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
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$2,871,000

NAL Estimated Property Value

1612 Fair Oaks Dr, Westlake, TX, 76262

Off MarketInfo
Beds5 Beds
Baths6 Bath
Baths5,455 Sq Ft
price_per_sqft$504.12 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesSome Gas Appliances, Double Oven, Dishwasher, Electric Oven, Disposal, Ice Maker, Microwave, Plumbed For Gas, Range, Some Commercial Grade
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting, Outdoor Grill, Rain Gutters
Lot Size36,795 sqft

Building Information

Year Built2001
Stories2
Garage Spaces4

Land Information

APN15633-A-23
Lot Number23
SubdivisionGlenwyck Farms Addition
Land UseResidential
Legal DescriptionGLENWYCK FARMS ADDITION BLOCK A LOT 23
Census Tract113906
Assessed Land Value$478,410
Assessed Improvement Value$1,592,636
Assessment Year2025

About this property

EXCEPTIONAL WESTLAKE VALUE. OFFERED AT $2,750,000 AT JUST $504 PER SQUARE FOOT ON .845 ACRES. LOWEST PRICED ACTIVE HOME IN WESTLAKE WITH 4,000 PLUS SQUARE FEET. Welcome to resort style living in the heart of Westlake. Set on nearly an acre priced under $3M within the exclusive gated community of Glenwyck Farms, this custom estate offers an exceptional combination of timeless architecture, updated interiors, and outdoor amenities designed for entertaining and everyday enjoyment. Spanning 5,455 square feet, the home offers expansive yet comfortable living spaces, including a private study, multiple gathering areas, and a thoughtfully designed floor plan with room for both everyday living and entertaining. The updated kitchen serves as the heart of the home and features premium Viking appliances, new countertops and backsplash, a large center island, breakfast bar, and abundant workspace. The true centerpiece of the property is the resort inspired backyard. Surrounded by mature landscaping, the private outdoor setting features a pool and spa with rock waterfall and slide, covered patio, and an impressive cabana complete with a built in grill and stone fireplace. Whether hosting a large gathering or enjoying a quiet evening at home, the outdoor spaces create an experience rarely found at this price point in Westlake. Additional highlights include a four car garage, generous bedroom suites, multiple fireplaces, and exceptional flexibility throughout the home. Residents of Glenwyck Farms enjoy a gated setting with scenic ponds and walking trails connecting throughout the Town of Westlake, along with convenient access to nearby shopping, dining, and Life Time Fitness. Families also have the opportunity to choose between Westlake Academy and Carroll ISD. Offering nearly an acre, resort style amenities, privacy, and exceptional Westlake location, 1612 Fair Oaks Drive represents a rare opportunity to own a luxury estate at one of the most compelling price points in Westlake.

Investor Tools

Property Icon
$2,871,000
Estimated Property Value
$1,166,013Estimated Mortgage Balance
$1,711,466Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$17,226 /month
Positive
Cash Flow Estimate:
$5,742 /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
$3,211/month
$5,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$24,181
$2,071,046
2025
$478,410
$1,592,636
$2,071,046
No

Tax History

Year
Tax Paid
Assessed Value
2025
$24,181
$2,071,046

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Waterstone Mortgage Corp
Conventional
$1,265,000
No
First
Apr 20, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,166,013
$1,127,987
49%
41%
$7,585/mo

City: Westlake

1612 Fair Oaks Dr | Property Details | No Agent List