$621,176
RENTED MAY 8, 2025

503 Drexel Dr Grapevine, TX 76051

4 Beds
3.5 Baths
2,525 Sq Ft
$246 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Granite Countertops
  • Cannon Elementary School Rated A
  • Corner Lot
  • 5-minute walk to Heritage Park

About This Home

As of May 2025

Nestled in the Historic District of Grapevine, revel in the charm of this 4-2.5-2 property where your dream home awaits. This 2,525 sq ft residence unfolds with two spacious living rooms and four bedrooms, offering ample space for relaxation. With two full bathrooms and an additional half bath, convenience is at your fingertips for both family and friends. The open layout is ideal for entertaining or simply enjoying quiet moments. The kitchen with its copper ceiling adds winsome character to this 1960’s dwelling. Unwind in the adorable master bath showcasing a soaking clawfoot tub and seamless glass shower. The property's superb location in Grapevine provides easy access to local amenities, dining and nightlife. Experience the perfect balance of charm and functionality, tailored for modern living. Come and discover a place that feels like home!

Last Agent to Rent the Property

Ford Butler

Ford Butler Property Mgmt LLC License #0566966 Listed on: 04/16/2025

Last Renter's Agent

Vincent Purgason

Fathom Realty License #0724800

Fathom Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,963

Year Built

  • Built in 1962

Lot Details

  • 0.31 Acre Lot
  • Wood Fence
  • Corner Lot
  • Few Trees
  • Lawn
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Home Design

  • Traditional Architecture
  • Wood Siding
  • Block Exterior

Interior Spaces

  • 2,525 Sq Ft Home
  • 1.5-Story Property
  • Woodwork
  • Ceiling Fan
  • Decorative Lighting
  • Gas Fireplace
  • Fire and Smoke Detector

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in Utility Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Rain Gutters

Schools

  • Cannon Elementary School
  • Grapevine High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet

Community Details

  • Dellwood Acres Add Subdivision

Listing and Financial Details

  • Residential Lease
  • Property Available on 4/16/25
  • Tenant pays for all utilities, grounds care, insurance
  • Legal Lot and Block 1 / 3
  • Assessor Parcel Number 00701998

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,963

Year Built

Built in 1962

Lot Details

0

Parking

2

Rental Info

  • PetsAllowed: Breed Restrictions, Cats OK, Dogs OK, Number Limit, Pet Restrictions
  • Tenant Pays: All Utilities, Grounds Care, Insurance
  • Available Date: 2025-04-16

Listing Details

  • OWNERNAME: On File
  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional, Detached
  • Unit Levels: One and One Half
  • Security: Smoke Detector(s)
  • Year Built Details: Preowned
  • Co List Office Mls Id: FBPM00FW
  • Structure Type: House
  • PetsAllowedYN: Yes
  • MaximumNumberOfPets: 2
  • Special Features: VirtualTour
  • Year Built: 1962

Interior Features

  • Square Footage: 2525.0
  • Fireplace Features: Gas
  • Interior Amenities: Decorative/Designer Lighting Fixtures, Granite Counters, High Speed Internet, Kitchen Island, Natural Woodwork, Walk-In Closet(s)
  • Flooring: Tile, Wood
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave
  • Basement YN: No
  • Fireplaces: 1

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Fencing: Back Yard, Wood
  • Construction Materials: Block, Wood Siding
  • Exterior Features: Rain Gutters
  • Pool Features: None

Garage/Parking

  • Cooling System: Central Air, Ceiling Fan(s), Electric
  • Garage Spaces: 2.0
  • Total Covered Spaces: 2.0
  • Parking Features: Garage, Garage Faces Side
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Electric, Natural Gas
  • LaundryFeatures: Washer Hookup, Electric Dryer Hookup, Laundry in Utility Room
  • Utilities: Sewer Available, Water Available
  • Heating Yn: Yes

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Features: Back Yard, Corner Lot, Lawn, Few Trees
  • Lot Size Units: Acres
  • Lot Size Area: 0.311
  • Parcel Number: 00701998
  • Lot Size Acres: 0.311
  • Lot Size Sq Ft: 13547.16

Building Info

  • Year Built: 1962

Tax Info

  • TaxBlock: 3
  • Tax Lot: 1

MLS Schools

  • MiddleOrJuniorSchool: Grapevine

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2014
Sold by
Graham Sharon and Russell Graham J
Bought by
Clark Raymond Matthew and Clark Megan Elizabeth
Current Estimated Value
$621,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Outstanding Balance
$119,024
Interest Rate
4.36%
Mortgage Type
New Conventional
Estimated Equity
$502,152

Purchase Details

Closed on
Apr 15, 2002
Sold by
Davis Sherman and Davis Carolyn F
Bought by
Graham Sharon and Russell Graham J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,650
Interest Rate
7.75%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Clark Raymond Matthew -- None Available
Graham Sharon -- Lone Star Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Raymond Matthew $156,000
Previous Owner Graham Sharon $139,650
Closed Graham Sharon $34,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2025 05/08/25 Rented -- -- --
05/05/2025 05/05/25 Under Contract -- -- --
04/16/2025 04/16/25 For Rent $3,300 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

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 $2,963 $618,197 $93,725 $524,472
2024 $2,963 $618,197 $93,725 $524,472
2023 $8,582 $511,917 $62,200 $449,717
2022 $8,294 $418,630 $62,200 $356,430
2021 $6,110 $281,000 $62,200 $218,800
2020 $6,181 $281,000 $62,200 $218,800
2019 $6,408 $281,000 $62,200 $218,800
2018 $1,409 $237,069 $62,200 $174,869
2017 $5,514 $238,435 $62,200 $176,235
2016 $5,761 $249,132 $62,200 $186,932
2015 $3,443 $203,933 $50,000 $153,933
2014 $3,443 $150,100 $50,000 $100,100
Source: Public Records

Agents Affiliated with this Home

  • Ford Butler

    Landlord's Agent in 2025

    Ford Butler

    Ford Butler Property Mgmt LLC

    (469) 242-7717

    1 Total Sale

    Ford Butler
    Section Image

  • V

    Tenant's Agent in 2025

    Vincent Purgason

    Fathom Realty

    (469) 693-2290

    10 Total Sales

    Vincent Purgason
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20904805

North Texas Real Estate Information Systems (NTREIS)

APN: 00701998

Texas Tarrant County Grapevine 76051

503 Drexel Dr, Grapevine, TX

This home is located at 503 Drexel Dr, Grapevine, TX 76051 since 16 April 2025 and is currently priced at $621,176. This property was built in 1962. 503 Drexel Dr is a home located in Tarrant County with nearby schools including Cannon Elementary School, Grapevine Middle, and Grapevine High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

North Texas Real Estate Information Systems (NTREIS) Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved

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