2936 PENINSULA DRIVE, GRAPEVINE, TX 76051

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2936 Peninsula Drive

Grapevine, TX 76051

Status of the property has changed, please contact for details

List Price$1,100,000

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Listing #20837018

0.63

Acre

Lots / Land

Type

About This Property

Situated on a generous .63-acre lot, this prime piece of land is an exceptional opportunity for anyone looking to invest in a highly sought-after area. With large, mature oak trees providing natural beauty and shade, the property is already equipped with both water and electricity, making it ready for a custom home build or investment property. Located near Lake Grapevine, you'll enjoy close proximity to the area's natural beauty and recreational opportunities. The DFW area's expansion trajectory, coupled with significant regional investments and a $9B expansion at one of the world's largest airports, ensures that property values will continue to rise. This lot is within the highly-rated Carroll ISD, making it an ideal location for families seeking top-tier educational opportunities. What sets this property apart is the lack of an HOA, allowing new home builders the flexibility to customize their build to suit their needs. Larger-than-average lot sizes further add to the potential for new construction. Whether you're looking to create your dream home or secure a prime investment, this property offers the perfect foundation. Sale includes 2 Parcels, see private remarks.

Property Features

Location Information

County

Tarrant

Subdivision

Placid-Peninsula

Interior Features

Has Fireplace

No

Exterior Features

Water / Sewer

Electricity Available, Sewer Available, Water Available

Possible Best Use

Residential, Single Family

Utilities

Electricity Available, Sewer Available, Water Available

Zoning

Residential

Lot Description

Back Yard, Hardwood Trees, Interior Lot, Lawn, Many Trees, Sloped, City Lot

Development Status

Streets Installed

Lot Size in Acres

0.63

Road Description

City Street, Asphalt

Lot Size in Sq. Ft.

27,442

Is One Story

No

Current Use

Vacant

Lot Description

Back Yard, Hardwood Trees, Interior Lot, Lawn, Many Trees, Sloped, City Lot

School

Elementary School District

Carroll ISD

Jr. High School

Carroll

Elementary School

Johnson

High School

Carroll

Additional Information

Property Type

LL

Has a Home Owners Association

No

Property SubType

Improved Land

Tax Annual Amount

3109.0

Year Built

1983

Documents Available

Aerial

Status

Active

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Mortgage Calculator

$5,135

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$3,963

Monthly Tax

$916

Monthly Insurance

$256

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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