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B+
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$899,000

1403 Chelsea Cir, Southlake, TX, 76092

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,649 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$339.75 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Gas Cooktop, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBuilt-in Barbecue, Fire Pit, Rain Gutters, Outdoor Grill
Lot Size13,329 sqft

Building Information

Year Built1994
Stories1
Garage Spaces2

Land Information

APN40455C-8-31
Lot Number31
SubdivisionStone Lakes Addition
Land UseResidential
Legal DescriptionSTONE LAKES ADDITION BLOCK 8 LOT 31
Census Tract113908
Assessed Land Value$229,575
Assessed Improvement Value$461,275
Assessment Year2025

About this property

This single story Southlake home is located in the very desirable Stone Lakes Community. It's cul-de-sac lot with incredible neighbors gives you a sense of community that is hard to find. Ask us about the end-of-week social group! The interior residential lot is ideally located and offers a peaceful setting and great outdoor privacy, but is close to the lake and other amenities. The private pool and spa setting, a highlight of this new listing, offers great play and entertainment options. The interior offers vaulted ceilings, an open layout, and split bedrooms. High end trim finishes and recent mechanical improvements will be well appreciated. There are many other incredible attributesto be seen, so reach out to your agent and schedule a private tour.

Investor Tools

Property Icon
$899,000
Estimated Property Value
$511,000Estimated Mortgage Balance
$391,705Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,400 /month
Positive
Cash Flow Estimate:
$1,800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,167/month
$1,300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,510
$690,850
2025
$229,575
$461,275
$690,850
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,510
$690,850

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Morgan Stanley Private Bank Na
Conventional
$511,000
No
First
Dec 15, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$507,295
$391,705
43%
56%
$3,064/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,530/mo
$4,364/mo
$-1,834/mo
3.4%

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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1403 Chelsea Cir | Property Details | No Agent List