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$2,549,000

1012 Berkshire Rd, Southlake, TX, 76092

Off MarketInfo
Beds5 Beds
Baths7 Bath
Baths5,813 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$438.5 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Convection Oven, Double Oven, Vented Exhaust Fan, Warming Drawer, Wine Cooler
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Built-in Barbecue, Courtyard, Gas Grill, Rain Gutters, Lighting, Outdoor Grill, Outdoor Kitchen, Private Yard
Lot Size22,015 sqft

Building Information

Year Built2013
Stories2
Garage Spaces4

Land Information

APN37984-2-9
Lot Number9
SubdivisionShady Oaks Addn-Southlake
Land UseResidential
Legal DescriptionSHADY OAKS ADDN-SOUTHLAKE BLOCK 2 LOT 9
Census Tract113906
Assessed Land Value$400,000
Assessed Improvement Value$1,624,608
Assessment Year2025

About this property

Welcome home to this beautiful family home in the heart of Southlake! Located in the highly desirable neighborhood of Shady Oaks, this home sits on a half acre & lushly landscaped interior private lot. Boasting 5 spacious bedrooms, 7 baths and an oversized 4 car garage, this gem is a rare find! An impressive wood staircase greets you upon entering the home to find beautiful hardwood floors and soaring ceilings. The private, oversized, and well-adorned Study boasts wood floors, custom shelving for display and cabinetry. The spacious Formal Dining room is open to the Foyer and features an upgraded Wine Grotto equipped with a large wine refrigerator and beautiful custom cabinetry. The recently updated Chef's Kitchen and Great Room are perfect for family and entertaining. An expansive Kitchen island with quartzite countertops, new backsplash, new sink, faucet and hardware, tons of cabinetry, plus a separate prep area, Butlery and hidden walk-in Pantry serve all of your needs. Enjoy the outside while indoors with walls of folding doors to the covered patio. Step away from the day to the Primary Suite with a spacious bath retreat area and separate custom closets. In addition, the 1st floor has a separate Guest Suite, oversized laundry room that doubles as another prep area or craft room, and a quiet Media Room with updated designer lighting, Upstairs you will find a large Game-Play room with a serving Bar and a private balcony looking over the lush yard and pool, along with 3 oversized Bedrooms all with en-suite Baths. The backyard has it all with an attached patio, fireplace, serve bar with refrigerator and 2 tv areas, all with motorized shades. A Separate covered Outdoor Living center has a professional grade grill and green egg, plus an additional fireplace alongside a gorgeous Claffey pool and spa area! This home has it all! 4 car garage! Designer lighting throughout! Incredible floor plan!

Investor Tools

Property Icon
$2,539,000
Estimated Property Value
$750,000Estimated Mortgage Balance
$1,803,332Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$15,294 /month
Positive
Cash Flow Estimate:
$5,098 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,087/month
$1,800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$36,349
$2,024,608
2025
$400,000
$1,624,608
$2,024,608
No

Tax History

Year
Tax Paid
Assessed Value
2024
$36,349
$2,024,608

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Toyota Financial Savings Bank
Conventional
$750,000
No
First
Apr 17, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$735,668
$1,803,332
71%
29%
$4,497/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Southlake

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1012 Berkshire Rd | Property Details | No Agent List