Date
Details
Price
Change
Source
6/10/2026
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property 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.
Full Property Details
Full Property Details for 1221 Falcon Dr
General
- Price: $1,500,000
- HOA FEE: $183/month
- HOA FEE FREQ.: Quarterly
- Taxes: $15,691
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21294992
- Updated: 6/10/2026
- Added to Site: 1 day(s) ago
Interior
- Interior 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
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas Log, Gas Starter
- Appliances: Double Oven, Dishwasher, Gas Cooktop, Disposal, Microwave
- Flooring: Ceramic Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Washer Hookup, Electric Dryer Hookup, Laundry in Utility Room
Additional Information
- Pool: Yes
- Pool Description: Gunite, Heated, In Ground, Outdoor Pool, Pool, Waterfall
- Spa: Yes
- Spa Description: Hot Tub
- Equipment: Home Theater
Exterior
- Exterior Features: Awning(s), Balcony, Lighting, Outdoor Living Area, Rain Gutters
- Porch/Patio/Deck: Rear Porch, Patio, Balcony, Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
- Parking Features: Door-Multi, Door-Single, Garage Faces Front, Garage, Garage Faces Side
Location
- County: Tarrant
- Subdivision: Lake Pointe
- Driving Directions: Option 1 (from 114): From TX-114, exit Northwest Highway, head south, turn left on Falcon Drive, home is on the right. Option 2 (from 121): From TX-121, exit Grapevine/Northwest Hwy, head west, turn right on Falcon Drive, home is on the right.
School Information
- Elem School District: Grapevine-Colleyville ISD
- Midd School District: Grapevine-Colleyville ISD
- High School District: Grapevine-Colleyville ISD
- Elementary School: Silver Lake
- Middle School: Grapevine
- High School: Colleyville Heritage
Community
- Association: Yes
- Assoc. Name: Goodwin and Company
- Assoc. Fees Include: Association Management, Maintenance Grounds
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Natural Gas Available, Phone Available, Sewer Available, Separate Meters, Water Available, Cable Available
Structural Information
- Property Detached: Yes
- Architectural Style: Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick
- Basement: Yes
- Roof: Composition, Shingle
- Windows: Shutters
- Stories/Levels: 2
- Living Area: 4,035 Sq. Ft.
- Year Built: 2016
Lot Features
- Lot Size (Acres): 0.319
- Lot Size (Sq. Ft.): 13,895.64
- Sidewalks: Yes
- Lot Features: Back Yard, Backs to Greenbelt/Park, Greenbelt, Lawn, Landscaped, Subdivision, Sprinkler System
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Association Fee: $550
- Assoc Fee Freq.: Quarterly
- Tax Amount: $15,691
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: LAKE POINTE BLOCK 1 LOT 10A
- Property ID: 41693175
- Block: 1
- Lot Number: 10A
Listed by BK Real Estate, Brittney Kosev and BK Real Estate, Bryanna Lashbrook
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agents
— 1221 Falcon Dr —
Brittney Kosev
BK Real Estate
Bryanna Lashbrook
BK Real Estate
972-514-6501
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1221 Falcon Dr
School District:Grapevine-Colleyville Independent School District
| Name | Grades | Distance |
|---|---|---|
Silver Lake Elementary School 1301 North Dooley Street, Grapevine, TX 76051 | PK-5 | 0.8 mi |
Grapevine Middle School 301 Pony Parkway, Grapevine, TX 76051 | 6-8 | 0.6 mi |
Colleyville Heritage High School 5401 Heritage Avenue, Colleyville, TX 76034 | 9-12 | 4.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1221 Falcon Dr
Tax History
Tax History for 1221 Falcon Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,287
-30%
$999,893
—
2023
$18,905
—
$999,893
-20%
2023
$18,905
46%
$1,250,084
57%
2022
$12,951
—
$794,527
16%
2021
$12,893
-2%
$684,577
—
2020
$13,204
-13%
$687,116
—
2019
$15,142
2%
$688,406
6%
2018
$14,878
1%
$652,416
2%
2017
$14,722
264%
$641,648
267%
2016
$4,047
194%
$175,000
191%
2015
$1,377
105%
$60,125
106%
2014
$671
—
$29,250
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1221 Falcon Dr
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- Single Family
- Active
- Updated 11 minutes ago
- 4Beds
- 5Total Baths
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- Single Family
- Active
- Updated 4 hours ago
- 4Beds
- 4Total Baths
1221 Falcon Drive, Grapevine, TX 76051 (MLS# 21294992) is a Single Family property with 4 bedrooms, 4 full bathrooms and 1 partial bathroom. 1221 Falcon Drive is currently listed for $1,500,000 and was received on June 10, 2026. Want to learn more about 1221 Falcon Drive? Do you have questions about finding other Single Family real estate for sale in Grapevine? You can browse all Grapevine real estate or contact a Coldwell Banker agent to request more information.