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$913,000

NAL Estimated Property Value

2545 Johnson Road, Southlake, TX, 76092

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,458 Sq Ft
price_per_sqft$211.15 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

BankruptcyOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Gas Water Heater
FlooringCeramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Storage
Lot Size1.23 acres

Building Information

Year Built1980
Stories1

Land Information

APN42230--------11---20
Lot Number11,10B
SubdivisionTimberline Estates (Southlake)
Land UseResidential
Legal DescriptionTIMBERLINE ESTATES (SOUTHLAKE) LOT 11 & 10B
Census Tract113912
Assessed Land Value$459,500
Assessed Improvement Value$166,435
Assessment Year2025

About this property

OPEN ENROLLMENT SOUTHLAKE CARROLL ISD ELIGIBLE! Dreamy & fun 1.2 acre wooded park-like grounds+creek in Southlake. FRESHLY REDESIGNED+PROFESSIONALLY REMODELED INSIDE & OUT INCLUDING THE POOL JUST IN TIME FOR SUMMER. Southlake has never looked so good! Open design with practical layout wasting no space. Wow factor from hello. NEW Chef's kitchen with designer cabinets, stainless appliances, & quartz countertops opens to family room with raised ceilings. No carpet-all hard surface flooring. 2 functional living areas plus bonus flex room with amazing views of your outdoor slice of paradise. Updated generously sized master retreat. Oversized walk-in laundry. Large workshop with power. BARGAIN OPPORTUNITY-LOT VALUE!

Investor Tools

Property Icon
$913,000
Estimated Property Value
$427,513Estimated Mortgage Balance
$485,487Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,478 /month
Positive
Cash Flow Estimate:
$1,826 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,237/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,284
$625,935
2025
$459,500
$166,435
$625,935
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,284
$625,935

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Watermark Capital Inc
Conventional
$408,000
No
First
Oct 26, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$427,513
$485,487
53%
47%
$2,837/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,530/mo
$2,837/mo
$-307/mo
3.3%

City: Southlake

2545 Johnson Road | Property Details | No Agent List