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$956,040

1302 Powder River Trl, Southlake, TX, 76092

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,431 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$287.23 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Double Oven
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Lot Size16,692 sqft

Building Information

Year Built1997
Stories2
Garage Spaces3

Land Information

APN24195-2-21
Lot Number21
SubdivisionLonesome Dove Estates-Southlke
Land UseResidential
Legal DescriptionLONESOME DOVE ESTATES-SOUTHLKE BLOCK 2 LOT 21
Census Tract113955
Assessed Land Value$287,475
Assessed Improvement Value$668,565
Assessment Year2025

About this property

Highly sought after neighborhood in Carroll ISD. Home faces south with backyard facing north. Enter front door to oversized entry with dining and study at entry. High ceilings, crown molding. Kitchen is open to main living area, with seamless windows overlooking pool and backyard. 4 bedrooms with 4 bathrooms, 3 of the bedrooms could be considered primary suites. Walk in closets, lots of storage. Laundry near one oversized bedroom and kitchen. Beautiful pool and large back yard with lots of decking around pool, storage building in backyard. Staircase leads to large game room with walk out attic access, large 4th bedroom with en suite bath. Upstairs is very private. Wrought iron electric gate at entrance of extended driveway, oversized garage with outside door to access the back patio and backyard. A quick drive or walk to Lake Grapevine, only minutes from Southlake Town Square, shopping, restaurants, entertainment. Easy access to major highways, just minutes to historic downtown Grapevine, Roanoke and DFW airport. Photos coming Thursday, April 3.

Investor Tools

Property Icon
$956,040
Estimated Property Value
$667,030Estimated Mortgage Balance
$300,756Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,913 /month
Positive
Cash Flow Estimate:
$1,971 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$951/month
$295/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,630
$956,040
2025
$287,475
$668,565
$956,040
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,630
$956,040

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Midlothian Timber Oaks Lp
Unknown
$667,030
No
First
May 27, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$655,284
$300,756
31%
69%
$4,000/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,130/mo
$4,295/mo
$-1,165/mo
3.9%

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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1302 Powder River Trl | Property Details | No Agent List