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$1,100,000

3606 Labrador Bay, Grapevine, TX, 76051

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths4,005 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$274.66 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesSome Gas Appliances, Built In Gas Range, Built In Refrigerator, Double Oven, Dishwasher, Gas Cooktop, Disposal, Gas Water Heater, Microwave, Plumbed For Gas, Refrigerator, Tankless Water Heater, Warming Drawer, Washer, Wine Cooler

Exterior

Exterior FeaturesBalcony
Lot Size22,089 sqft

Building Information

Year Built1994
Stories1
Garage Spaces3

Land Information

APN23048D--6
Lot Number6
SubdivisionLabrador Bay Est
Land UseResidential
Legal DescriptionLABRADOR BAY EST LOT 6
Census Tract113707
Assessed Land Value$108,140
Assessed Improvement Value$742,028
Assessment Year2025

About this property

This heavily wooded, one half acre, one owner home feels like a Mediterranean villa perched on a hill with stunning views. It could easily be an artist’s retreat overlooking Grapevine Lake. Featuring 4 bedrooms, 3.5 bathrooms, two spacious upper-level covered patios with lake views, two living areas, and three fireplaces, it also offers a study, or exercise room, or craft room with serene outdoor views and a wall of cabinets. The large utility room has plenty of space for a freezer, while the open island kitchen boasts a Butler’s pantry, 5-burner stove top, double ovens, a warming drawer, and a wine refrigerator. The 3-car garage comes with shelving, a workbench, and two openers. Additional highlights include tankless water heaters and access to a neighborhood-owned private lake. Access to Grapevine Lake, historic downtown Grapevine, DFW Airport, excellent medical facilities and wonderful shopping and restaurants are close by. See 3D Virtual Tour in listing. All information deemed reliable but not guaranteed. Buyer and Buyer's agent should independently verify all information contained within this listing.

Investor Tools

$0Estimated Mortgage Balance
$1,157,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,942 /month
Positive
Cash Flow Estimate:
$2,314 /month

Interested in this property?

Andrew Wayne

Realty Professionals of Texas

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,516/month
$1,100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$850,168
2025
$108,140
$742,028
$850,168
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$850,168

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,157,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,190/mo
$1,100/mo
+$2,090/mo
3.3%

City: Grapevine

3606 Labrador Bay | Property Details | No Agent List