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$1,406,000

NAL Estimated Property Value

1400 Park Place, Southlake, TX, 76092

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,303 Sq Ft
price_per_sqft$231.23 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator, Gas Water Heater
FlooringCarpet, Slate, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size22,590 sqft

Building Information

Year Built1998
Stories2
Garage Spaces4

Land Information

APN31631G-2-23
Lot Number23
SubdivisionPark Place Addition-Southlake
Land UseResidential
Legal DescriptionPARK PLACE ADDITION-SOUTHLAKE BLOCK 2 LOT 23
Census Tract113908
Assessed Land Value$380,580
Assessed Improvement Value$810,420
Assessment Year2025

About this property

Beautiful home positioned on premium cul de sac lot in a jewel of a neighborhood- Park Place. Two-story entry and formal living room with views into the gorgeous back yard. Rich hardwood floors and a soft color palette throughout home. Gourmet kitchen with granite countertops and stainless-steel appliances. Family room features handsome fireplace and built-ins for electronics and display items. Large master suite with hardwood floors and plantation shutters. Guest suite and study downstairs. Two additional bedrooms and two baths along with a spacious game room with bar. Covered patio and beautiful sparkling pool with spa, slide and jump rock. Enjoy the beautiful green grass, mature trees and lush landscaping.

Investor Tools

Property Icon
$1,406,000
Estimated Property Value
$776,922Estimated Mortgage Balance
$629,078Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,436 /month
Positive
Cash Flow Estimate:
$2,812 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,395/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$21,709
$1,191,000
2025
$380,580
$810,420
$1,191,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$21,709
$1,191,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Us Bank Na
Conventional
$880,000
No
First
Jun 24, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$776,922
$629,078
44%
55%
$3,478/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,130/mo
$3,878/mo
$-748/mo
2.7%

City: Southlake

1400 Park Place | Property Details | No Agent List