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$505,000

NAL Estimated Property Value

611 Ashcroft Dr, Grapevine, TX, 76051

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,135 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$230.44 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave

Exterior

Lot Size8,350 sqft

Building Information

Year Built1985
Stories2
Garage Spaces2

Land Information

APN15395-1-35
Lot Number35
SubdivisionGlade Crossing 1a & 1b
Land UseResidential
Legal DescriptionGLADE CROSSING 1A & 1B BLOCK 1 LOT 35
Census Tract113709
Assessed Land Value$95,850
Assessed Improvement Value$314,150
Assessment Year2025

About this property

Welcome to this stunning home in a beautiful neighborhood! This charming 3-bedroom, 2.5-bath residence comes complete with a spacious 2-car garage. The kitchen is a chef's dream, offering generous counter space, modern appliances, and a convenient breakfast bar, perfect for both cooking and casual dining. The open-concept living area flows seamlessly into a cozy living room, featuring a warm fireplace—ideal for entertaining friends or unwinding after a long day. Retreat to the main bedroom, which boasts a private ensuite with dual sinks and a large walk-in closet for all your storage needs. The additional bedrooms are well-appointed with plush carpeting, ceiling fans, and ample closet space. Outside, you'll enjoy a beautifully landscaped yard, providing a peaceful oasis for outdoor gatherings or relaxation. Don't miss out on the opportunity to make this exceptional home yours today!

Investor Tools

Property Icon
$505,000
Estimated Property Value
$271,850Estimated Mortgage Balance
$233,150Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,030 /month
Positive
Cash Flow Estimate:
$1,010 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$403/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,306
$410,000
2025
$95,850
$314,150
$410,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,306
$410,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Conventional
$278,000
No
First
Feb 20, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$271,850
$233,150
46%
54%
$1,667/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,667/mo
+$913/mo
6.1%

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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611 Ashcroft Dr | Property Details | No Agent List