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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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1221 Falcon Dr , Grapevine, TX 76051
$1,500,000
Est. Payment: $7,722.65/mo
4 Bed
4.5 Bath
4035 Sqft
Status: pending | Days on site: 29
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

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.

Highlights

Listed by Brittney Kosev , and Bryanna Lashbrook , BK Real Estate , North Texas Real Estate Information Systems

Property Type

Residential

Lot/Acreage
0.32

HOA Fee

1100 Annually

Year Built

2016

County

Tarrant

Neighborhood

Lake Pointe

School District

Grapevine-Colleyville ISD

Listing ID

21294992

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:4.5
  • Full Bathrooms:4
  • 1/2 Bathrooms:1
Appliances:Dishwasher, Disposal, Gas Cooktop, Microwave, Double Oven, Home Theater
Air Cond:Central Air
Fireplaces:Gas Logs,Gas Starter
Floor:Ceramic Tile,Hardwood
Other:
  • Additional:Cable TV Available, Decorative Lighting, Double Vanity, Eat-in Kitchen, Flat Screen Wiring, Granite Counters, High Speed Internet Available, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)

Exterior Features

Lot:Adjacent to Greenbelt,Greenbelt,Landscaped,Lrg. Backyard Grass,Sprinkler System,Subdivision,Less Than .5 Acre (not Zero)
Roof:Composition,Shingle
Others:
  • Additional:Awning(s), Balcony, Covered Patio/Porch, Rain Gutters, Lighting, Outdoor Living Center
Parking Features:Garage,Garage Double Door,Garage Faces Front,Garage Faces Side,Garage Single Door
Principal Interest
$7,723
Taxes
$1,308
HOA
$1,100

Home Price

$1,500,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$300,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,722.65

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $7,722.65 $1,307.58 $1,100.00 $10,130.23
Yearly $92,671.82 $15,691.00 $13,200.00 $121,562.82
Total $2,780,154.51 $470,730.00 $396,000.00 $3,646,884.51

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Grapevine, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T19:21:47.893Z

© 2026 North Texas Real Estate Information Systems