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$1,500,000

1508 Main Street, Southlake, TX, 76092

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,139 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$477.86 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Washer
FlooringCarpet, Hardwood

Exterior

Exterior FeaturesCourtyard
Lot Size3,097 sqft

Building Information

Year Built2005
Stories3
Garage Spaces2

Land Information

APN39618B-21-27
Lot Number27
SubdivisionSouthlake Town Square Brownsto
Land UseResidential
Legal DescriptionSOUTHLAKE TOWN SQUARE BROWNSTO BLOCK 21 LOT 27
Census Tract113956
Assessed Land Value$500,000
Assessed Improvement Value$554,000
Assessment Year2025

About this property

In the heart of Southlake Town Square and zoned to Carroll ISD, this incredible Brownstone places you just steps from everything that makes the area so sought after. Start your mornings with coffee and a walk through the park right across the street, meet friends at Moxies a few doors down, or grab dinner and groceries at Trader Joe’s before strolling home through Town Square. Beautifully updated throughout, the tri level design offers an open downstairs living space filled with natural light and designed for effortless entertaining. The seamless flow extends outdoors to a private patio complete with a water feature, creating the perfect setting to relax after a night in Town Square. With spacious living areas, a private attached garage, and rare yard space in this location, the home delivers a sophisticated lock and leave lifestyle in one of Southlake’s most walkable and vibrant settings.

Investor Tools

$0Estimated Mortgage Balance
$1,440,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,000 /month
Positive
Cash Flow Estimate:
$3,000 /month

Interested in this property?

Amber Butcher

Engel&Volkers Dallas Southlake

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,083/month
$1,647/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,790
$1,054,000
2025
$500,000
$554,000
$1,054,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$17,790
$1,054,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,440,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,130/mo
$1,647/mo
+$1,483/mo
2.6%

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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1508 Main Street | Property Details | No Agent List