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$339,000

904 W Texas Street, Grapevine, TX, 76051

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths936 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$320.51 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesGas Range, Microwave
FlooringCarpet, Vinyl

Exterior

Lot Size10,890 sqft

Building Information

Year Built1950
Stories1
Garage Spaces1

Land Information

APNA 518-9R03U
SubdivisionFoster, A Heirs Survey
Land UseResidential
Legal DescriptionFOSTER, A HEIRS SURVEY ABSTRACT 518 TRACT 9R03U U
Census Tract113712
Assessed Land Value$183,560
Assessed Improvement Value$103,759
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED! DEADLINE 10AM MONDAY 2-14 FOR ALL OFFERS! 1-story home on .25 acre lot w mature trees in an area experiencing recent revitalization. Take a peaceful stroll & unwind after a busy day at the Grapevine Botanical Gardens-Heritage Park just a half block away. Only a .5 mile walk to historic Downtown Grapevine w an array of shops, restaurants, wineries & entertainment events! The value is in the lot & the house, which is in need of major repair, can be modified or removed & a new home built, subject to City of Grapevine approval. Not in the Grapevine Historic District so fewer restrictions to remodel or build. The Grapevine Board of Zoning Adjustment has approved a variance for this property

Investor Tools

Property Icon
$339,000
Estimated Property Value
$0Estimated Mortgage Balance
$339,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,034 /month
Positive
Cash Flow Estimate:
$678 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$257/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,386
$287,319
2025
$183,560
$103,759
$287,319
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,386
$287,319

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$339,000
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
9.1%

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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904 W Texas Street | Property Details | No Agent List