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$1,225,000

1409 Pecos Drive, Southlake, TX, 76092

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,418 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$203.34 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Microwave, Convection Oven, Double Oven, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Stone, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size22,577 sqft

Building Information

Year Built1991
Stories2
Garage Spaces3

Land Information

APN39557C-4-26
Lot Number26
SubdivisionSouth Ridge Lakes Addition
Land UseResidential
Legal DescriptionSOUTH RIDGE LAKES ADDITION BLOCK 4 LOT 26 & PT CE
Census Tract113906
Assessed Land Value$380,490
Assessed Improvement Value$485,781
Assessment Year2025

About this property

NEW ROOF!! Impressive 4 Bed 3 Bath 3 Car is 3418 sq ft of Updates & Upgrades at EVERY turn! Master Bath Reno, Marble, Sep Vanities, Freestanding Tub & Tankless Hot Water Heater. 2nd Bed DOWNSTAIRS is Private w Side Entry Access. Great for an OFFICE or extended stay guests. Kitchen is Totally Updated w SS Appliances & an INDUCTION Cooktop. Walls of windows overlook the Pool & PRIVATE Backyard - TONS of Green Space! Half Acre Lot. Morning Sun & Afternoon Shade. Perfect for Texas!! NEW Zoysia Sod. Rare Diving Pool w NEW Pool Equipt & Tanning Ledge. Oversized closets & Add Storage is Out of Sight! See attachment! Quiet, Oversized Lots, Sidewalks, Clubhouse, Playground, Community Pool, Stocked Lakes & Tennis Courts.

Investor Tools

Property Icon
$1,225,000
Estimated Property Value
$0Estimated Mortgage Balance
$797,330Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,350 /month
Positive
Cash Flow Estimate:
$2,450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,753/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,906
$866,271
2025
$380,490
$485,781
$866,271
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,906
$866,271

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lrs Financial Network Inc
Conventional
$480,400
No
First
Sep 23, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$427,670
$797,330
65%
35%
$2,881/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,130/mo
$3,281/mo
$-151/mo
3.1%

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

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