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$1,800,000

705 N Main St, Grapevine, TX, 76051

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths4,760 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$378.15 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal
FlooringCeramic Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size25,352 sqft

Building Information

Year Built1948
Stories1
Garage Spaces2

Land Information

APNA 946-20A
SubdivisionLeonard, Archibald F Survey
Land UseResidential
Legal DescriptionLEONARD, ARCHIBALD F SURVEY ABSTRACT 946 TRACT 20A
Census Tract113714
Assessed Land Value$241,408
Assessed Improvement Value$532,073
Assessment Year2025

About this property

The gated Langley Estate is just a short walk from downtown Main Street. This extraordinary property is ideal for an extended or multigenerational family. The residence features 5 bedrooms, 5.5 baths, 3.5 kitchens, and two mother-in-law suites. A separate carriage and guest house includes a full kitchen, living area, bedroom, bath, and two-car garage, offering flexibility for guests or extended family. The original 1947 stone house is listed on the historic registry and blends historic character with thoughtful updates. Original oak hardwood floors have been meticulously restored. The living room features a floor-to-ceiling stone fireplace and custom handmade bar imported from Mexico. A long hallway leads to the updated primary suite with gas fireplace and spacious walk-in closet. The suite opens to a large living area ideal for a media or game room and includes a private sauna. Lush landscaping surrounds multiple outdoor living areas, extensive flagstone courtyards and pathways, a central courtyard with fountain, and more than 400 feet of outdoor lighting. Enjoy the heated pool and spa and separate pool house with kitchenette and bath. Additional features include a 50-year hail-resistant roof, parking for 10 cars, and RV parking with 30- and 50-amp service. A rare blend of charm, spacious living, resort-style amenities, and an exceptional location, the historical Langley Estate offers a truly unique opportunity in the heart of Grapevine.

Investor Tools

$2,347,161Estimated Mortgage Balance
$948,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,800 /month
Positive
Cash Flow Estimate:
$3,600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$564/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,031
$773,481
2025
$241,408
$532,073
$773,481
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,031
$773,481

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Longbridge Financial Llc
Reverse Mortgage / Hecm
$2,382,000
No
First
Dec 23, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,347,161
N/A
0%
248%
$14,282/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$14,282/mo
$-11,702/mo
3.3%

City: Grapevine