NEIGHBORHOOD SNAPSHOT:
How We Categorize: Room to Grow
Most Known For: Local wineries, lakes, trains and their historic downtown
Location: Far East of Fort Worth, Near DFW Airport
Zip Code(s): 76051, 75261
NEIGHBORHOOD SUMMARY:
With a growing population expected to reach more than 52,000 by 2018, this Tarrant County suburb is a great spot for investing while also giving your family room to grow. Nearly 4,000-square-foot homes hit the market in the $500s, and Grapevine citizens have one of the lowest tax rates in the state for a city of its size. In fact, the property tax rate decreased 12 percent from 2015 to 2016.
Its central location, near DFW Airport, places residents conveniently equidistant from both downtown Dallas and downtown Fort Worth. And it's not all cookie cutter homes in this suburb — wineries, lakes, trains and a historic downtown give this area a charming small-town vibe.
Plus, Grapevine will be home to one of nine TEXRail stations in 2018. The station will be located on a 4-acre property downtown and will be connected to a boutique hotel.
