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$1,199,000

1325 Flanagan Farm Dr Fl Anagan, Northlake, TX, 76226

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,062 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$295.17 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Gas Cooktop, Microwave, Double Oven
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size1.64 acres

Building Information

Year Built2016
Stories2
Roof Type105
Garage Spaces4

Land Information

APNR685227
Lot Number10
SubdivisionPrairie View Farms
Land UseResidential
Legal DescriptionPRAIRIE VIEW FARMS BLK C LOT 10
Census Tract020314
Assessed Land Value$418,926
Assessed Improvement Value$886,742
Assessment Year2025

About this property

Come enjoy 1.6 acres of wide-open spaces in Northlake! Nestled on one of the largest estate lots in the highly desirable Prairie View Farms community, this stunning Gallery Custom Home offers the perfect blend of luxury, functionality, and space. Located in the highly sought-after Argyle ISD, this home boasts an open-concept design with exceptional indoor and outdoor living areas, ideal for entertaining. The layout seamlessly transitions between the inside and outside, allowing for effortless hosting and relaxation in both spaces. The chef’s kitchen is a dream, featuring an oversized island, gas cooktop, and double ovens—perfect for preparing meals with ease. The spacious primary suite offers a luxurious dual shower and a Texas-sized walk-in closet, providing a true retreat. All four bedrooms and an office are conveniently located on the main level, ensuring easy accessibility. Upstairs, you’ll find a game room and media room, complete with a built-in beverage center, the perfect addition for entertaining, hosting gatherings, and enjoying family movie nights. Step outside to your backyard oasis, where you’ll enjoy a sparkling pool, spa, large covered patio, and pergola, creating the perfect setting for relaxation and outdoor entertaining. A three-car garage provides ample storage for vehicles and more. This exceptional property offers everything you need for comfort, style, and functionality. Don’t miss the opportunity to call this estate home yours!

Investor Tools

Property Icon
$1,185,000
Estimated Property Value
$646,000Estimated Mortgage Balance
$541,801Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,194 /month
Positive
Cash Flow Estimate:
$2,398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,985/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,892
$1,176,945
2025
$418,926
$886,742
$1,305,668
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,892
$1,176,945

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nbkc Bank
Va
$646,000
Yes
First
Feb 13, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$643,199
$541,801
45%
54%
$3,874/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$4,274/mo
$-1,314/mo
3.0%

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: Northlake

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