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$1,500,000

1041 Timber Lane, Fairview, TX, 75069

PendingInfo
Beds4 Beds
Baths5 Bath
Baths4,026 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$372.58 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Water Purifier, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Ice Maker, Microwave, Double Oven, Vented Exhaust Fan, Washer
FlooringCarpet, Combination, Hardwood, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Outdoor Grill, Outdoor Kitchen, Private Yard
Lot Size1.55 acres

Building Information

Year Built1979
Stories2
Roof Type105
Garage Spaces5

Land Information

APNR-1035-000-0170-1
Lot Number17
SubdivisionCollinwood Acres North (Cfv)
Land UseResidential
Legal DescriptionCOLLINWOOD ACRES NORTH (CFV), LOT 17
Census Tract031412
Assessed Land Value$542,150
Assessed Improvement Value$649,830
Assessment Year2025

About this property

Tucked away at the end of a quiet cul-de-sac on 1.5 breathtaking acres, this beautifully updated estate offers the perfect blend of luxury, privacy, and timeless charm, all set beneath a canopy of mature trees that create a truly serene and storybook setting. From the moment you arrive, the winding drive, expansive grounds, and inviting presence of the home set the tone for something truly special, and this is only the beginning of all there is to experience. Inside, you are welcomed by warm wood floors and a flowing layout designed for both everyday living and effortless entertaining. The heart of the home is a stunning chef’s kitchen featuring gorgeous countertops, a built-in refrigerator, double ovens, stainless steel gas cooktop, and crisp white cabinetry, all opening to inviting living spaces that make gathering with family and friends feel natural and easy. The private primary suite is a true retreat, complete with its own fireplace and a spa-inspired bathroom with a soaking tub designed for relaxation. With 5 spacious bedrooms, 3 full baths, and 2 half baths, every room offers comfort, style, and generous space. Thoughtful updates include the addition of a bedroom with closet, an enhanced guest suite with a sauna, and a beautifully reimagined secondary living or office space that adds both function and sophistication. Step outside to your own private oasis where a sparkling pool, expanded decking, and a screened-in porch create the ultimate setting to unwind, entertain, and enjoy peaceful Texas evenings surrounded by nature. The expansive yard offers endless room to roam, play, and enjoy the outdoors while still being just minutes from shopping, dining, and entertainment. Located in highly sought-after Lovejoy ISD with no HOA, this one-of-a-kind property offers a rare opportunity to experience luxury living with a true sense of home in a setting that feels like your own private retreat.

Investor Tools

$921,072Estimated Mortgage Balance
$492,928Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,000 /month
Positive
Cash Flow Estimate:
$3,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,381/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$21,499
$1,191,980
2025
$542,150
$649,830
$1,191,980
No

Tax History

Year
Tax Paid
Assessed Value
2024
$21,499
$1,191,980

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank
Conventional
$992,000
No
First
Aug 26, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$921,072
$492,928
34%
65%
$5,948/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$5,948/mo
$-3,376/mo
2.2%

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: Fairview

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