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$1,181,000

NAL Estimated Property Value

245 Silverwood Cir, Southlake, TX, 76092

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,481 Sq Ft
price_per_sqft$323.18 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Double Oven
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting
Lot Size16,562 sqft

Building Information

Year Built1993
Stories1
Garage Spaces3

Land Information

APN42160C-3-5
Lot Number5
SubdivisionTimarron Addn - The Highlands
Land UseResidential
Legal DescriptionTIMARRON ADDN - THE HIGHLANDS BLOCK 3 LOT 5 & PT CE
Census Tract113957
Assessed Land Value$200,000
Assessed Improvement Value$576,529
Assessment Year2025

About this property

Available again! Gracious single story executive home has been completely updated with impeccable taste, with hardwood flooring throughout, fresh paint inside and out, quartz, bathroom updates, lighting updates and an impressive custom iron doorway. Generously sized formals, separate study, gorgeous spa like master suite, split bedrooms. Recent roof, 3 ton AC, gutters, solar screens, water heaters, driveway gate, and garage door openers. Bonus room above garage would make perfect media room and is foam insulated. Updated kitchen, new appliances, coffee bar. Shutters on most windows. Lovely covered patio with cabana drapes leads to a sparkling pool and spa with new pump and heater. Outdoor kitchen features upscale grill, side burner and beverage cooler to complete the outdoor entertainment package. Pool has pebbletek finish and deck recently updated with dimensional travertine stone. Bonus amenities include a putting green and generator. Professionally landscaped, move in ready.

Investor Tools

Property Icon
$1,181,000
Estimated Property Value
$756,441Estimated Mortgage Balance
$424,559Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,086 /month
Positive
Cash Flow Estimate:
$2,362 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,176/month
$1,350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,204
$776,529
2025
$200,000
$576,529
$776,529
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,204
$776,529

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$770,000
No
First
May 28, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$756,441
$424,559
35%
64%
$4,617/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,130/mo
$5,967/mo
$-2,837/mo
3.2%

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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245 Silverwood Cir | Property Details | No Agent List