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$1,099,000

1589 Main Street, Southlake, TX, 76092

$1,347,410 ARVInfo
Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths3,643 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$301.67 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesBalcony, Rain Gutters, Lighting
Lot Size3,315 sqft

Building Information

Year Built2006
Stories3
Garage Spaces2

Land Information

APN39618B-24-20
Lot Number20
SubdivisionSouthlake Town Square Brownsto
Land UseResidential
Legal DescriptionSOUTHLAKE TOWN SQUARE BROWNSTO BLOCK 24 LOT 20
Census Tract113956
Assessed Land Value$500,000
Assessed Improvement Value$887,934
Assessment Year2025

About this property

Welcome home to this Luxurious 3 Story Brownstone located in the heart of Southlake Town Square!!! Walk to everything including high-end shopping, dining & entertainment. This home has been meticulously maintained and is truly move-in ready! 4 Bedrooms, 3.5 Bath plus a full Guest suite-Private office with a full bath and private access above garage! Beautiful Hardwoods, Plantation Shutters & ELEVATOR! Kitchen boasts stainless, gas stove & opens to the living w cozy fireplace. Additional Living or Gameroom with wet bar & balcony on the 3rd floor. Private Courtyard with mature trees, turf, gorgeous landscaping & built-in grill for indoor-outdoor living!

Investor Tools

Property Icon
$1,474,000
Estimated Property Value
$0Estimated Mortgage Balance
$342,533Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,347,409
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,844 /month
Positive
Cash Flow Estimate:
$2,948 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,637/month
$1,692/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$24,275
$1,387,934
2025
$500,000
$887,934
$1,387,934
No

Tax History

Year
Tax Paid
Assessed Value
2024
$24,275
$1,387,934

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Morgan Stanley Private Bank Na
Conventional
$1,150,000
No
First
Jun 27, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,131,467
$342,533
23%
77%
$6,895/mo

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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1589 Main Street | Property Details | No Agent List