I bought in South Grapevine, the neighborhood behind the vineyards (rented it out, still in Iraq).
1. Cheaper than North Grapevine (though I might do North Grapevine if I had to do it over again, however it's not as convenient a location as where I bought).
2. Still Grapevine schools.
3. Faster appreciation rate for homes in Grapevine than H, E or B (generally speaking).
4. Extremely convenient to either 114 or 183 or 360.
5. Extremely convenient to major shopping centers - about everything you could want within 3-5 blocks from the house.
6. Very easy access to either HEB Hospital or Baylor Grapevine.
7. Lower concentration of sex offenders than H, E or B (at the time I bought, though that might have changed).
8. I bought a house on 1/3 acre for the same price as a regular city lot.