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Grapevine 76051
305 Harmony Hill Road
$555,000
● House - Off Market

305 Harmony Hill Road

Grapevine, TX 76051
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
3,372 Ft²
$850,295
RealtyHop Estimate
49.44%
Since Mar 1, 2020
TX-Dallas
Primary Model

About This Property

WELCOME HOME to your exquisite retreat in the Glade Hill Community and located within the highly rated Grapevine Colleyville ISD! Great open floorplan with hand scarped hardwood floors, stone fireplace, and outdoor living space. Kitchen has quartz countertops, ss appliances, large island with breakfast bar, 5 burner gas cooktop, & walk-in pantry. Master bedroom and bath, laundry room (attached to Master closet), half bath, and office are on the first level. Large gameroom with wet bar, media room, three additional bedrooms, and two bathrooms complete the second level.

This home has easy access to HWY 114, 121, and 360, just minutes away from Southlake Town Square and historic downtown Grapevine.
Unit Size
3,372 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$169
Property Type
House
Property Taxes
$980
HOA Dues
$75
Year Built
2017

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Cap Rate Calculator

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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: 3 years ago (NTREIS #14258182)

Price History

Date / Event Date Event Price
Feb 28, 2020 Sold
Premium
Sold
Jan 12, 2020 Listed by Carla Trimber Realty Partners $569,000
Listed by Carla Trimber Realty Partners

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 1
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,176
  • Total Building Area: 3,401
  • Gross Building Area: 3,401
  • Building Area: 3,401
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,401
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GLADE HILL
  • Land Acres: 0000000257
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A
  • Legal Description 1: GLADE HILL BLOCK 5 LOT 10A1

Neighborhood

  • School District Name: Grapevine-Colleyville Independent School District
  • School Tax School District: GRPVNE-CLLYVLE
  • Census Tract: 113709

Geography

  • Assessors Map Reference: MAP 2126-440
  • Account Number: 42124954
  • District: 011
  • Parcel: 42124954
  • Block: 5
  • Lot: 10
  • Municipality: GRAPEVINE
  • Latitude: 32.8814
  • Longitude: -97.0778

    Address

  • Full Address: 305 Harmony Hill Rd
  • Address - House Number: 305
  • Address - Street Name: Harmony Hill
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Grapevine
  • Carrier Code: R044
  • 4-Digit Zip Code: 1135
  • Zip Code: 76051

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $924,822
  • Initial Tax Delinquent Year: 2016
  • Tax Rate Code Area: 906

    Appraisal Valuation

  • Standard Deviation: 0.1991
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 679,667
  • High Value: 815,044
  • Low Value: 544,289

    Market Valuation

  • Market Total Value: $728,000
  • Market Land Value: $115,000
  • Market Improvement Value: $613,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $728,000
  • Assessed Land Value: $115,000
  • Assessed Improvements Value: $613,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 28, 2020
  • Current Sale Recording Date: Mar 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: D220051022
  • Previous Sale Recording Date: May 17, 2017
  • Previous Sale Contract Date: May 12, 2017
  • Previous Sale Amount: $540,100
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Grapevine

Stats & Trends

Median Asking:

$625,000

Sale Price/ft²

$265

Below Asking

0.02%

Average Days on Market

48

Average Home Size

2448 ft²

Average Home Age

34.8 years

Currently For Sale

90 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 305 Westover Drive, Euless, TX, 76039

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,528 ft²
305 Westover Drive, Euless, TX, 76039 Listing by Mike Ziober

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Jeremy Scott, Carla Trimber Realty Partners
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14258182
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 305 Harmony Hill Road built and last sold?
The property at 305 Harmony Hill Road was built in 2017 and last sold on Feb 28, 2020 for $555,000.
How much is this home worth?
The estimated value of the home located at 305 Harmony Hill Road is $0.
What are some comparable homes to 305 Harmony Hill Road?
There are currently no comparable homes to 305 Harmony Hill Road.
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