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$549,000

969 Water Oak Dr, Grapevine, TX, 76051

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,261 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$168.35 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Plumbed For Ice Maker, Wine Cooler
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size12,706 sqft

Building Information

Year Built2004
Stories2
Garage Spaces2

Land Information

APN38602C-2-4
Lot Number4
SubdivisionSilver Lake Estates Addition
Land UseResidential
Legal DescriptionSILVER LAKE ESTATES ADDITION BLOCK 2 LOT 4
Census Tract113714
Assessed Land Value$150,000
Assessed Improvement Value$455,128
Assessment Year2025

About this property

Live your dream in this beautifully updated home on a large culdesac lot in Silver Lake Estates. Surround yourself with updates, great schools & a short drive to charming Main. You are welcomed by a friendly front porch which invites you for a sit & sip. Inside you are greeted with gleaming HW flrs soaring ceilings & an open floorplan. The open kitchen is finished with exotic stone white cabinets gas cooktop ss apps & WI pantry. The 1st flr Master Suite has been completely renovated including master bath renovation & custom closet. Upstairs is delightfully updated with refreshed bathrooms carpeting & paint. Multiple offers have been received & Sellers are requesting all offers not later than Sunday evening.

Investor Tools

Property Icon
$770,000
Estimated Property Value
$381,977Estimated Mortgage Balance
$419,215Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,620 /month
Positive
Cash Flow Estimate:
$1,540 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$566/month
$295/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,940
$605,128
2025
$150,000
$455,128
$605,128
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,940
$605,128

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$381,977
No
First
Jan 13, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$350,785
$419,215
54%
46%
$2,291/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,190/mo
$2,586/mo
+$604/mo
5.0%

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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969 Water Oak Dr | Property Details | No Agent List