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$1,200,000

1308 Normandy Ct, Southlake, TX, 76092

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,292 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$279.59 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Convection Oven, Double Oven
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Outdoor Grill, Outdoor Kitchen, Private Yard
Lot Size17,415 sqft

Building Information

Year Built1992
Stories2
Garage Spaces3

Land Information

APN40455C-3-9
Lot Number9
SubdivisionStone Lakes Addition
Land UseResidential
Legal DescriptionSTONE LAKES ADDITION BLOCK 3 LOT 9 & PT CE
Census Tract113908
Assessed Land Value$299,925
Assessed Improvement Value$696,027
Assessment Year2025

About this property

Quiet cul-de-sac location with mature trees providing lot's of shade and privacy, you will love this home with its open floor plan with multiple living spaces to include a covered outdoor living room with a built-in grill and under counter storage plus built in cooler, a large pool with waterfalls and spa, there is also child proof fencing around the pool, a modern-updated kitchen with Bosch appliances and Quartz counters, a very large walk in custom designed primary closet and beautifully remodeled primary bath, game room, dedicated study with French Doors for privacy, formal dining with serving wet bar, front and back staircases, 3 car garage with EV charger, it’s all there in this lovely home! Notice the windows across the back of the home which provides a lovely view from the kitchen & family room! Stone Lakes community offers a neighborhood pool, lake, tennis courts, playground and walking trails and is centrally located within Southlake, close to schools, shopping, and dining.

Investor Tools

Property Icon
$1,292,000
Estimated Property Value
$786,227Estimated Mortgage Balance
$514,941Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,752 /month
Positive
Cash Flow Estimate:
$2,584 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,797/month
$1,100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,102
$995,952
2025
$299,925
$696,027
$995,952
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,102
$995,952

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$786,227
No
First
Sep 18, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$777,059
$514,941
39%
60%
$4,714/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,130/mo
$5,814/mo
$-2,684/mo
2.9%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1308 Normandy Ct | Property Details | No Agent List