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$577,000

NAL Estimated Property Value

611 Drexel Drive, Grapevine, TX, 76051

Off MarketInfo
LeaseInfo
Beds4 Beds
Baths3 Bath
Baths2,496 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.18 / sqft
Year BuiltBuilt in 1987

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size7,283 sqft

Building Information

Year Built1987
Stories2
Garage Spaces2

Land Information

APN7657-E-6
Lot Number6
SubdivisionCollege Creek
Land UseResidential
Legal DescriptionCOLLEGE CREEK BLOCK E LOT 6
Census Tract113712
Assessed Land Value$100,000
Assessed Improvement Value$321,921
Assessment Year2025

About this property

Beautiful Home and Incredible Location!! This 4 bed 2.1 bath home features a fully remodeled kitchen and master bath, covered patio with pool and spa. Walk down the street to the coveted Cannon Elementary and a half mile from all that Main Street in Grapevine has to offer! A great opportunity to live in Downtown Grapevine! Owner will cover pool service with lease.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$439/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,378
$421,921
2025
$100,000
$321,921
$421,921
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,378
$421,921

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aspire Financial Inc
Stand Alone First / Home Equity First Lien
$249,172
No
First
Jul 26, 2016
Aug 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$197,373
$379,627
65%
34%
$1,494/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,190/mo
$1,494/mo
+$1,696/mo
6.6%

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 Drexel Drive | Property Details | No Agent List