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$1,106,000

NAL Estimated Property Value

1103 Brazos Dr, Southlake, TX, 76092

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,787 Sq Ft
price_per_sqft$304.63 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Lot Size20,547 sqft

Building Information

Year Built1991
Stories1
Garage Spaces2

Land Information

APN39557C-2-21
Lot Number21
SubdivisionSouth Ridge Lakes Addition
Land UseResidential
Legal DescriptionSOUTH RIDGE LAKES ADDITION BLOCK 2 LOT 21 & PT CE
Census Tract113906
Assessed Land Value$353,850
Assessed Improvement Value$518,342
Assessment Year2025

About this property

Fabulous ranch style opportunity in Southlake Caroll ISD. Lovely one story traditional home in South Ridge Lakes. Sitting on just under a half acre the possibilities are endless. This home has been extremely well maintained and the pride of ownership shines through. Four bedrooms and two and a half baths, all on one level. The kitchen opens to the breakfast nook and main living area. With a split bedroom floorplan there is plenty of room for everyone. Granite countertops are in the kitchen, primary and powder bath. The primary bath has heated floors, dual vanities, and handicap accessibility shower. Two living areas and large dining space are a few more of the features. The backyard is huge with an electric iron gated entrance. A few of the upgrades are interior and exterior recently painted, water heater 2024, Roof 2018 and recent carpet cleaning. HOA amenities include tennis, community pool, play ground and rentable club house

Investor Tools

Property Icon
$1,106,000
Estimated Property Value
$670,534Estimated Mortgage Balance
$435,466Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,636 /month
Positive
Cash Flow Estimate:
$2,212 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$716/month
$584/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,061
$872,192
2025
$353,850
$518,342
$872,192
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,061
$872,192

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Premia Mortgage Llc
Conventional
$690,000
No
First
Oct 2, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$670,534
$435,466
39%
61%
$4,137/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,130/mo
$4,721/mo
$-1,591/mo
3.4%

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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1103 Brazos Dr | Property Details | No Agent List