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B+
NoAgentList RatingHow are grades calculated?Info
Days75Days on Market
Views1view
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$1,185,000

$1,250,000

1346 Forest Ln, Southlake, TX, 76092

On MarketInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths3,348 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$353.94 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Absentee 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, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Kennel, Lighting, Private Yard
Lot Size36,852 sqft

Building Information

Year Built1986
Stories2
Garage Spaces3

Land Information

APN8878-4-81
Lot Number81
SubdivisionCross Timber Hills Addition
Land UseResidential
Legal DescriptionCROSS TIMBER HILLS ADDITION BLOCK 4 LOT 81
Census Tract113906
Assessed Land Value$478,800
Assessed Improvement Value$545,130
Assessment Year2025

About this property

This stately colonial home located on a quiet cul-de-sac in the highly coveted Cross Timber Hills subdivision is offered for sale by its original owner. Cross Timber Hills is conveniently located in west Southlake and boasts custom homes on large lots with a non-mandatory HOA. The HOA is basically a social organization that hosts activities and events for its members. This charming colonial property has been carefully prepared to be move-in-ready following a professional home inspection. The expertly designed and impeccably furnished home offers a den with fireplace for quiet gatherings and a formal living - dining area for casually elegant entertaining. The remodeled kitchen features a pantry and adjacent spacious utility room with refrigerator and sink. The thoughtful floor plan of this two-story home of is shaded by mature oak trees, and includes 4-bedrooms, 3-full-bathrooms plus formal powder room, and a spacious three-car garage. The large owner's suite is flooded with natural light and features dual walk-in closets. The roof was replaced in 2021 and new AC units were installed in 2023 and 2024. This peaceful and friendly neighborhood is experiencing a tasteful transformation. Some of the classic transitional brick homes are being demolished and replaced by new construction, while others are being extensively renovated. Neighbors are respectful of residents that walk their dogs and children riding their bikes. The subdivision attracts affluent buyers who seek Carroll ISD schools, access to the recreation facilities, fine dining and shopping, and close proximity to the DFW airport.

Investor Tools

$0Estimated Mortgage Balance
$1,250,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,500 /month
Positive
Cash Flow Estimate:
$2,500 /month

Interested in this property?

George Wessberg

Ebby Halliday, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,767/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$1,023,930
2025
$478,800
$545,130
$1,023,930
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$1,023,930

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Horizon Home Loan Corp
Unknown
$147,750
No
First
N/A
May 2013

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,288,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,130/mo
$100/mo
+$3,030/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: Southlake

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1346 Forest Ln | Property Details | No Agent List