$369,000
1916 Cheshire Dr, Grapevine, TX, 76051
Under Contract
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesDishwasher, Electric Range, Disposal, Microwave
FlooringConcrete
Exterior
Lot Size6,242 sqft
Building Information
Year Built1995
Stories1
Garage Spaces2
Land Information
APN42402J-3-17
Lot Number17
SubdivisionTown Park Addition Ph Ii
Land UseResidential
Legal DescriptionTOWN PARK ADDITION PH II BLOCK 3 LOT 17
Census Tract113635
Assessed Land Value$71,650
Assessed Improvement Value$253,350
Assessment Year2025
About this property
**Coming Soon!** A rare opportunity to own a beautifully maintained, one-owner home in excellent condition. Lovingly cared for over the years, this home offers timeless appeal and a wonderful opportunity for its next owner. More details coming soon!
Investor Tools
$336,671Estimated Mortgage Balance
$119,329Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,736 /month
Positive
Cash Flow Estimate:
$912 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$346/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,872
$325,000
2025
$71,650
$253,350
$325,000
No
Tax History
Year
Tax Paid
Assessed Value
2026
$1,872
$325,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aspire Financial Inc
Reverse Mortgage / Hecm
$405,000
No
First
Feb 16, 2018
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$336,671
$119,329
26%
74%
$2,036/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$2,036/mo
+$974/mo
7.9%
