Opportunity is knocking in one of Grapevine’s most desirable locations. This 53-year-old home sits on a generous corner lot just one block from the lake—offering unbeatable access to outdoor recreation, trails, and the natural beauty of Grapevine. The home itself needs extensive updating, but the value is in the location and the potential. Whether you're looking to renovate, rebuild, or invest, this property provides a rare chance to own in a premium area for under $500,000. Surrounded by mature trees and well-kept homes, with easy access to local dining, shopping, and top-rated schools, this is the ideal setting for your next project. Solid structure, fantastic lot, and the kind of neighborhood that justifies the work. Bring your vision and make it yours—homes this close to the lake don’t come along often at this price.