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$975,000

956 Water Oak Dr, Grapevine, TX, 76051

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths4,063 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$239.97 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size10,084 sqft

Building Information

Year Built2004
Stories2
Garage Spaces3

Land Information

APN38602C-3-19
Lot Number19
SubdivisionSilver Lake Estates Addition
Land UseResidential
Legal DescriptionSILVER LAKE ESTATES ADDITION BLOCK 3 LOT 19
Census Tract113714
Assessed Land Value$150,000
Assessed Improvement Value$632,000
Assessment Year2025

About this property

Welcome to a stunning Grapevine home designed for effortless entertaining and comfortable everyday living. The sparkling pool features a separate spa and beautiful waterfall feature, complemented by a low maintenance deck with railing and mature trees that create a private outdoor retreat. Step inside to discover an impressive curved staircase and a charming brick butler's pantry. The gourmet kitchen is a chef's dream with granite countertops, stainless steel appliances, tile backsplash, and a spacious island. The living area showcases vaulted ceilings, built in shelving, and a brick gas log fireplace that creates a warm and inviting gathering space. The spacious primary suite offers a bay window overlooking the pool, trayed ceilings, crown molding, and a luxurious bathroom with extended dual vanities, an oversized walk in shower, relaxing tub, and generous walk in closet. A private office with French doors provides an ideal work from home space, while the large upstairs game room offers plenty of room for recreation and entertaining. The garage includes valuable extra storage space for added convenience. Ideally located near Grapevine Lake and all that Grapevine has to offer, this exceptional home combines style, comfort, and an enviable location. Come see all this beautiful home has to offer and schedule your private showing today!

Investor Tools

$246,547Estimated Mortgage Balance
$737,453Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,904 /month
Positive
Cash Flow Estimate:
$1,968 /month

Interested in this property?

Chandler Crouch

Chandler Crouch, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$656/month
$470/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,949
$782,000
2025
$150,000
$632,000
$782,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,949
$782,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ntfn Inc
Conventional
$373,000
No
First
Feb 28, 2012
Mar 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$246,547
$737,453
74%
25%
$2,237/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,190/mo
$2,707/mo
+$483/mo
3.9%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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