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NoAgentList RatingHow are grades calculated?Info
Days675Days on Market
Views1view

$1,325,000

275 Timberline Ln, Southlake, TX, 76092

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,688 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.48 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range
FlooringCeramic Tile, Laminate

Exterior

Lot Size1.75 acres

Building Information

Year Built1977
Stories1
Garage Spaces3

Land Information

APN42230--1
Lot Number1
SubdivisionTimberline Estates (Southlake)
Land UseResidential
Legal DescriptionTIMBERLINE ESTATES (SOUTHLAKE) LOT 1
Census Tract113912
Assessed Land Value$524,362
Assessed Improvement Value$36,994
Assessment Year2025

About this property

Discover the unmatched potential of this 1.5-acre lot located in the heart of Southlake, offering a rare chance to build your dream home. Buyer will have the option of either highly sought-after Carroll ISD or Keller ISD. This prime lot provides an exclusive opportunity to collaborate with WillowTree Custom Homes, the award-winning builder renowned for crafting top-tier luxury custom residences. The expansive dimensions allow ample space for a large custom home complete with a garden, pool, or outdoor entertainment area. To optimize the lot size, the new home address is likely to change to a Johnson address, enhancing its appeal and functionality. Don’t miss this unique opportunity to build the home of your dreams in a prestigious community—contact us today for more information or to schedule a viewing.

Investor Tools

$99,712Estimated Mortgage Balance
$723,725Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,950 /month
Positive
Cash Flow Estimate:
$2,650 /month

Interested in this property?

Lyndzie Stroble

Christie's Lone Star

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,457/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,368
$561,356
2025
$524,362
$36,994
$561,356
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,368
$561,356

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Commercial
$100,000
No
First
Mar 19, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$99,712
$709,288
87%
12%
$600/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,530/mo
$600/mo
+$1,930/mo
3.7%

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.

Explore Texas Explore This Area
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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275 Timberline Ln | Property Details | No Agent List