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$550,000

1623 Hyland Greens Dr, Grapevine, TX, 76051

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,801 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$305.39 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave
FlooringCarpet, Luxury Vinyl Plank, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesAwnings, Rain Gutters
Lot Size7,802 sqft

Building Information

Year Built1983
Stories1
Garage Spaces2

Land Information

APN21023-3-13
Lot Number13
SubdivisionHyland Greens Addition
Land UseResidential
Legal DescriptionHYLAND GREENS ADDITION BLOCK 3 LOT 13
Census Tract113710
Assessed Land Value$75,000
Assessed Improvement Value$310,000
Assessment Year2026

About this property

Exceptional opportunity in a spectacular setting! Direct backyard access to Horseshoe Trails, offering a rare combination of privacy, natural beauty, and outdoor lifestyle. Enjoy a peaceful backdrop of mature trees, established neighborhood and direct access to scenic trails along Lake Grapevine, perfect for hiking, biking DORBA trail network, pet-friendly paths on leash, and opportunities to spot local wildlife and shorebirds. Enjoy a sunset from the deck while dining under a retractable awning or star gaze from your private inground swimming pool. A bright, open floor plan with thoughtful updates, stylish finishes, and comfortable living spaces throughout. The inviting living room features a gas log fireplace while a built-in see-thru eating-serving bar and hutch combo add charm and functionality. A flexible front room provides versatility for a home office, music room, or additional living space. The updated eat-in kitchen is designed for both everyday living and entertaining, featuring abundant cabinetry and counter-top space, pantry, built-in features, range hood, large sink, stylish tile backsplash, and updated appliances The open-concept connection between the kitchen, dining and living room creates an inviting flow for gatherings and everyday living. The primary bedroom suite offers a sitting area and ensuite bathroom featuring dual vanities, tile flooring, separate walk-in shower, and walk-in closet. Both accessory bedrooms feature walk-in closets and versatile wall space. The private backyard features a covered patio, wood privacy fencing, in-ground swimming pool, grass and concrete deck areas. Visit the local nightlife and daytime ambiance of old and new downtown Grapevine, ride the historic Tarantula Train to Ft. Worth, take the TexRail to Dallas restaurants, or enjoy a weekend getaway to Great Wolf Lodge. Convenient access to major freeways and DFW airport. Click the Virtual Tour link to view the 3D walkthrough.

Investor Tools

$111,674Estimated Mortgage Balance
$409,518Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$718/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,008
$385,000
2026
$75,000
$310,000
$385,000
No

Tax History

Year
Tax Paid
Assessed Value
2026
$6,008
$385,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kristin Chu
Unknown
$118,175
No
First
Oct 16, 2023
Dec 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$111,674
$409,326
78%
21%
$709/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$709/mo
+$2,301/mo
6.9%

City: Grapevine

1623 Hyland Greens Dr | Property Details | No Agent List