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$433,000

NAL Estimated Property Value

421 Caviness Dr, Grapevine, TX, 76051

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,456 Sq Ft
price_per_sqft$278.85 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop

Exterior

Lot Size6,486 sqft

Building Information

Year Built1990
Stories2
Garage Spaces2

Land Information

APN1588-2-7
Lot Number7
SubdivisionBanyan Place
Land UseResidential
Legal DescriptionBANYAN PLACE BLOCK 2 LOT 7
Census Tract113714
Assessed Land Value$100,000
Assessed Improvement Value$300,517
Assessment Year2025

About this property

LOCATION LOCATION LOCATION This charming 3 bedroom 2.5 bath home is nestled near Historic Downtown Grapevine. This home features vaulted ceiling, natural light and a large backyard that opens to a nearby park for kids to play and enjoy on perfect weather days! This home is in the highly sought after GCISD and is minutes from the entertainment district, DFW airport, TexRail Station, and beautiful Grapevine Lake. Come see it today as it won't last long. Buyer and buyers agent to verify measurements and schools

Investor Tools

Property Icon
$433,000
Estimated Property Value
$383,408Estimated Mortgage Balance
$49,592Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,598 /month
Positive
Cash Flow Estimate:
$866 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$326/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,742
$400,517
2025
$100,000
$300,517
$400,517
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,742
$400,517

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$397,700
No
First
May 20, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$383,408
$49,592
11%
89%
$2,385/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,385/mo
+$195/mo
7.2%

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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