








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 2638 Tanglewood Dr, Grapevine, TX, 76051 listed at $450,000 pairs $3,954/mo rent with a $2,203/mo payment to leave $754/mo cash flow. Total monthly income runs $3,954/mo, and annual cash flow reaches $9,042/yr on $149,175 cash to close. Return on cash invested measures 25.97% in year one, and rental yield registers 10.54% at a $450,000 basis. Equity gained on principal adds $2,904/yr, and annual property appreciation at 5% supports $124,327 by year five. Five-year ROI tracks 136.56% and total cumulative return in cash totals $203,718. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,954/mo property income relative to a $2,203/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
0.29 Acres 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 |
|---|---|---|
| 2024-12-18 | Price change | $450,000 |
| 2024-12-05 | Listed for sale | $500,000 |
| 2020-04-16 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $2039.86 | -7.24% | $501,000 | -2.24% |
| 2023-12-27 | $2199.08 | -12.34% | $512,483 | 14.19% |
| 2022-12-27 | $2508.62 | 9.06% | $448,779 | 13.86% |



Listed by: James Hall • Real Estate 1
Mls Name: NTREIS
Mls ID: #20790953
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