








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Grapevine at 1017 Meadowbrook Dr, Grapevine, TX, 76051 priced at $350,000 converts $2,683/mo rent into $194/mo cash flow after a $1,713/mo obligation. Total monthly income equals $2,683/mo, and annual cash flow totals $2,330/yr on $116,025 invested. Return on cash invested prints 21.92% in year one, and rental yield reads 9.2% against a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,699 by year five. Five-year ROI reaches 114.86% and total cumulative return in cash sums $133,262. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,683/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 1969
6,621 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76051, Grapevine, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,607 (100%) |
| Owner Occupied HU | 11,323 (48.0%) |
| Renter Occupied HU | 11,128 (47.1%) |
| Vacant Housing Units | 1,156 ( 4.9%) |
| Median Home Value | $478,822 |
| Average Home Value | $525,786 |
Residential
23,210
Single Family
13,855
Multi-Family
9,355
Businesses
2,026
Date | Event | Price |
|---|---|---|
| 2025-05-21 | Listed for sale | $350,000 |
| 2024-11-21 | Listing removed | $385,000 |
| 2024-11-18 | Listed for sale | $385,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2016-05-21 | $213.80 | -68.62% | $168,813 | 138.68% |
| 2015-05-21 | $681.23 | N/A | $70,729 | -42.73% |
| 2014-05-21 | $681.23 | N/A | $123,500 | N/A |



Listed by: James Deal • Tri Bar Properties
Mls Name: NTREIS
Mls ID: #20943775
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.