Grapevine Real Estate & Community Information in Texas
Located just north of the Dallas/Fort Worth Metroplex in Tarrant County, Grapevine is one of the oldest communities in North Texas originating a full year before statehood in 1844. The city is named for the abundant native grapevines early settlers found growing in the area. Today, its annual GrapeFest wine-tasting festival draws more than 100,000 connoisseurs from throughout the region. (more)
With a population of more than 50,000, Grapevine is an active community with an historic downtown that has been recognized by the National Register of Historic Places, a low crime rate, quiet neighborhoods, good schools and reasonable commutes to area cities. One mile north of downtown is Grapevine Lake, the fourth busiest lake in Texas. The lake features 146 miles of shoreline and has become the premier windsurfing, sailing and fishing area in North Texas. The 7,380 acre area includes an extensive park system with public tennis courts, baseball and softball diamonds, football and soccer fields, jogging and biking trails, a swimming pool, playgrounds and picnic facilities. Grapevine is also a golf Mecca with three public golf courses, including one designed by golfing legend Byron Nelson.
Grapevine Real Estate Market: View Home Prices and Listing info
Grapevine's real estate market presents buyers with a great selection of single-family homes and land parcels. If you're in the market for a charming starter home on a large treed lot, expect prices to start at $250,000. Prices can run as high as $1 million for a custom built estate with state of the art appliances and amenities. Currently, the median price for a single-family home in Grapevine is roughly $430,000, which can typically buy a 4-bedroom, 2.5-bathroom home with plenty of space. Land prices start as low as $100,000. Some condos and townhomes are also available in Grapevine, and they start at around $250,000.
Grapevine, Texas Average Home Sizes and Asking Prices
Asking Price in 76051 - 3 Bedroom Single Family Homes
Grapevine Real Estate Stats and Trends for the week of April 18th, 2019: homes priced around $488,579 compared to $488,579 the previous week, to remain steady with no change in listing price. For Thursday, April 18th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.