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$570,000

NAL Estimated Property Value

618 Berkley Dr, Grapevine, TX, 76051

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,920 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$304.69 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Water Heater, Microwave, Refrigerator
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size7,253 sqft

Building Information

Year Built1988
Stories2
Garage Spaces2

Land Information

APN7657-A-8
Lot Number8
SubdivisionCollege Creek
Land UseResidential
Legal DescriptionCOLLEGE CREEK BLOCK A LOT 8
Census Tract113712
Assessed Land Value$100,000
Assessed Improvement Value$385,971
Assessment Year2025

About this property

House fully appraised! Just steps from the highly desired Grapevine Main Street & top rated schools, this fully renovated home blends timeless charm with modern luxury. Inside, you’ll find beautiful designer finishes, a dining area overlooking the chef’s kitchen with custom white oak cabinetry, quartz countertops, stainless steel appliances, and tons of storage. The kitchen flows right into the spacious living room with a fireplace, making it perfect for entertaining. Upstairs, the primary suite is a true retreat with a stunning bath and walk-in shower, while the generously sized secondary bedrooms offer plenty of space for everyone. Outside, the expansive backyard is perfect for gatherings and making memories. Plus, the home comes with fully paid-off solar panels and a newer HVAC (2022) for energy efficiency. With easy access to major highways, TexRail to DFW Airport and Fort Worth, and just minutes from Hotel Vin, you’re right in the middle of Grapevine’s vibrant dining, shopping, and entertainment scene. Don’t miss this one!

Investor Tools

Property Icon
$570,000
Estimated Property Value
$989,946Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,510 /month
Positive
Cash Flow Estimate:
$1,170 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$322/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,015
$485,971
2025
$100,000
$385,971
$485,971
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,015
$485,971

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cary Brown Etal
Purchase Money Mortgage
$568,250
No
First
Jun 9, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$989,946
N/A
0%
174%
$6,010/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$6,010/mo
$-3,430/mo
5.4%

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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