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$640,000

828 Spring Creek Dr, Grapevine, TX, 76051

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,430 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$263.37 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size8,107 sqft

Building Information

Year Built2007
Stories1
Garage Spaces2

Land Information

APN38602C-5-13
Lot Number13
SubdivisionSilver Lake Estates Addition
Land UseResidential
Legal DescriptionSILVER LAKE ESTATES ADDITION BLOCK 5 LOT 13
Census Tract113714
Assessed Land Value$150,000
Assessed Improvement Value$469,367
Assessment Year2025

About this property

SINGLE STORY home in highly sought-after Silver Lake Estates, just minutes from historic downtown Grapevine, Lake Grapevine and DFW Airport. Silver Lake Estates is served by Grapevine-Colleyville ISD. This Open Floor Plan offers 3 bedrooms, split plan with 2 full baths plus a Study and extra FLEX Room that could have multiple uses. Move-in condition, this home offers affordable family living, including the kitchen opening to the Family Room with a fireplace and also the open dining areas. Great for entertaining. The front entry 2 car garage that has two entrances into the home. Take note of the nice Mud Room off one of the garage entrances. The beautiful backyard is secluded and private. This is a must see and won't last at this price. Sought after Community - SINGLE STORY - Great Schools - excellent proximity - Open floor Plan - Privacy - Move-in ready!!

Investor Tools

Property Icon
$664,000
Estimated Property Value
$228,325Estimated Mortgage Balance
$472,653Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,984 /month
Positive
Cash Flow Estimate:
$1,328 /month

Interested in this property?

Brad Popoff

Fathom Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$442/month
$397/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,986
$619,367
2025
$150,000
$469,367
$619,367
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,986
$619,367

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Great Western Financial Services Inc
Stand Alone Second / Subordinate Position
$85,350
No
First
Oct 26, 2007
Nov 2022

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$191,347
$472,653
71%
29%
$1,881/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,278/mo
+$302/mo
4.7%

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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