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$1,150,000

NAL Estimated Property Value

1311 Northridge Dr, Southlake, TX, 76092

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,473 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$331.13 / sqft
Year BuiltBuilt in 1994

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 Oven, Gas Cooktop, Gas Water Heater, Microwave, Convection Oven, Double Oven
FlooringCarpet, Ceramic Tile, Slate, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size20,434 sqft

Building Information

Year Built1994
Stories2
Garage Spaces3

Land Information

APN39480-1-9
Lot Number9
SubdivisionSouth Lake Hills Addn
Land UseResidential
Legal DescriptionSOUTH LAKE HILLS ADDN BLOCK 1 LOT 9
Census Tract113908
Assessed Land Value$351,900
Assessed Improvement Value$498,100
Assessment Year2025

About this property

Set on nearly half an acre in the coveted Southlake Hills community, 1311 Northridge blends timeless architecture with extensive modern updates to create a truly move-in-ready luxury residence. Thoughtfully renovated and meticulously maintained, this 4-bedroom, 3-bath home offers an exceptional floor plan designed for both everyday living and entertaining. A private study and formal dining room welcome you just off the foyer, while expansive living spaces unfold into a beautifully updated main living area centered around a custom-renovated fireplace and overlooking the resort-style backyard. The chef’s kitchen has been enhanced with updated KitchenAid appliances, granite countertops, refreshed cabinetry, and a black composite sink, all seamlessly connected to the heart of the home. The spacious primary suite offers a peaceful retreat with custom closet shelving, an updated spa bath, and frameless shower glass. A highly sought-after secondary bedroom downstairs adds flexibility for guests or multigenerational living. Upstairs, two oversized bedrooms share a bath and are complemented by a large game room or third living space. Since 2017, the home has undergone extensive improvements including engineered wood flooring, full interior repainting, lighting upgrades, staircase renovation with iron railing, new Pella patio doors, Class 4 impact-resistant roofing, updated water heater, and numerous electrical enhancements. In 2025 two Trane XR15 HVAC systems were installed. Outdoors, the backyard has been transformed into a private oasis with a resurfaced pool and spa, stamped concrete patio, mature landscaping, extensive drainage improvements, new fencing, and dedicated RV or boat parking — delivering both beauty and functionality in one of Southlake’s most established neighborhoods.

Investor Tools

Property Icon
$1,150,000
Estimated Property Value
$489,357Estimated Mortgage Balance
$660,643Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,900 /month
Positive
Cash Flow Estimate:
$2,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,474/month
$175/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,938
$850,000
2025
$351,900
$498,100
$850,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$11,938
$850,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Conventional
$546,389
No
First
Feb 19, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$489,357
$687,643
58%
43%
$3,276/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,130/mo
$3,451/mo
$-321/mo
3.3%

City: Southlake

1311 Northridge Dr | Property Details | No Agent List