5314 Meritage Ln Unit 4 Grapevine, TX 76051
Estimated payment $7,016/month
Total Views
2,570
5
Beds
3.5
Baths
3,844
Sq Ft
$312
Price per Sq Ft
Highlights
- Cabana
- Open Floorplan
- Traditional Architecture
- Grapevine Elementary School Rated A
- Vaulted Ceiling
- Wood Flooring
About This Home
Do you want to live in luxury and style? Then come home to 5314 Meritage Lane. This stunning perfectly laid out property evokes elegance with comfortable living. Nestled in the center of a quiet cul-de-sac it offers a retreat at the end of your day and a resort style backyard for endless entertaining. Upon entry is the private office with a door across from the dining room. You'll notice light neutral paint throughout that perfectly compliments the wood floors. You don't have to be a Sommelier to appreciate a wine room and dry bar w upgraded lighting. Yes, please! Calling all foodies as this gourmet kitchen offers top of the line appliances including a Wolf gas cooktop, convection oven, new dishwasher, granite counters, extended backsplash, pot rack and island. Need a sanctuary to unwind? Your first level primary suit is calling with ample space and a spa-like remodeled bathroom from the floors up! The shower includes multiple heads with a decorative tub to keep you warm while you relax. Highlighting the remodeled Closet Envy large walk in closet, so you don't have to stop buying shoes! In addition is another nice sized walk in closet with dresser. Upstairs you'll discover a huge living or game or play room with access to a covered balcony, 2 bedrooms on each side and two full baths complete the exceptional layout. Movie and sports fans, lets go! Enjoy your shows comfortably and cheer on your favorite teams in your fabulous media room with surround sound and decorative lighting. When the shows over escape to your salt water heated pool and enjoy BBQ's in your outdoor kitchen under your cabana. End your evening around a cozy firepit and let the day melt away. Take a drive by in the evening to admire the upgraded decorative lighting that puts the shine on this one of a kind property. Notable items include surround sound throughout the property, new pool pump, fenced AC units, remodeled baths and more. The seller spared no cost in upgrades to an already stunning home!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,463
Year Built
- Built in 2004
Lot Details
- 10,106 Sq Ft Lot
- Cul-De-Sac
- Wrought Iron Fence
- Wood Fence
- Private Yard
- Garden
HOA Fees
- $42 Monthly HOA Fees
Parking
- 3 Car Garage
- 1 Attached Carport Space
- Garage Door Opener
- Driveway
Home Design
- Traditional Architecture
- Mediterranean Architecture
- Slab Foundation
- Spanish Tile Roof
- Stone Siding
- Stucco
Interior Spaces
- 3,844 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Sound System
- Wired For A Flat Screen TV
- Built-In Features
- Dry Bar
- Vaulted Ceiling
- Decorative Lighting
- Gas Log Fireplace
- Window Treatments
- Living Room with Fireplace
- Loft
Kitchen
- Eat-In Kitchen
- Convection Oven
- Plumbed For Gas In Kitchen
- Gas Cooktop
- Commercial Grade Vent
- Dishwasher
- Wine Cooler
- Kitchen Island
- Granite Countertops
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- Double Vanity
Laundry
- Laundry in Utility Room
- Full Size Washer or Dryer
- Washer Hookup
Pool
- Cabana
- Heated Pool and Spa
- Heated In Ground Pool
- Gunite Pool
- Outdoor Pool
- Waterfall Pool Feature
- Pool Pump
Outdoor Features
- Balcony
- Covered patio or porch
- Outdoor Living Area
- Outdoor Kitchen
- Fire Pit
- Exterior Lighting
- Attached Grill
Schools
- Grapevine Elementary School
- Heritage Middle School
- Colleyville Heritage High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Underground Utilities
- Individual Gas Meter
- High Speed Internet
- Cable TV Available
Community Details
- Association fees include ground maintenance, management fees
- Meritage HOA, Phone Number (903) 491-9458
- Meritage Add Subdivision
- Mandatory home owners association
Listing and Financial Details
- Legal Lot and Block 10 / 1R
- Assessor Parcel Number 40430936
- $14,007 per year unexempt tax
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $3,463 | $850,616 | $116,150 | $734,466 |
| 2023 | $8,752 | $632,067 | $116,150 | $515,917 |
| 2022 | $11,177 | $564,185 | $116,150 | $448,035 |
| 2021 | $11,741 | $540,000 | $110,000 | $430,000 |
| 2020 | $11,878 | $540,000 | $110,000 | $430,000 |
| 2019 | $12,315 | $540,000 | $110,000 | $430,000 |
| 2018 | $3,144 | $538,800 | $110,000 | $428,800 |
| 2017 | $12,228 | $538,800 | $110,000 | $428,800 |
| 2016 | $11,117 | $480,700 | $110,000 | $370,700 |
| 2015 | $9,307 | $437,000 | $40,000 | $397,000 |
| 2014 | $9,307 | $437,000 | $40,000 | $397,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/25/2025 04/25/25 | For Sale | $1,200,000 | -- | $312 / Sq Ft |
Source: North Texas Real Estate Information Systems (NTREIS)
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | Town Square Title | |
| Deed | -- | Town Square Title | |
| Vendors Lien | -- | Rattikin Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $726,200 | New Conventional | |
| Previous Owner | $645,000 | Credit Line Revolving | |
| Previous Owner | $479,200 | Credit Line Revolving | |
| Previous Owner | $453,000 | Stand Alone First | |
| Previous Owner | $417,000 | Stand Alone First | |
| Previous Owner | $343,805 | New Conventional | |
| Previous Owner | $65,000 | Purchase Money Mortgage | |
| Previous Owner | $367,200 | Fannie Mae Freddie Mac | |
| Previous Owner | $91,800 | Stand Alone Second |
Source: Public Records
Similar Homes in the area
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20914454
APN: 40430936
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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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