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$1,117,000

NAL Estimated Property Value

302 Sterling Ct Ste Rling, Southlake, TX, 76092

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,960 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$293.92 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Private PoolPrivate Pool
Lot Size20,038 sqft

Building Information

Year Built1991
Stories2
Garage Spaces2

Land Information

APN39557C-1-33
Lot Number33
SubdivisionSouth Ridge Lakes Addition
Land UseResidential
Legal DescriptionSOUTH RIDGE LAKES ADDITION BLOCK 1 LOT 33 & PT CE
Census Tract113906
Assessed Land Value$345,075
Assessed Improvement Value$536,925
Assessment Year2025

About this property

Stunning 4Beds, 3Baths home w highly sought-after open floorplan & impeccable finishes throughout in Carroll ISD. There is a bonus room upstairs can be a kid's playroom or an office. Chef’s inspired kitchen w Granite countertops, bunch of cabinets, electric cooktop, built-in oven, built-in wine refrigerator and a pretty island open to the high ceiling family room with a gas fireplace. Pamper yourself in the large primary suite with master bath offering separate vanities, a large walk-in closet, a separate shower, & a soaking tub. Second bedroom in downstairs is a benefit for little kids and parents. Upstairs features a large game room, 2 bedrooms and a full bath. Enjoy your big family time in the spacious backyard with a beautiful pool. 5mins walking distance to the lovely community pool, clubhouse, tennis courts and playground.

Investor Tools

Property Icon
$1,117,000
Estimated Property Value
$627,248Estimated Mortgage Balance
$489,752Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,702 /month
Positive
Cash Flow Estimate:
$2,234 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,751/month
$483/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,426
$882,000
2025
$345,075
$536,925
$882,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,426
$882,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$661,500
No
First
Jul 20, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$627,248
$489,752
43%
56%
$3,967/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,130/mo
$4,450/mo
$-1,320/mo
3.4%

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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302 Sterling Ct Ste Rling | Property Details | No Agent List