tomo logo

$399,000

Beds
3
Baths
1.0
sq ft
1,254

503 N Main St, Grapevine, TX 76051

503 N Main St

Grapevine, TX 76051

  • 123 days on market
    • Price drop $51,000↓
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.

Details

Property type

Single Family Residence

Est. home value

$399,330

Lot size

0.23 acres

Price per sq ft

$319

Year built

1956

Annual property taxes

$5,737

Price History

07/01/2024
NTREIS

NTREIS #20633770

Price change
$399,000
-11.33%
06/03/2024
NTREIS

NTREIS #20633770

Listed
$450,000
05/30/2024
NTREIS

NTREIS #20555170

Removed

Schools & Community

Elementary school: 

Silver Lake

Middle school: 

Grapevine

High school: 

Colleyville Heritage

School district: 

Grapevine-Colleyville ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Susser Bank

Loan start date

August 2022

Original loan amount

$1,038,000

Est. remaining balance

Not provided

Interest rate

6.5%

Loan type

Commercial

Seller

Km Properties Incorporated

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 10/04/2024 at 11:20 PM

Listing updated: 08/10/2024 at 12:10 PM

Listed by: Sierra Maykus, Chandler Ferguson Real Estate Phone #: (817) 267-1009

MLS: NTREIS #20633770

NTREIS logo

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