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$459,000

2840 Southridge Dr, Grapevine, TX, 76051

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,726 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$265.93 / sqft
Year BuiltBuilt in 1978

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
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop
FlooringTile

Exterior

Exterior FeaturesRain Gutters, Private Yard, Storage
Lot Size8,843 sqft

Building Information

Year Built1978
Stories1
Garage Spaces2

Land Information

APN30385-13-7
Lot Number7
SubdivisionOak Creek Estates
Land UseResidential
Legal DescriptionOAK CREEK ESTATES BLOCK 13 LOT 7
Census Tract113635
Assessed Land Value$101,550
Assessed Improvement Value$291,491
Assessment Year2025

About this property

Beautifully updated and immaculately cared for, this Grapevine gem offers the perfect blend of style, comfort, and everyday living. The open floor plan creates an inviting flow throughout the main living spaces, complemented by thoughtful updates including wood-look tile flooring throughout, elegant quartz countertops, and a well-appointed kitchen featuring a gas cooktop and plenty of counter and cabinet space. Open to the inviting living area offering a cozy gas-log fireplace, while the wet bar is perfect for entertaining. Step outside to a truly private backyard shaded by mature trees, creating a peaceful and relaxing outdoor retreat. The established trees provide wonderful shade and a beautiful natural backdrop, making the backyard an ideal place to enjoy morning coffee, unwind after a long day, or gather with family and friends. The private setting offers a sense of seclusion that is hard to find, while still providing plenty of space to enjoy the outdoors. A storage shed with its own slab remains with the property, providing valuable extra storage or workspace. Located in the highly sought-after Grapevine-Colleyville ISD, this meticulously maintained home is move-in ready and offers the updates, flexible living space, and desirable location today's buyers are looking for. Just minutes from historic downtown Grapevine and Lake Grapevine, this wonderful home offers the opportunity to enjoy all that Grapevine has to offer while coming home to your own peaceful retreat. A wonderful opportunity to call Grapevine home!

Investor Tools

$228,129Estimated Mortgage Balance
$212,871Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,754 /month
Positive
Cash Flow Estimate:
$918 /month

Interested in this property?

Monica Wofford

Wofford Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$698/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,168
$393,041
2025
$101,550
$291,491
$393,041
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,168
$393,041

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$251,250
No
First
Nov 4, 2021
Dec 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$228,129
$212,871
48%
52%
$1,507/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,507/mo
+$1,073/mo
7.0%

City: Grapevine