Skip main navigation
Pending
  • $1,500,000

    1221 Falcon Dr, Grapevine, TX 76051

    4beds
    4,035sqft
    : 
    Loading
    Get pre-qualified
    Single Family Residence
    Built in 2016
    0.32 Acres Lot
    $1,460,700 Zestimate®
    $372/sqft
    $92/mo HOA

    What's special

    Seamless indoor-outdoor livingHardwood floorsUpgraded granite countertopsWater featuresNatural buffer behind youDesigner lightingWide open green space
    The moment you walk through the door, you will be impressed. Positioned on one of the most sought-after lots in Grapevine, this home backs directly to Corps of Engineer property, giving you rare privacy, wide open green space, and access to nearby trails you simply cannot replicate in a traditional neighborhood setting. With no backyard neighbors and a natural buffer behind you, the sense of space and serenity is immediate. The backyard is a true resort-style oasis, anchored by a stunning custom Trident pool with an in-floor cleaning system, water features, and dramatic fire bowls. A custom cabana with a motorized screen and Big Ass Fan makes this the ultimate space to entertain or unwind while watching those iconic Texas sunsets. Inside, the unique and functional floor plan impresses immediately. Oversized windows along the back of the home frame the breathtaking backyard from the moment you enter the front door, filling every room with natural light and seamless indoor-outdoor living. Custom touches are found throughout: hardwood floors, upgraded granite countertops, designer lighting, remote-controlled window coverings, and plantation shutters create a sophisticated yet livable interior. A walkout from the first floor puts you steps away from the pool at all times. Located just minutes from Downtown Grapevine, Lake Grapevine, and the Gaylord Texan, this home delivers on lifestyle just as much as it delivers on luxury. Homes on lots like this do not come available often. Do not miss your opportunity.
    34 days
    |
    1,815
    |
    156
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Brittney Kosev 0709206 972-514-6501,

    BK Real Estate 972-677-9172,

    Bryanna Lashbrook 0805770 432-466-4173,

    BK Real Estate

    Source: NTREIS,MLS#: 21294992

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Primary bedroom
      • Features: Dual Sinks, Double Vanity, En Suite Bathroom, Separate Shower, Walk-In Closet(s)
      • Level: Second
      • Dimensions: 18 x 15
      Primary bathroom
      • Level: Second
      • Dimensions: 13 x 13
      Dining room
      • Level: Second
      • Dimensions: 14 x 12
      Game room
      • Features: Built-in Features
      • Level: First
      • Dimensions: 18 x 21
      Kitchen
      • Features: Built-in Features, Eat-in Kitchen, Granite Counters, Kitchen Island, Pantry
      • Level: Second
      • Dimensions: 14 x 16
      Living room
      • Level: Second
      • Dimensions: 19 x 19
      Media room
      • Level: First
      • Dimensions: 18 x 14
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Double Oven, Dishwasher, Gas Cooktop, Disposal, Microwave
      • Laundry: Washer Hookup, Electric Dryer Hookup, Laundry in Utility Room
      Features
      • Decorative/Designer Lighting Fixtures, Double Vanity, Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Cable TV, Walk-In Closet(s), Wired for Sound
      • Flooring: Ceramic Tile, Hardwood
      • Windows: Shutters
      • Has basement: Yes
      • Number of fireplaces: 1
      • Fireplace features: Gas Log, Gas Starter
      Interior area
      • Total interior livable area: 4,035 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Door-Multi, Door-Single, Garage Faces Front, Garage, Garage Faces Side
      • Attached garage spaces: 3
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Rear Porch, Patio, Balcony, Covered
      • Exterior features: Awning(s), Balcony, Lighting, Outdoor Living Area, Rain Gutters
      • Pool features: Gunite, Heated, In Ground, Outdoor Pool, Pool, Waterfall
      • Has spa: Yes
      • Spa features: Hot Tub
      Lot
      • Size: 0.32 Acres
      • Features: Back Yard, Backs to Greenbelt/Park, Greenbelt, Lawn, Landscaped, Subdivision, Sprinkler System
      Details
      • Parcel number: 41693175
      • Other equipment: Home Theater

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Detached
      • Property subtype: Single Family Residence
      Materials
      • Brick
      • Foundation: Slab
      • Roof: Composition,Shingle
      Condition
      • Year built: 2016

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Natural Gas Available, Phone Available, Sewer Available, Separate Meters, Water Available, Cable Available

      Community & HOA

      Community
      • Features: Sidewalks
      • Subdivision: Lake Pointe
      HOA
      • Has HOA: Yes
      • Services included: Association Management, Maintenance Grounds
      • HOA fee: $1,100 annually
      • HOA name: Goodwin And Company
      • HOA phone: 214-445-2700
      Location
      • Region: Grapevine

      Financial & listing details

      • Price per square foot: $372/sqft
      • Tax assessed value: $999,893
      • Annual tax amount: $15,691
      • Date on market: 6/10/2026
      • Cumulative days on market: 29 days
      • Listing terms: Cash,Conventional,FHA,VA Loan

        Estimated market value

        $1,460,700

        $1.39M - $1.53M

        $7,236/mo

        Price history

        DateEventPrice
        7/9/2026Pending sale$1,500,000$372/sqft
        Source: NTREIS #21294992 Report a problem
        7/5/2026Contingent$1,500,000$372/sqft
        Source: NTREIS #21294992 Report a problem
        6/10/2026Listed for sale$1,500,000+25%$372/sqft
        Source: NTREIS #21294992 Report a problem
        10/25/2022Sold--
        Source: NTREIS #20167125 Report a problem
        9/30/2022Pending sale$1,200,000$297/sqft
        Source: NTREIS #20167125 Report a problem
        9/26/2022Contingent$1,200,000$297/sqft
        Source: NTREIS #20167125 Report a problem
        9/22/2022Listed for sale$1,200,000+60%$297/sqft
        Source: NTREIS #20167125 Report a problem
        10/1/2018Listing removed$750,000$186/sqft
        Source: Keller Williams Realty #13800107 Report a problem
        3/24/2018Listed for sale$750,000-14.3%$186/sqft
        Source: Keller Williams Realty #13800107 Report a problem
        10/3/2017Listing removed$875,000$217/sqft
        Source: Keller Williams Realty #13617121 Report a problem
        6/5/2017Listed for sale$875,000$217/sqft
        Source: Keller Williams Realty #13617121 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,921 -3.7%$999,893
        2024$4,071 -29.4%$999,893 -20%
        2023$5,765 $1,250,084 +57.3%
        2022-- $794,527 +16.1%
        2021$3,703 -1.2%$684,577 -0.4%
        2020$3,750 -0.2%$687,116 -0.2%
        2019$3,758 -3.1%$688,406 +5.5%
        2018$3,879 -73.7%$652,416 +1.7%
        2017$14,722 +263.8%$641,648 +266.7%
        2016$4,047 +503.2%$175,000 +191.1%
        2015$671 $60,125 +105.6%
        2014$671 $29,250
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Lake Pointe

        Getting around

        20 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Silver Lake
        • Middle: Grapevine
        • High: Colleyville Heritage
        • District: Grapevine-Colleyville ISD

        Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts

        Similar homes