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$775,000

2511 Greenbough Lane, Southlake, TX, 76092

$1,007,500 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,094 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$189.3 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListARV FlipHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Convection Oven, Double Oven, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size1.49 acres

Building Information

Year Built2006
Stories2
Garage Spaces4

Land Information

APN14767--8
Lot Number8
SubdivisionFreeman, S #525 Addition
Land UseResidential
Legal DescriptionFREEMAN, S #525 ADDITION LOT 8
Census Tract113707
Assessed Land Value$672,570
Assessed Improvement Value$822,632
Assessment Year2025

About this property

One owner custom home on wooded lot. Beautiful pool and spa, covered porch, plus built-in outdoor grill. Home custom built with many amenities including hand-scraped hardwood floors, granite tops, stainless steel appliances, steam shower, stone veneer, an outdoor kitchen by the pool & spa, & more. Energy efficient with geothermal variable speed HVAC, low maintenance vinyl windows(Low-E), circulating instant hot water, sprayed in foam insulation, & attic radiant barrier. 3 - 50 gallon hot water heaters. Tons of extra storage in master his+hers closets, garage, and attic. Great location. quick access to Hwy 114.

Investor Tools

Property Icon
$2,233,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,982,406Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$1,007,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,398 /month
Positive
Cash Flow Estimate:
$4,466 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,928/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,977
$1,495,202
2025
$672,570
$822,632
$1,495,202
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,977
$1,495,202

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The First National Bank & Trust Co
Conventional
$286,800
No
First
Dec 27, 2019
Jan 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$250,594
$1,982,406
88%
11%
$1,720/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,530/mo
$1,720/mo
+$810/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.

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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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2511 Greenbough Lane | Property Details | No Agent List