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$1,349,900

1214 Strathmore Dr, Southlake, TX, 76092

$1,428,867 ARVInfo
Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths5,589 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$241.53 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Gas Cooktop, Microwave, Convection Oven, Double Oven, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Rain Gutters
Lot Size16,579 sqft

Building Information

Year Built1998
Stories2
Garage Spaces3

Land Information

APN42168C-24-8
Lot Number8
SubdivisionTimarron Addn - Strathmore
Land UseResidential
Legal DescriptionTIMARRON ADDN - STRATHMORE BLOCK 24 LOT 8
Census Tract113958
Assessed Land Value$312,500
Assessed Improvement Value$954,400
Assessment Year2025

About this property

COMPLETELY REMODELED, INSIDE AND OUT! Golf course living in Timarron with magnificent views. Owners have remodeled every part of this house in the past year... better than new and ready for you to move right in. The downstairs features floor to ceiling windows, new wood floors through the formals, executive Study with painted cabinets, remodeled white Kitchen with light stone counter tops, SS appliances and open floor plan to the large Family room. Master and private guest suite down. Upstairs you will find 3 bedrooms with updated en-suite baths, a large Game room and tons of storage. Beautiful covered patios to spend days around the sparkling pool and enjoy the golf course and tree-filled greenbelt view.

Investor Tools

Property Icon
$2,024,000
Estimated Property Value
$981,150Estimated Mortgage Balance
$1,159,928Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,428,866
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,144 /month
Positive
Cash Flow Estimate:
$4,048 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,752/month
$1,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$22,906
$1,266,900
2025
$312,500
$954,400
$1,266,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$22,906
$1,266,900

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Randolph Brooks Fcu
Conventional
$981,150
No
First
Jun 10, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$864,072
$1,159,928
57%
43%
$3,811/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.

Explore Texas Explore This Area
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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