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$800,000

NAL Estimated Property Value

215 Park Ridge Blvd, Southlake, TX, 76092

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size3,010 sqft

Land Information

APN15045J-24-28R1
Lot Number28R1
SubdivisionGarden Dist & Brownstones
Land UseOther / Unknown
Legal DescriptionGARDEN DIST & BROWNSTONES BLOCK 24 LOT 28R1
Census Tract113956
Assessed Land Value$385,000
Assessment Year2025

About this property

The Garden District is comprised of 30 lots, including 21 Meeting Street lots and 9 Park Ridge Blvd lots. Park Ridge Blvd Custom Lots offer the last remaining opportunity for a Buyer to create a one-of-a-kind Downtown Residence in Southlake Town Square. These last 5 lots on Park Ridge Blvd are now for sale to accommodate 3 Brownstones. Tuck-under garage design can accommodate up to 5 cars without tandem parking,rm for swimming pool, outdoor kitchen, dining area, and more. Each lot easily accommodates a home bw 5,000-8,000sqft w ample outdoor liv space. View of Grove Park will be across the st. Opt Custom floor plans are available and can be modified and built by Calais Custom Homes. Walk to Shops & Restaurants.

Investor Tools

Property Icon
$800,000
Estimated Property Value
$516,034Estimated Mortgage Balance
$283,966Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,800 /month
Positive
Cash Flow Estimate:
$1,600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$894/month
$6,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,734
$385,000
2025
$385,000
N/A
$385,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,734
$385,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank & Trust Co
Arm (Adjustable Rate Mortgage)
$560,000
No
First
Jan 11, 2022
Feb 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$516,034
$283,966
35%
65%
$2,755/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.

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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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215 Park Ridge Blvd | Property Details | No Agent List