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$431,609

NAL Estimated Property Value

831 Heather Wood Drive, Grapevine, TX, 76051

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,325 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$309.43 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListHigh EquityCash BuyersMove-In Ready

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
FlooringCeramic Tile, Laminate

Exterior

Lot Size7,309 sqft

Building Information

Year Built1982
Stories1
Garage Spaces2

Land Information

APN47715-N-17
Lot Number17
SubdivisionWoods Addition, The (Gpv)
Land UseResidential
Legal DescriptionWOODS ADDITION, THE (GPV) BLOCK N LOT 17
Census Tract113716
Assessed Land Value$90,000
Assessed Improvement Value$341,609
Assessment Year2025

About this property

UPDATE-4-26.MULTIPLE OFFERS have been received. Please submit the highest and best by Saturday, April 30th 8 pm. The seller will make a decision on Sunday. Charming ranch-style home right in the middle of beautiful Grapevine, Texas. Recently remodeled kitchen, all new paint, brand new hardware, and doors. Vaulted ceilings, granite countertops, smart home systems, updated vanities and so much more. Walking distance from the fabulous Gaylord Texan, Great Wolf Lodge, and the amazing downtown Grapevine. Just seconds from DFW airport. If you love entertainment and fun then this house is for you. Whether it's drinking your coffee in your beautifully landscaped backyard or taking in a concert in downtown Grapevine, this house will fit all your needs.

Investor Tools

Property Icon
$431,609
Estimated Property Value
$0Estimated Mortgage Balance
$431,609Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,590 /month
Positive
Cash Flow Estimate:
$863 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$305/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,505
$431,609
2025
$90,000
$341,609
$431,609
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,505
$431,609

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$431,609
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
N/A
+$2,580/mo
7.2%

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.

Explore Texas Explore This Area
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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831 Heather Wood Drive | Property Details | No Agent List