$750,000
$150K PRICE DROP

424 E Worth St Unit 422-24 Grapevine, TX 76051

Estimated payment $4,562/month

Total Views 12,277
6 Beds
3 Baths
2,370 Sq Ft
$316 Price per Sq Ft

Highlights

  • Direct Access Garage
  • Skylights
  • 1-Story Property
  • Cannon Elementary School Rated A
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

Owner financing available! Own a piece of Historic Downtown Grapevine! This Tri-plex is within walking distance of Grapevine’s renowned restaurants, shops, wineries, and more. Each unit features 2 bedrooms, 1 full bath, a kitchen, and spacious living and dining areas. Outside, you'll find 6 parking spaces, a community laundry area, and a large fenced backyard. All units but 1 (we are getting it ready to be leased) are currently leased and ready for you to take over!

Listing Agent

Rejeani Campbell

R Campbell Realty LLC Brokerage Phone: 469-396-7160 License #0576021 Listed on: 07/21/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,631

Year Built

  • Built in 1945

Lot Details

  • 0.32 Acre Lot
  • Wood Fence
  • Few Trees

Home Design

  • Triplex
  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Skylights
  • Window Treatments
  • Fire and Smoke Detector

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • Direct Access Garage
  • Driveway

Schools

  • Cannon Elementary School
  • Colleyville Heritage High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block E40 / 33
  • Assessor Parcel Number 01091786

Community Details

Overview

  • 3 Units
  • 2,370 Sq Ft Building
  • Grapevine City Of Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Gross Income $45,435
  • Net Operating Income $35,525

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,631

Year Built

Built in 1945

Lot Details

0

Listing Details

  • OWNERNAME: taxes
  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Unit Levels: One
  • Security: Smoke Detector(s)
  • Year Built Details: Preowned
  • Attribution Contact: 469-396-7160
  • CapRate: 4.74
  • Co List Office Mls Id: RRCR01
  • Special Features: VirtualTour
  • Year Built: 1945

Interior Features

  • Windows: Skylight(s), Window Coverings
  • Interior Amenities: High Speed Internet, Cable TV
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Appliances: Dishwasher, Disposal
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 6

Exterior Features

  • Foundation: Pillar/Post/Pier
  • Community Features: Laundry Facilities
  • Fencing: Wood
  • Roof: Composition
  • Pool Features: None

Garage/Parking

  • Cooling System: Central Air, Electric
  • Parking Features: Direct Access, Driveway
  • GarageYN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Central
  • Utilities: Sewer Available, Water Available, Cable Available
  • Heating Yn: Yes

Schools

  • Elementary School: Cannon
  • High School: Colleyville Heritage
  • Junior High Dist: Grapevine-Colleyville ISD

Lot Info

  • Lot Features: Few Trees
  • Lot Size Units: Acres
  • Lot Size Area: 0.324
  • Parcel Number: 01091786
  • Lot Size Acres: 0.324
  • Lot Size Sq Ft: 14113.44

Building Info

  • Year Built: 1945
  • Units Total: 3
  • SeniorCommunityYN: No

Multi Family

  • Insurance Expense: 10424.0
  • Annual Gross Income: 45435.0
  • Property Net Operating Income: 35525.0

Tax Info

  • TaxBlock: 33
  • Tax Lot: E40
  • Tax Annual Amount: 7631.0

MLS Schools

  • MiddleOrJuniorSchool: Heritage

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,235 $384,831 $196,400 $188,431
2024 $2,235 $463,373 $196,400 $266,973
2023 $7,683 $458,281 $216,378 $241,903
2022 $10,088 $509,201 $216,378 $292,823
2021 $6,953 $319,794 $180,001 $139,793
2020 $7,034 $319,794 $180,001 $139,793
2019 $7,293 $319,794 $180,000 $139,794
2018 $2,032 $341,854 $180,000 $161,854
2017 $7,937 $343,226 $180,000 $163,226
2016 $3,770 $163,020 $64,740 $98,280
2015 $2,448 $126,830 $28,200 $98,630
2014 $2,448 $106,700 $28,200 $78,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2025 10/20/25 Price Changed $750,000 -16.7% $316 / Sq Ft
07/21/2025 07/21/25 For Sale $900,000 -- $380 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Capital Title
Warranty Deed -- Freedom Title
Warranty Deed -- None Available
Vendors Lien -- Rtc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $400,000 Purchase Money Mortgage
Previous Owner $73,799 Purchase Money Mortgage
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20973852

North Texas Real Estate Information Systems (NTREIS)

APN: 01091786