House Flipping Report
Neighborhood Data
Grapevine, TX 76051
Print
Successfully flipping a house depends on a number of different factors including population growth, increasing housing prices and cheap houses for sale. We are analyzing thousands of data points for Grapevine, TX . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Tarrant County , we've been able to rank it against its peer counties within Texas. To provide an even fuller picture, we also ranked Texas against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Texas
#3rd in US
#49th in US
Tarrant County
#3rd in TX
#64th in TX
Number of Flips: We identify house flips as houses that are bought and sold within 12 months excluding forclosures, REOs and multi-parcel sales.
Flip Profit: The profit is the gross margin calculated by subtracting the original purchase price from the new resale price.
Latest Median Sale Price
$ 375,000
0.03% YoY Change
Latest Monthly Sales Count
List Price /sqft
$171
-0.02% from last quarter
Reduced Listings /Month
16
-0.5% from last quarter
Average Home Sqft
$2,390
-0.08% from last year
In order to successfully flip houses, you need the population of the area to be trending northward, which appears to be the case with Tarrant County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Texas
28,701,845
1.34%
#2nd in US
Tarrant County
2,084,931
1.33%
#3rd in TX
76051
46,320
#3rd in TX
FlipMarket is the industry standard for providing you the exact data needed to see if flipping a house will be successful. To find properties for sale that may fit your budget and be house flipping candidates, check this list of popular searches.
Array
(
[zip_id] => 38239
[country] => USA
[zip] => 76051
[city] => Grapevine
[state] => Texas
[state_abbr] => TX
[county] => Tarrant
[dma] => 623
[latitude] => 32.9353
[longitude] => -97.0688
[timezone] => -6
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 76051
[zip_name] => grapevine, tx
[flag] =>
[median_listing_price] => 399950
[median_listing_price_mm] => -0.0479
[median_listing_price_yy] => -0.0364
[active_listing_count] => 60
[active_listing_count_mm] => -0.1045
[active_listing_count_yy] => -0.1549
[median_days_on_market] => 50
[median_days_on_market_mm] => -0.0196
[median_days_on_market_yy] => 0.087
[new_listing_count] => 24
[new_listing_count_mm] => -0.1429
[new_listing_count_yy] => -0.3333
[price_increased_count] => 4
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 16
[price_reduced_count_mm] => -0.5
[price_reduced_count_yy] => -0.2
[pending_listing_count] => 36
[pending_listing_count_mm] => -0.3077
[pending_listing_count_yy] => -0.1628
[median_listing_price_per_square_feet] => 171
[median_listing_price_per_square_feet_mm] => -0.0155
[median_listing_price_per_square_feet_yy] => 0.0189
[median_square_feet] => 2390
[median_square_feet_mm] => 0.0034
[median_square_feet_yy] => -0.0783
[average_listing_price] => 500259
[average_listing_price_mm] => 0.0077
[average_listing_price_yy] => -0.0529
[total_listing_count] => 96
[total_listing_count_mm] => -0.1933
[total_listing_count_yy] => 0.6
[pending_ratio_mm] => -0.1761
[pending_ratio_yy] => -0.0056
[RegionID] => 91212
[RegionName] => 76051
[State] => TX
[Metro] => Dallas-Fort Worth-Arlington
[County] => Tarrant County
[City] => Grapevine
[SizeRank] => 582
[Zhvi] => 356100
[MoM] => -0.00168209
[QoQ] => -0.00807799
[YoY] => 0.0342724
[5Year] => 0.0673184
[10Year] => 0.0483404
[PeakMonth] => 2019-02
[PeakQuarter] => 2019-Q1
[PeakZHVI] => 362200
[PctFallFromPeak] => -0.0168415
[LastTimeAtCurrZHVI] => 2019-01
[flips] => 19102
[purchase_price] => 179358
[resale_price] => 214954
[gross_margin] => 35596
[flipcount_rank] => 3
[flipmargin_rank] => 49
[counties] => 254
[zip_population] => 46320
[zip_rank] => 103
[state_population] => 28701845
[state_rank] => 2
[state_difference] => 1.338600
[list_prices] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,371450,349900,340000,349900,350000,340000,360000,374700,424900,4.00E+05,388450,349900,335000,335750,335000,338250,339000,350000,371000,377450,365000,385475,385000,389200,398950,385000,380000,374900,359900,362000,365000,362500,367450,379900,397450,399900,409000,389900,399000,399900,392400,389000,384900,399000,393000,389000,388450,389900,395000,389800,388500,385000,385000,380000,375000,375000"
[list_prices_exploded] => Array
(
[0] =>
[1] =>
[2] =>
[3] =>
[4] =>
[5] =>
[6] =>
[7] =>
[8] =>
[9] =>
[10] =>
[11] =>
[12] =>
[13] =>
[14] =>
[15] =>
