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$1,170,000

NAL Estimated Property Value

1113 Brazos Dr, Southlake, TX, 76092

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,335 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$359.22 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven

Exterior

Private PoolPrivate Pool
Lot Size20,325 sqft

Building Information

Year Built1991
Stories2
Garage Spaces3

Land Information

APN39557C-2-8
Lot Number8
SubdivisionSouth Ridge Lakes Addition
Land UseResidential
Legal DescriptionSOUTH RIDGE LAKES ADDITION BLOCK 2 LOT 8 & PT CE
Census Tract113906
Assessed Land Value$350,025
Assessed Improvement Value$549,975
Assessment Year2025

About this property

The moment the water comes into view, everything feels quieter. At 1113 Brazos Drive in Southridge Lakes, that moment arrives the instant you step inside. Large windows keep the lake in sight throughout the main living spaces, and the rear of the home opens to a setting that earns its position at every hour of the day. The entry opens to a grand stair with oak treads and wrought iron balusters, and the eye pulls immediately toward the vaulted great room, the white-painted fireplace rising to the ceiling line, and through a wall of arched windows, the water. Rich wood floors run throughout the main level, and natural light fills the home from every direction. The kitchen offers white raised-panel cabinetry, quartz counters, a generous island with seating, double ovens, and a bay of windows so that even the act of cooking carries a water view. The breakfast area wraps the corner in glass, the lake framed in every pane. Behind barn doors off the main living area, a private study offers composed stillness and separation from the rest of the home. A guest bedroom on the main floor rounds out the downstairs. The owner's suite is quiet and private, wide windows looking directly over the pool and spa and out to the lake. Mornings here are golden and unhurried. The owner's bath includes a glass-enclosed shower, soaking tub, and dual vanities with quartz countertops beneath a vaulted ceiling. Upstairs, two additional bedrooms share the lake view and a game room anchors the upper level with space the whole family will settle into. Outside, the pool and spa sit steps from the water's edge, surrounded by lush landscaping and blooming crepe myrtles. The screened porch becomes the center of everything without anyone deciding it would. On the evenings when the sky does what it does here in Texas, there is no better place in Southlake to be standing. The water surrounds you at golden hour. Four bedrooms, three baths, upstairs game room. Zoned to Carroll ISD..

Investor Tools

Property Icon
$1,170,000
Estimated Property Value
$203,851Estimated Mortgage Balance
$966,149Estimated Equity
82% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,188 /month
Positive
Cash Flow Estimate:
$2,396 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$918/month
$1,400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,170
$900,000
2025
$350,025
$549,975
$900,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,170
$900,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Susser Bank
Conventional
$229,450
No
First
Oct 15, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$203,851
$966,149
82%
17%
$1,376/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,130/mo
$2,776/mo
+$354/mo
3.2%

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: Southlake

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1113 Brazos Dr | Property Details | No Agent List