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$625,000

1303 Airline Dr, Grapevine, TX, 76051

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,926 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$324.51 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesSome Gas Appliances, Dishwasher, Disposal, Gas Range, Plumbed For Gas
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters, Rv Hookup
Lot Size9,798 sqft

Building Information

Year Built1997
Stories1
Garage Spaces2

Land Information

APN38700-6-1
Lot Number1
SubdivisionSky Harbor Addition
Land UseResidential
Legal DescriptionSKY HARBOR ADDITION BLOCK 6 LOT 1
Census Tract113712
Assessed Land Value$68,586
Assessed Improvement Value$411,414
Assessment Year2026

About this property

Live in a move-in ready single-story home within walking distance of Historic Grapevine’s Main Street shopping and dining, and let the property help pay the mortgage. This 3-bedroom, 2-bath home on a corner lot in Grapevine-Colleyville ISD offers two income-producing opportunities while you live there: a full-hookup RV pad with water, sewer, and electric, and a fully updated guest house in the backyard, both currently rented. Prefer to keep them for yourself? The guest house works just as well as a home office, studio, or space for visiting guests, and the RV pad is ready for your own adventures. Inside, an open floorplan, updated flooring, and fresh paint throughout set a clean, bright tone. Gather around the gas fireplace on cooler evenings, and enjoy cooking in the updated kitchen. A spacious second living area offers room to spread out for movie nights, a game room, or a hobby space. The primary suite is a true retreat with an updated bath featuring a jetted tub and walk-in shower. Outside, practice your short game on the backyard putting green. Two carport spaces and no HOA round out the list. Spend evenings on Main Street for dinner, festivals, and local shops, with parks and major highways close by. Minutes from DFW International Airport. Buyer to verify all income and use.

Investor Tools

$0Estimated Mortgage Balance
$545,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,750 /month
Positive
Cash Flow Estimate:
$1,250 /month

Interested in this property?

Alisha Rosse

Real Broker, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$649/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,066
$480,000
2026
$68,586
$411,414
$480,000
No

Tax History

Year
Tax Paid
Assessed Value
2026
$5,066
$480,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$545,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
N/A
+$3,010/mo
6.6%

City: Grapevine

1303 Airline Dr | Property Details | No Agent List