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$375,000

931 S Church St, Grapevine, TX, 76051

$487,500 ARVInfo
Off MarketInfo
CommercialInfo
Baths0 Bath
Baths2,086 Sq Ft
OfficeOffice
Year BuiltBuilt in 1950

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringCeramic Tile, Laminate

Exterior

Lot Size12,628 sqft

Building Information

Year Built1950

Land Information

APNA 422-20A
SubdivisionDooley, William Survey
Land UseCommercial
Legal DescriptionDOOLEY, WILLIAM SURVEY ABSTRACT 422 TRACT 20A
Census Tract113712
Assessed Land Value$78,950
Assessed Improvement Value$296,050
Assessment Year2025

About this property

Beautifully updated office building one block off of Main St. & Dallas Rd. in the heart of Grapevine! The interior features 4 offices, reception area, conference room, 2 restrooms & a full kitchen. Recently updated laminate flooring, new windows and doors, fresh interior and exterior paint, upgraded kitchen cabinets, countertops & appliances, and updated landscaping. HVAC approx. 7 years old. Gated parking lot on property with 11 dedicated parking spots & canopy cover for half of the lot for shaded parking. One office has separate entrance from parking lot. Beautiful curb appeal & fantastic location! Minutes from DFW airport, major highways, shopping, dining & retail. Owner is interested in selling or leasing. This property is co-listed with Jonte Freed.

Investor Tools

Property Icon
$375,000
Estimated Property Value
$336,000Estimated Mortgage Balance
$101,809Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$487,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$293/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,640
$375,000
2025
$78,950
$296,050
$375,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,640
$375,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Republic Bank Na
Commercial
$336,000
No
First
May 31, 2017
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$273,191
$101,809
27%
73%
$2,015/mo

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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931 S Church St | Property Details | No Agent List