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$1,139,900

121 Welford Lane, Southlake, TX, 76092

$1,384,859 ARVInfo
Off MarketInfo
Beds5 Beds
Baths6 Bath
Baths5,211 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$218.75 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDouble Oven, Gas Cooktop, Microwave, Gas Water Heater
FlooringCarpet, Ceramic Tile, Stone

Exterior

Private PoolPrivate Pool
Lot Size1.00 acres

Building Information

Year Built2002
Stories2
Garage Spaces4

Land Information

APN47336-1-4
Lot Number4
SubdivisionWingate Hill Subdivision
Land UseResidential
Legal DescriptionWINGATE HILL SUBDIVISION BLOCK 1 LOT 4
Census Tract113955
Assessed Land Value$525,810
Assessed Improvement Value$954,190
Assessment Year2025

About this property

Southlake estate on one acre! Freshly painted white Kitchen cabinets! Fabulous home built for family & entertaining nestled on a large treed lot. This home boasts an open floor plan and features updated lighting, paint & flooring. Master suite and Guest suite down, mezzanine raised paneled Study, large laundry with extra storage area. Upstairs features 3 bedrooms w attached baths, Game room, separate Media, storage rm & study carrel. Step out to the backyard oasis with a Claffey diving pool, waterfall grotto, fun slide for the kids, basketball half-court, outdoor grill area, large grass yard and plenty of room for sports & play. Private gated drive, extensive landscape and tree lighting in the front and back.

Investor Tools

Property Icon
$1,907,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,231,768Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,384,858
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,442 /month
Positive
Cash Flow Estimate:
$3,814 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,584/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$21,471
$1,480,000
2025
$525,810
$954,190
$1,480,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$21,471
$1,480,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Onewest Bank Fsb
Conventional
$748,000
No
First
Apr 2, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$675,232
$1,231,768
64%
35%
$4,485/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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121 Welford Lane | Property Details | No Agent List