Paragon Realtors Real Estate

2936 Peninsula DriveGrapevine, TX 76051Price: $725,000

  • Price: $725,000
  • Est. Mortgage of $/month
  • 76 Days on Market
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Federal 30-year interest rate: 6.36% last updated on May 14, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $725,000List Price
  • 0.63Acreage

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Listed by Brad Crouch of Engel&Volkers Dallas Southlake (817-846-4789)
A rare opportunity to build in a highly desirable wooded area, on a private, low traffic street with picturesque views of Labrador Bay and Lake Grapevine. This 0.63-acre property, one of the last lake view properties on the south side of Lake Grapevine in Southlake Carroll ISD, includes two parcels and is ideally situated adjacent to U.S. Army Corps of Engineers land, offering added privacy and a natural setting. The lot is already equipped with water and electricity, making it ready for your custom dream home plans. This unique property is located within one of the top school districts in DFW, the highly acclaimed Southlake Carroll ISD and is minutes from DFW airport making international travel accessible without being in the flight path. This property combines the peaceful surroundings of Lake Grapevine with convenient access to shopping, dining, travel and recreation. With no HOA restrictions or additional monthly fees, buyers and builders have the flexibility to design and construct an executive home that fits their exact vision. See private remarks for additional details regarding the two included parcels.

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Based on information submitted to North Texas Real Estate Information Services as of May 21, 2026 9:31 AM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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