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$2,812,000

NAL Estimated Property Value

1614 Fair Oaks Drive, Westlake, TX, 76262

Off MarketInfo
Beds5 Beds
Baths6 Bath
Baths5,883 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$237.12 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Double Oven
FlooringCarpet, Stone, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit, Rain Gutters, Lighting
Lot Size36,795 sqft

Building Information

Year Built2004
Stories2
Garage Spaces4

Land Information

APN15633-A-22
Lot Number22
SubdivisionGlenwyck Farms Addition
Land UseResidential
Legal DescriptionGLENWYCK FARMS ADDITION BLOCK A LOT 22
Census Tract113906
Assessed Land Value$478,410
Assessed Improvement Value$1,526,590
Assessment Year2025

About this property

Exquisite estate in gated community with CHOICE OF CARROLL ISD OR WESTLAKE ACADEMY. Enjoy the PRIVATE BACKYARD OASIS with saltwater pool, covered outdoor patio with fireplace, fridge & built-in gas grill. Bright open floor plan with windows throughout. Luxury amenities include: solid core doors, rich hardwoods, plantation shutters, soaring ceilings, wood beams, gourmet kitchen with Thermador appliances, oversized master suite with bathroom retreat, amazing GAME ROOM with bar AND MOVIE ROOM. Full guest suite downstairs. Comfortable LIBRARY with fireplace and built-in shelving. Large four-car garage with built-in workshop area. So many incredible details! And there is a BEAUTIFUL PARK just a quick walk away.

Investor Tools

Property Icon
$2,812,000
Estimated Property Value
$1,113,023Estimated Mortgage Balance
$1,698,977Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$16,872 /month
Positive
Cash Flow Estimate:
$5,624 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,544/month
$2,950/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$28,463
$2,005,000
2025
$478,410
$1,526,590
$2,005,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$28,463
$2,005,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bbva Usa
Conventional
$1,255,360
No
First
Jul 30, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,113,023
$1,698,977
60%
40%
$7,527/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: Westlake

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1614 Fair Oaks Drive | Property Details | No Agent List