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$1,130,000

1363 Cross Timber Drive, Southlake, TX, 76092

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,230 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$349.85 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Double Oven
FlooringCarpet, Hardwood, Tile

Exterior

Lot Size41,426 sqft

Building Information

Year Built1986
Stories1
Garage Spaces3

Land Information

APN8878-3-7
Lot Number7
SubdivisionCross Timber Hills Addition
Land UseResidential
Legal DescriptionCROSS TIMBER HILLS ADDITION BLOCK 3 LOT 7
Census Tract113906
Assessed Land Value$510,300
Assessed Improvement Value$285,162
Assessment Year2025

About this property

Beautifully maintained custom single story home set on nearly one acre in the sought after, wooded Cross Timber Hills community, zoned to highly acclaimed Carroll ISD. Thoughtfully designed with a bright, open layout and soaring ceilings, this home offers both comfort and functionality. The oversized primary suite serves as a private retreat, complete with a versatile sitting area, perfect for a home office, fitness space, or cozy reading nook. Secondary bedrooms are tucked away in a separate wing, each featuring walk-in closets to provide privacy and convenience. At the heart of the home, the kitchen is well-appointed with granite countertops, stainless steel appliances, abundant cabinetry, and a charming breakfast nook, seamlessly connecting to the main living area. Step outside to an expansive backyard shaded by mature trees and enhanced with a sprinkler system, offering endless possibilities for a future pool or custom outdoor living space. Additional highlights include two HVAC units replaced in 2022 and an oversized three-car garage with epoxy floors. Ideally located just minutes from premier dining, shopping, and DFW International Airport.

Investor Tools

Property Icon
$1,227,000
Estimated Property Value
$0Estimated Mortgage Balance
$485,015Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,362 /month
Positive
Cash Flow Estimate:
$2,454 /month

Interested in this property?

Christie Deaton

Berkshire HathawayHS PenFed TX

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,687/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,105
$795,462
2025
$510,300
$285,162
$795,462
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,105
$795,462

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Personal Re Services Inc
Conventional
$748,509
No
First
Nov 21, 2025
Dec 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$741,985
$485,015
39%
60%
$4,488/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,530/mo
$4,588/mo
$-2,058/mo
2.5%

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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1363 Cross Timber Drive | Property Details | No Agent List