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    AI-Generated Neighborhood Summary

    Location Overview

    Grapevine, TX, is a city located within the Dallas-Fort Worth Metroplex. It's known for its charming historic downtown, wineries, and a strong sense of community. The city has convenient access to major highways and is close to Dallas/Fort Worth International Airport, making it a desirable location for both residents and businesses.

    Crime Rate, Schools, and Amenities

    The crime rate in Grapevine is generally lower than the national average, contributing to its reputation as a safe place to live. The Grapevine-Colleyville Independent School District (GCISD) is highly rated, with schools often praised for their academic achievements and extracurricular programs. Nearby amenities include parks such as Grapevine Lake for outdoor activities, the Grapevine Botanical Gardens, and attractions like the SEA LIFE Grapevine Aquarium and LEGOLAND Discovery Center. There are numerous shopping centers and grocery stores, including Grapevine Mills and Southlake Town Square, offering a wide variety of retail and dining options.

    Demographics and Economic Overview

    The average household income in Grapevine tends to be higher than the national average, reflecting its status as an affluent area within the DFW Metroplex. Nearby neighborhoods such as Southlake and Colleyville also enjoy high average household incomes, contributing to the region's economic health. The job market in Grapevine and the surrounding areas is robust, driven by growth in sectors such as technology, finance, and healthcare, with many residents commuting to offices in Dallas or Fort Worth. The property at 4255 Patriot Dr is situated relatively close to city centers, ensuring residents enjoy both suburban tranquility and urban conveniences.

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    StreetView
    Neighborhood Insights
    Key metrics about this location

    Neighborhood Summary

    Nestled in a vibrant area, this neighborhood offers an intriguing blend of prosperity and potential, marked by a median home price of $522,500. This is slightly above the national average, reflecting the desirability and affluence of the community. The area boasts a remarkable median household income of $156,818, significantly higher than the national median, showcasing its economic vitality. With only 1% of the population living under the poverty line, this neighborhood stands out as a place of stability and opportunity. The housing market here is predominantly owner-occupied, with 74% of residences owned compared to 26% rented, and impressively, there are no vacant housing units. This high ownership rate, coupled with a low unemployment rate of 2%, suggests a robust local economy that supports long-term investment.

    Education and diversity are key features of this area, with 34% of residents holding a college degree, aligning closely with national averages. The dominant racial demographic is Asian, contributing to the cultural richness and diversity appreciated by residents and visitors alike. Families are the cornerstone of the community, with 77% of households being married-couple families, further adding to the neighborhood’s appeal for those seeking a family-friendly environment. Interestingly, a substantial 36% of homeowners own their properties outright, without a mortgage, indicating a level of financial security that is enviable. However, for 31% of those with a mortgage, housing costs amount to 30% or more of their income, a figure that mirrors national concerns about housing affordability.

    While we lack specific walk and bike scores, suggesting an area possibly more dependent on cars, the notable presence of 29% non-US citizens underscores the neighborhood's attractiveness to a global population, enhancing its international character. Although certain data like the crime index isn't available, the lack of vacant housing units and low poverty and unemployment rates suggest a safe and thriving environment. Those considering rental investments might note that the median contract rent is $1,808, indicating competitive rental yields.

    For some homebuyers, the percentage of income spent on mortgages could be a consideration. For those sensitive to housing costs, exploring nearby neighborhoods with similar median home prices but potentially lower mortgage-to-income ratios might be wise. Neighborhoods such as these can provide an equally engaging living experience with potentially more favorable financial metrics. Overall, for real estate professionals and potential buyers, this neighborhood presents a compelling opportunity for investment and living, characterized by its economic health, educational parity, and cultural vibrancy, ensuring a promising future for residents and investors alike.

    Median Home Price

    $522,500

    Walk Score

    -

    Bike Score

    -

    Median Household Income

    $156,818
    Nat'l Avg: $69,021

    Percent Under Poverty

    1%
    Nat'l Avg: 12%

    Median Contract Rent

    $1,808
    Nat'l Avg: $988

    Owners vs Renters

    74% / 26%
    Nat'l Avg: 57% / 31%

    Vacant Housing Units

    0%
    Nat'l Avg: 11%

    Unemployment Rate

    2%
    Nat'l Avg: 3%

    College Degree

    34%
    Nat'l Avg: 21%

    Dominant Race

    Asian
    Nat'l Avg: 68%

    Married-Couple Families

    77%
    Nat'l Avg: 48%

    Owners Without Morgages

    36%
    Nat'l Avg: 38%

    Mortgage ≥ 30% Income

    31%
    Nat'l Avg: 27%

    Rent ≥ 30% Income

    N/A
    Nat'l Avg: 46%

    Non-US Citizens

    29%
    Nat'l Avg: 7%
    Location Map
    Overview of the neighborhood
    Nearby Places
    Essential locations and points of interest in the area

    Parr Park

    park

    Baylor Scott & White Medical Center

    hospital

    Tom Thumb

    grocery store

    Oldwest Cafe

    restaurant

    24 Hour Fitness

    gym

    Dallas/Fort Worth International Airport

    international airport

    Grapevine High School

    school

    Grapevine Mills

    shopping center

    Grapevine Police Department

    police station

    Neighborhood Assessment
    Key advantages and considerations for this area

    Dynamic Insights

    The property at 4255 Patriot Dr, Grapevine, TX 76051, is a 209,022-square-foot warehouse situated on a 13.41-acre lot within the DFW Trade Center subdivision.
    As of 2023, the median home value in the 1-mile radius around the property is $554,817, with a projected population growth of 9.39% from 2024 to 2029.
    Grapevine's housing market has experienced a 3.2% increase in average home values over the past year, reaching $533,233 as of January 2025.
    The city's proximity to Dallas/Fort Worth International Airport and nearing full build-out have contributed to rising property values and increased demand for remaining spaces. These insights highlight the property's substantial size and strategic location within a growing and increasingly valuable real estate market.

    Custom Narratives

    Grapevine's median home value reached $533,233 in January 2025, marking a 3.2% annual increase, indicating a steady appreciation in property values.
    The median list price in February 2025 was $589,208, up 7.1% from the previous year, suggesting a competitive market with rising demand.
    The city's population grew by 0.6% from 2020 to 2023, reaching 50,928, reflecting a stable and appealing community for residents.
    With a median household income of $111,438 and a poverty rate of 6.5%, Grapevine offers a prosperous environment, enhancing its attractiveness to potential homebuyers.

    Green Flags

    Convenient access to local amenities
    Quiet and family-friendly neighborhood
    Proximity to parks and recreational activities
    Strong sense of community and safety

    Red Flags

    Possible high cost of living
    Limited public transportation options
    Potential for heavy traffic during peak hours
    Occasional noise from nearby airport
    Flood Risk Assessment
    FEMA flood zone information and historical flooding data

    Flood Zone

    Flood zone information is not available for this property at this time.

    Historical Flooding

    Historical flood damage records are not available for this property.

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