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$619,000

617 E Texas St, Grapevine, TX, 76051

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,614 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$2.42 / sqft
Year BuiltBuilt in 1989

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, Gas Cooktop, Gas Range, Gas Water Heater, Refrigerator
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesPrivate Yard
Lot Size7,083 sqft

Building Information

Year Built1989
Stories2
Garage Spaces2

Land Information

APN7670-105-5
Lot Number5
SubdivisionCollege Heights Addition-Grpvn
Land UseResidential
Legal DescriptionCOLLEGE HEIGHTS ADDITION-GRPVN BLOCK 105 LOT 5
Census Tract113712
Assessed Land Value$180,000
Assessed Improvement Value$391,572
Assessment Year2025

About this property

Updated & pristinely maintained home located short pedestrian range from Historic Main St, TexRail & Grapevine Main Train Station, Harvest Hall & Hotel Vin, this is an incredible opportunity to live in all that the vibrant Historic District has to offer. Surrounded by charming houses & nestled on a peaceful street in the Historic Township, this property offers an expansive backyard with six foot wood privacy fence & two car attached plus THIRD CAR DETACHED GARAGE with workshop or storage potential, featuring electricity & private entry. On the interior, you will find an open floorplan with primary bedroom suite, wood flooring & ceramic tile throughout - no carpet! Pets allowed with Landlord approval on breed, clothes washer & dryer, fridge & lawn service included. Ready for move in on April 20th. Currently occupied and shown by appointment only.

Investor Tools

Property Icon
$619,000
Estimated Property Value
$228,000Estimated Mortgage Balance
$446,379Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,714 /month
Positive
Cash Flow Estimate:
$1,238 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$535/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,323
$571,572
2025
$180,000
$391,572
$571,572
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,323
$571,572

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bofi Federal Bank
Conventional
$228,000
No
First
Mar 16, 2015
Apr 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$172,621
$446,379
72%
28%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
N/A
+$2,580/mo
5.0%

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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617 E Texas St | Property Details | No Agent List