When was property at 503 North Main Street built and last sold?

The property at 503 North Main Street was built in 1956 and last sold on Jan 29, 2021 for $259,500.

How much is this home worth?

The estimated value of the home located at 503 North Main Street is $0.

What are some comparable homes to 503 North Main Street?

There are currently no comparable homes to 503 North Main Street.

Grapevine

76051

503 N Main Street

$300,000

● House - Off Market

503 N Main Street

Grapevine, TX 76051

3 Beds

0 Bath

1,254 Ft²

$2,389

Est. Monthly

6.55%

Cap Rate

About This Property

Great investment opportunity within walking distance to Main Street! Recently updated with LVT flooring throughout the home. The building in the back of the home can be used as storage building. Nestled on a corner lot with no sign in the yard. Currently tenant-occupied with a lease until March 1, 2025.

Unit Size

1,254 Ft²

Days on Market

Land Size

0.23 acres

Price per sqft

$310

Property Type

House

Property Taxes

$478

HOA Dues

Year Built

1956

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (NTREIS #20833943)

Price History

Date / Event	Date	Event
Apr 7, 2025	Sold	Premium
Sold
Feb 13, 2025	In contract	-
In contract
Feb 3, 2025	Listed by Chandler Ferguson Real Estate	$389,000
Listed by Chandler Ferguson Real Estate
Dec 11, 2024	Withdrawn	-
Withdrawn
Jul 2, 2024	Price Decreased	$399,000 ↓ $51K (11.3%)
Price Decreased
Jun 2, 2024	Listed by Chandler Ferguson Real Estate	$450,000
Listed by Chandler Ferguson Real Estate

	Great investment opportunity within walking distance to Main Street! Recently updated with LVT flooring throughout the home. The building in the back of the home can be used as storage building. Nestled on a corner lot with no sign in the yard. Currently tenant-occupied with a lease until January 2025.
May 31, 2024	No longer available	-
No longer available
May 30, 2024	Withdrawn	-
Withdrawn
May 9, 2024	Relisted	$485,000
Relisted
Apr 14, 2024	No longer available	-
No longer available
Apr 4, 2024	Listed by Respace	$485,000
Listed by Respace

	RARE opportunity to be on Main Street, just walking distance to downtown!! Beautiful corner lot with mature trees. Great investment home. Home has been updated with LVT floors throughout. Storage building in backyard with shelves, originally it was a green house. No sign in yard, tenant occupied. Lease expires January 31, 2025. The manager has listed the unit size as 1254 square feet.
Mar 7, 2024	Listed by Trinity Prairie Real Estate	$485,000
Listed by Trinity Prairie Real Estate

	RARE opportunity to be on Main Street, just walking distance to downtown!! Beautiful corner lot with mature trees. Great investment home. Home has been updated with LVT floors throughout. Storage building in backyard with shelves, originally it was a green house. No sign in yard, tenant occupied. Lease expires January 31, 2025.

Property Highlights

Building Info

Overview

General

Year Built: 1956

Effective Year Built: 1995
Building Count: 1
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 3
Building Quality: 7
Construction Type: 2
Building Style: 0
Exterior Walls Type: 2
Interior Walls Type: 0
Roof Shape Type: 8
Roof Cover Type: 0
Floor Count: 100
Living Units: 1
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: 10,019

Total Building Area: 1,254
Gross Building Area: 1,254
Building Area: 1,254
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 1,254
Heating Fuel Type: 3

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: LEONARD, ARCHIBALD F SURVEY
Land Acres: 0000000230
Standard Land Use Code: 1001
County Land Use Code: A1
State Land Use Code: A
Legal Description 1: LEONARD, ARCHIBALD F SURVEY ABSTRACT 946 TRACT 16E ABST 946 TRS 16E & 16E1

Neighborhood

School District Name: Grapevine-Colleyville Independent School District

School Tax School District: GRPVNE-CLLYVLE
Census Tract: 123200

Geography

Assessors Map Reference: 27-H

Account Number: 03998797
District: 011
Subdivision Tract Number: 16E
Parcel: 03998797
Municipality: GRAPEVINE
Latitude: 32.9449
Longitude: -97.078

Address

Full Address: 503 N Main St

Address - House Number: 503
Street Direction: N
Address - Street Name: Main
Address - Suffix Type: St
State: TX
City Name: Fort Worth
Carrier Code: C005
4-Digit Zip Code: 9508
Zip Code: 76164

Valuation

Tax

Tax Year: 2023

Tax Amount: $573,666
Tax Rate Code Area: 906

Appraisal Valuation

Standard Deviation: 0.2329

Valuation Date: Feb 21, 2024
Confidence Score: 67
Final Value: 337,585
High Value: 416,223
Low Value: 258,947

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Financing Type:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

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First Open Lien Mortgage Loan Type:

Premium

Market Valuation

Market Total Value: $342,195

Market Land Value: $140,000
Market Improvement Value: $202,195

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $342,195
Assessed Land Value: $140,000
Assessed Improvements Value: $202,195

Sales

Current Sale Contract Date: Jan 29, 2021

Current Sale Recording Date: Feb 08, 2021
Current Sale Price:

Premium
Current Sale Document Type: 70
Current Sale Input Document Number: D221034529
Previous Sale Recording Date: Jan 16, 2019
Previous Sale Contract Date: Sep 14, 2018
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Financing

First Mortgage Financing Type: VAR

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Grapevine

Stats & Trends

Median Asking:

$625,000

Sale Price/ft²

$265

Below Asking

0.02%

Average Days on Market

Average Home Size

2465 ft²

Average Home Age

35.4 years

Currently For Sale

87 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 1225 Eaton Lane, Grapevine, TX, 76051

$2,550 /mo

3 Beds
2 Baths
1,714 ft²

1225 Eaton Lane, Grapevine, TX, 76051 Listing by Johnny Williams

Unit for rent at 1206 Hillwood Way, Grapevine, TX, 76051

$2,500 /mo

3 Beds
2 Baths
1,625 ft²

1206 Hillwood Way, Grapevine, TX, 76051 Listing by Chelsea Holguin

Unit for rent at 1848 Sonnet Drive, Grapevine, TX, 76051

$2,750 /mo

3 Beds
2 Baths
1,832 ft²

1848 Sonnet Drive, Grapevine, TX, 76051 Listing by Vinay Bansal

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Sierra Maykus, Chandler Ferguson Real Estate
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20833943
Details provided by NTREIS and may not match the public record

503 N Main Street

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Grapevine

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions