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$561,000

504 Coventry Dr, Grapevine, TX, 76051

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,748 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.13 / sqft
Year BuiltBuilt in 1997

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, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size8,124 sqft

Building Information

Year Built1997
Stories2
Garage Spaces2

Land Information

APN805-1-25
Lot Number25
SubdivisionArbormont Estates
Land UseResidential
Legal DescriptionARBORMONT ESTATES BLOCK 1 LOT 25
Census Tract113709
Assessed Land Value$93,250
Assessed Improvement Value$303,350
Assessment Year2025

About this property

Beautiful executive home with mature trees & huge back yard close to DFW Airport! Centrally located between Dallas & Fort Worth, this location is ideal for anyone commuting to either city. The entry is flanked on one side by a study w French doors & a formal dining area on the other. The kitchen has been totally updated w granite counters, ss appliances, white cabinets, pantry & breakfast bar. A spacious family room overlooks the beautifully landscaped back yard & features a see-thru fireplace into the primary bedroom. The primary bath includes jetted tub, separate shower, dual sinks, medicine cabinet, linen closet & a huge closet w extra storage under the staircase. A large storage closet, utility & half bath complete the downstairs. Upstairs is an oversized game room, two additional bedrooms - both with walk-in closets, a linen closet & a Hollywood bath. Available NOW! Located in Grapevine-Colleyville ISD. LAWN MAINTENANCE IS INCLUDED!

Investor Tools

Property Icon
$561,000
Estimated Property Value
$420,375Estimated Mortgage Balance
$177,847Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,366 /month
Positive
Cash Flow Estimate:
$1,122 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$419/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,220
$396,600
2025
$93,250
$303,350
$396,600
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,220
$396,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$420,375
No
First
Sep 10, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$383,153
$177,847
31%
68%
$2,521/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,521/mo
+$59/mo
5.5%

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.

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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504 Coventry Dr | Property Details | No Agent List