871
Estimated Property Value
$0Estimated Mortgage Balance
$637,871Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,019 /month
Positive
Cash Flow Estimate:
$1,340 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$574/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,699
$637,871
2025
$184,956
$452,915
$637,871
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,699
$637,871

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$637,871
100%
0%
$0/mo

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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