








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


Investment property for sale in Grapevine at 2138 Sierra Dr, Grapevine, TX, 76051 uses $137,573 cash to close to unlock $3,781/yr annual cash flow and $315/mo monthly cash flow. Total monthly income runs $3,266/mo, and a $2,031/mo payment keeps the spread at $315/mo. Purchase price stands at $415,000, and rental yield measures 9.44% with $3,266/mo rent. Return on cash invested shows 22.66% in year one, and 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 118.82% and total cumulative return in cash records $163,461. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,266/mo property income covering a $2,031/mo payment rather than investor’s personal income.
Single Family
Built in 1978
9,583 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 |
|---|---|---|
| 2025-08-01 | Listed for sale | $415,000 |
| 2025-06-04 | Listing removed | $421,500 |
| 2025-05-08 | Price change | $421,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-01 | $947.61 | -4.91% | $439,242 | 8.33% |
| 2023-08-01 | $996.53 | N/A | $405,460 | 17.37% |
| 2022-08-01 | N/A | N/A | $345,457 | 7.77% |



Listed by: Nick Good • EXP REALTY
Mls Name: NTREIS
Mls ID: #21004297
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.