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$799,900

216 Canyon Lake Dr, Southlake, TX, 76092

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,886 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$277.17 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size20,029 sqft

Building Information

Year Built1995
Garage Spaces3

Land Information

APN23130C-2-13
Lot Number13
SubdivisionLake Crest Addition
Land UseResidential
Legal DescriptionLAKE CREST ADDITION BLOCK 2 LOT 13 & PART OF COMMON AREA
Census Tract113908
Assessed Land Value$344,925
Assessed Improvement Value$563,351
Assessment Year2025

About this property

Buyers financing fell through due to no fault of the home, BACK ON MARKET and a Great Opportunity! Welcome to this fabulous single story home on almost half an acre lot in the heart of Southlake with loads of potential! This four bedroom, two and a half bath, plus bonus space off the master bath, is perfectly situated in a desirable location. It is in close proximity to Bicentennial Park, Southlake Boulevard, and Highway 114.  This home has two living areas, a dining area and split master bedroom.  A true highlight of this home is the large backyard that has landscaping to work with and a sparkling pool making it the perfect place to relax on a hot summer day.  New roof installed in 2025. Don’t miss the opportunity to make this extraordinary house your home! BEST and FINAL at 2 pm today Wednesday April 30th 2025

Investor Tools

Property Icon
$908,276
Estimated Property Value
$0Estimated Mortgage Balance
$908,276Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,450 /month
Positive
Cash Flow Estimate:
$1,817 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$996/month
$865/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,412
$908,276
2025
$344,925
$563,351
$908,276
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,412
$908,276

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$908,276
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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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216 Canyon Lake Dr | Property Details | No Agent List