Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours

$1,480,000

NAL Estimated Property Value

1408 Stone Lakes Drive, Southlake, TX, 76092

Off MarketInfo
Beds5 Beds
Baths6 Bath
Baths4,568 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$327.28 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Cooktop

Exterior

Private PoolPrivate Pool
Lot Size28,458 sqft

Building Information

Year Built1993
Stories2
Garage Spaces3

Land Information

APN40455C-7-32R
Lot Number32R
SubdivisionStone Lakes Addition
Land UseResidential
Legal DescriptionSTONE LAKES ADDITION BLOCK 7 LOT 32R & PT CE
Census Tract113908
Assessed Land Value$421,020
Assessed Improvement Value$737,671
Assessment Year2025

About this property

Arrive along a quiet, tree lined approach, where the home begins to reveal itself gradually, set within mature landscaping that gives the property a sense of presence. From the start, there is a feeling of balance between the home and its surroundings, where the setting and greenery frame the property and become as much a part of the experience as the home itself. Inside, the home is arranged with a natural sense of flow, where each space connects with ease. The entry opens with height and light, while formal spaces introduce structure and scale. Straight ahead from the entry, an office is positioned with intention, overlooking the patio and pool, creating a workspace that feels both private and connected to the outdoors. The kitchen has been thoughtfully updated, blending clean lines and warm finishes, and opens to the family room, making it a central place for gathering. The primary suite is positioned with privacy in mind, where the pace of the home slows and the space feels more still, complemented by an updated spa like bath that continues the sense of calm and refinement. Upstairs, a game room adds a flexible space for everyday living or entertaining. Four additional bedrooms, each with its own private bath, are arranged with intention, allowing every space to feel purposeful within the overall design. Outdoors, the backyard becomes the highlight, where the setting begins to take over. The covered patio opens to the pool and spa, while the oversized green space stretches beyond, with mature trees and layered landscaping creating a natural backdrop. It is a space that feels expansive yet private, where the landscaping and scale come together to create a setting that is both relaxed and quietly elevated. Although it feels settled and private, the home is just moments from the high school and within Carroll ISD, offering a rare combination of space, setting, and a lifestyle that is distinctly Southlake.

Investor Tools

Property Icon
$1,480,000
Estimated Property Value
$728,367Estimated Mortgage Balance
$751,633Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,970 /month
Positive
Cash Flow Estimate:
$2,990 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,012/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,746
$1,158,691
2025
$421,020
$737,671
$1,158,691
No

Tax History

Year
Tax Paid
Assessed Value
2025
$16,746
$1,158,691

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ally Bank
Conventional
$448,092
No
First
Aug 25, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$728,367
$751,633
50%
49%
$4,636/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

1408 Stone Lakes Drive | Property Details | No Agent List