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$1,695,000

177 Summit Ave, Southlake, TX, 76092

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths4 Bath
Baths3,794 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$446.76 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBuilt-in Barbecue, Courtyard, Gas Grill, Rain Gutters, Lighting, Outdoor Grill
Lot Size3,045 sqft

Building Information

Year Built2005
Stories3
Garage Spaces2

Land Information

APN39618B-24-9
Lot Number9
SubdivisionSouthlake Town Square Brownsto
Land UseResidential
Legal DescriptionSOUTHLAKE TOWN SQUARE BROWNSTO BLOCK 24 LOT 9
Census Tract113956
Assessed Land Value$500,000
Assessed Improvement Value$816,652
Assessment Year2025

About this property

Welcome home to one of Southlake's most desirable communities, Town Square. Lock & leave, low maintenance living. Walk to shops, restaurants, parks, movies. Wonderful location directly across the street from the park with mature trees. Enter thru iron glass doors to nice sized entry, dining rm or sitting area with bricked accent wall, faux painted walls, handscraped wood floors, shutters throughout. Elevator for easy access to upper floors. Kitchen has beautiful quartz countertops with dramatic under mount lighting, stainless appliances, braided stone backsplash, custom lighting, walk in pantry with custom Elfa shelving. Kitchen opens to main living and breakfast area, brick accent wall, fireplace with stunning tiled surround, mantle. Half bath. Door and windows look out to oversized courtyard, 15 feet longer than most other lots, large pool with spa, arbor with elevated seating area, BBQ with granite counter, covered walk to garage. Guest room with ensuite bath above the garage would be a great home office or another living area. Wood riser stairs with wrought iron balusters lead to each floor with more faux painting. Laundry room is located on the 2nd floor near oversized owner's suite with sitting area which overlooks the beautiful park. Owner's suite offers large walk in closet, tub, shower, separate vanities. Bedrm 2 on 2nd floor has ensuite bath with walk in shower, overlooks courtyard. 3rd floor offers large game room with wet bar, windows overlook courtyard, half bath, 2 more bedrooms look over the park, full bath. 1 owner, meticulously lived in. Don't miss out on this opportunity to live in this great community. Entertain in style! Buyer to verify schools, square footage, info deemed reliable, not guaranteed. 12 min to DFW airport, quick access to most main highways. PLEASE SEE MAKING THE OFFER DOC AND HOME INFO IN DOCUMENTS

Investor Tools

Property Icon
$1,682,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,682,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,170 /month
Positive
Cash Flow Estimate:
$3,390 /month

Interested in this property?

Brenda Colvin

Coldwell Banker Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,547/month
$1,932/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,155
$1,316,652
2025
$500,000
$816,652
$1,316,652
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,155
$1,316,652

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,682,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$1,932/mo
$-22/mo
1.4%

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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