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$371,000

NAL Estimated Property Value

301 Watermere Drive 212, Southlake, TX, 76092

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,572 Sq Ft
price_per_sqft$139.95 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Refrigerator
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built2008
Garage Spaces2

Land Information

APN45259C---T--212
Lot Number212
SubdivisionWatermere At Southlake Condo
Land UseResidential
Legal DescriptionWATERMERE AT SOUTHLAKE CONDO BLOCK T LOT 212 SOUTH TOWER .5207% OF C A
Census Tract113912
Assessed Land Value$70,000
Assessed Improvement Value$292,423
Assessment Year2025

About this property

This gorgeous condo exudes luxury from the moment you arrive & is ready to impress with 2 large bedrooms & 2.5 bathrooms. You will love the fresh paint, new carpet, stunning wood floors in the living areas, & gourmet kitchen with new cooktop, granite, & under cabinet lighting. Master bath features granite, tons of storage & separate jetted tub & shower. Oversized covered balcony extends the entire length of the unit. The building is gate secured & offers an attached enclosed hallway for easy access to the clubhouse, fine & casual dining, fitness center, library, & so much more. Don't forget about the other amenities included in your membership including concierge, golf, housekeeping & local transportation.

Investor Tools

Property Icon
$371,000
Estimated Property Value
$0Estimated Mortgage Balance
$371,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,226 /month
Positive
Cash Flow Estimate:
$742 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$319/month
$2,300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,975
$362,423
2025
$70,000
$292,423
$362,423
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,975
$362,423

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$371,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$2,300/mo
$-390/mo
6.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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301 Watermere Drive 212 | Property Details | No Agent List