[16] =>
[17] =>
[18] =>
[19] =>
[20] =>
[21] =>
[22] =>
[23] =>
[24] =>
[25] =>
[26] =>
[27] =>
[28] =>
[29] =>
[30] =>
[31] =>
[32] =>
[33] =>
[34] =>
[35] =>
[36] =>
[37] =>
[38] =>
[39] =>
[40] =>
[41] =>
[42] =>
[43] =>
[44] =>
[45] =>
[46] =>
[47] =>
[48] =>
[49] =>
[50] =>
[51] =>
[52] =>
[53] =>
[54] =>
[55] =>
[56] =>
[57] =>
[58] =>
[59] =>
[60] =>
[61] =>
[62] =>
[63] =>
[64] => 371450
[65] => 349900
[66] => 340000
[67] => 349900
[68] => 350000
[69] => 340000
[70] => 360000
[71] => 374700
[72] => 424900
[73] => 4.00E+05
[74] => 388450
[75] => 349900
[76] => 335000
[77] => 335750
[78] => 335000
[79] => 338250
[80] => 339000
[81] => 350000
[82] => 371000
[83] => 377450
[84] => 365000
[85] => 385475
[86] => 385000
[87] => 389200
[88] => 398950
[89] => 385000
[90] => 380000
[91] => 374900
[92] => 359900
[93] => 362000
[94] => 365000
[95] => 362500
[96] => 367450
[97] => 379900
[98] => 397450
[99] => 399900
[100] => 409000
[101] => 389900
[102] => 399000
[103] => 399900
[104] => 392400
[105] => 389000
[106] => 384900
[107] => 399000
[108] => 393000
[109] => 389000
[110] => 388450
[111] => 389900
[112] => 395000
[113] => 389800
[114] => 388500
[115] => 385000
[116] => 385000
[117] => 380000
[118] => 375000
[119] => 375000
)
)
Array
(
[county_name] => Tarrant
[state] => Texas
[state_fips] => 48
[county_fips] => 48439
[dma] => 623
[metro_name] => Dallas, TX
[cbsa_name] => Dallas-Fort Worth-Arlington, TX
[county_region_id_zillow] => 2049
[metro_region_id_zillow] => 394514
[fips] => 48439
[cbsa_code] => 19100
[population_prior] => 2057468
[population] => 2084931
[rank] => 3
[difference] => 1.334795973
[region_id] => 2049
[sale_counts] => "2567,2504,2301,2344,2290,2252,2224,2153,2035,1945,1917,2010,2033,1973,1846,1845,1878,1948,1951,1960,2168,2215,2237,2073,2111,2133,2154,2102,1900,1730,1578,1598,1728,1767,1884,1789,1896,1860,1925,1850,1808,1845,1865,1858,1873,1863,1961,2081,2157,2125,2061,2075,2168,2174,2106,2170,2193,2333,2475,2623,2636,2631,2608,2628,2595,2591,2590,2565,2520,2538,2558,2614,2565,2606,2613,2742,2772,2737,2773,2773,2805,2768,2763,2800,2873,2803,2802,2838,2938,2996,2959,2906,2825,2898,3006,3192,3203,3147,3012,2989,2961,3102,3126,3142,3124,3094,3226,3218,3289,3149,3144,3078,3090,3030,3011,3077,3207,3165,3364,3352,3356,3161,3114,3160,3176,3166,3073,3043,3070,3090,3144,3175,3272,3257,3216,3023,2959,2758,2829,2808,2919,"
[county] => Tarrant
[flips] => 1819
[purchase_price] => 185135
[resale_price] => 222231
[gross_margin] => 37096
[flipcount_rank] => 3
[flipmargin_rank] => 64
[sale_counts_exploded] => Array
(
[0] => 2567
[1] => 2504
[2] => 2301
[3] => 2344
[4] => 2290
[5] => 2252
[6] => 2224
[7] => 2153
[8] => 2035
[9] => 1945
[10] => 1917
[11] => 2010
[12] => 2033
[13] => 1973
[14] => 1846
[15] => 1845
[16] => 1878
[17] => 1948
[18] => 1951
[19] => 1960
[20] => 2168
[21] => 2215
[22] => 2237
[23] => 2073
[24] => 2111
[25] => 2133
[26] => 2154
[27] => 2102
[28] => 1900
[29] => 1730
[30] => 1578
[31] => 1598
[32] => 1728
[33] => 1767
[34] => 1884
[35] => 1789
[36] => 1896
[37] => 1860
[38] => 1925
[39] => 1850
[40] => 1808
[41] => 1845
[42] => 1865
[43] => 1858
[44] => 1873
[45] => 1863
[46] => 1961
[47] => 2081
[48] => 2157
[49] => 2125
[50] => 2061
[51] => 2075
[52] => 2168
[53] => 2174
[54] => 2106
[55] => 2170
[56] => 2193
[57] => 2333
[58] => 2475
[59] => 2623
[60] => 2636
[61] => 2631
[62] => 2608
[63] => 2628
[64] => 2595
[65] => 2591
[66] => 2590
[67] => 2565
[68] => 2520
[69] => 2538
[70] => 2558
[71] => 2614
[72] => 2565
[73] => 2606
[74] => 2613
[75] => 2742
[76] => 2772
[77] => 2737
[78] => 2773
[79] => 2773
[80] => 2805
[81] => 2768
[82] => 2763
[83] => 2800
[84] => 2873
[85] => 2803
[86] => 2802
[87] => 2838
[88] => 2938
[89] => 2996
[90] => 2959
[91] => 2906
[92] => 2825
[93] => 2898
[94] => 3006
[95] => 3192
[96] => 3203
[97] => 3147
[98] => 3012
[99] => 2989
[100] => 2961
[101] => 3102
[102] => 3126
[103] => 3142
[104] => 3124
[105] => 3094
[106] => 3226
[107] => 3218
[108] => 3289
[109] => 3149
[110] => 3144
[111] => 3078
[112] => 3090
[113] => 3030
[114] => 3011
[115] => 3077
[116] => 3207
[117] => 3165
[118] => 3364
[119] => 3352
[120] => 3356
[121] => 3161
[122] => 3114
[123] => 3160
[124] => 3176
[125] => 3166
[126] => 3073
[127] => 3043
[128] => 3070
[129] => 3090
[130] => 3144
[131] => 3175
[132] => 3272
[133] => 3257
[134] => 3216
[135] => 3023
[136] => 2959
[137] => 2758
[138] => 2829
[139] => 2808
[140] => 2919
[141] =>
)
)