$597,000
●
House -
Off Market
202 Ivy Glen Drive
Grapevine, TX 76051
3 Beds
2 Baths
1,778 Ft²
$2,990
Est. Monthly
$59
HOA / Fees
About This Property
Located just south of Grapevine Lake in a small community, this
adorable home is bathed with natural light inside and offers an
open floorplan but with privacy featuring the primary suite on its
own side of the house. In the middle of a well kept interior
street, this home has impressive drive up appeal from the moment
you enter the community all the way up to the front porch. Ovesized
back yard can act as an additional living and entertaining area and
is fully fenced with extensive landscape lighting. Front porch
offers a wide relaxing area to the side. Roomy granite kitchen is
open to living room, breakfast area, and sunroom creating a
spacious and flexible layout. Stunning sunroom visually connects
living area to the lush back yard and features cathedral ceilings.
Primary suite has remodeled bath and large walk-in closet. Attached
garage features additional area for storage and is attached to
house with passage through laundry if a mudroom is desired. Recent
updates include roof, baths, and multiple improvements around the
home.
Unit Size
1,778 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$336
Property Type
House
Property Taxes
-
HOA Dues
$59
Year Built
2000
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 7 months ago (NTREIS #21185324)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 12, 2026 | Sold | ||
| Sold | |||
| Feb 26, 2026 | In contract | - | |
| In contract | |||
| Feb 19, 2026 | Listed by Berkshire HathawayHS PenFed TX | $597,000 | |
| Listed by Berkshire HathawayHS PenFed TX | |||
| Oct 12, 2022 | Sold | ||
| Sold | |||
| Sep 8, 2022 | Listed by RE/MAX DFW Associates | $499,000 | |
| Listed by RE/MAX DFW Associates | |||
| | |||
|
OFFER DEADLINE 9-13 at 9PM. MULTIPLE OFFERS. Beautiful split floorplan home tucked away in desirable Silver Lake neighborhood. So many great features to enjoy! Wood floors through the main living areas and tile in the updated kitchen. Spectacular sunroom is the highlight of this home and overlooks the landscaped back yard. Flagstone patio is perfect for entertaining among the trees and privacy fence. Primary bedroom boast large closet and spacious ensuite bathroom. Come settle into your new home close to all that Grapevine has to offer- Main St, Grapevine Lake, parks, dining, shopping as well as easy access to Dallas and Fort Worth. Don't miss your chance on this one!
| |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Silver Lake
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Listed by: Philip Hobson, Berkshire HathawayHS PenFed TX
Last Updated: 7 months ago
Data Source: NTREIS MLS, MLS# 21185324
Details provided by NTREIS and may not match the public record
Last Updated: 7 months ago
Data Source: NTREIS MLS, MLS# 21185324
Details provided by NTREIS and may not match the public record
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