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$1,050,000

308 Donley Ct, Southlake, TX, 76092

Off Market

4 Beds

3 Bath

3,306 Sq Ft

Single Family Residence

$317.6 / sqft

Built in 1993

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Garage Available

Heating Central

Cooling

AppliancesTrash Compactor, Dishwasher, Disposal, Gas Cooktop, Microwave, Convection Oven, Double Oven, Tankless Water Heater, Vented Exhaust Fan, Wine Cooler

FlooringCeramic Tile, Hardwood, Marble, Stone, Tile, Wood

Exterior

Private Pool

Exterior FeaturesBalcony, Rain Gutters, Lighting, Private Yard

Lot Size20,395 sqft

Building Information

Year Built1993

Stories2

Garage Spaces3

Land Information

APN39557C-3-37

Lot Number37

SubdivisionSouth Ridge Lakes Addition

Land UseResidential

Legal DescriptionSOUTH RIDGE LAKES ADDITION BLOCK 3 LOT 37 & PT CE

Census Tract113906

Assessed Land Value$351,225

Assessed Improvement Value$655,062

Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED. DEADLINE NOON 29 OCT. STUNNING HOME. Private Lot. Meticulously Maintained & Turnkey. Gorgeous Primary Bath & Large Closet. 2nd Bdrm Down. Kitchen Island, SS Appliances, Coffee Bar, Gas Cktop, Pot Filler, Walk-in Pantry, Heavy Duty Under Cabinet Lift & Taj Mahal Marble. Open Floor Plan, Fabulous for Entertaining. Cozy Family & Oversized Bkft Space accom 72in Rnd Tbl. Mudroom. Laundry room w sink & space for a refrigerator. Upstairs offers ensuite jack & jill bath. Bonus Rm Opens to Balcony overlooking Pool. Used as an Exercise Rm, would be a Great Space for Kiddos or Home Office. Culdesac, 3 Car Garage & Circle Drive. AC Compressor & Condensor Serviced Annually. New Pool Sweep & Pump. Ring Security. Renovated Kitchen Plumbed for Gas. Fresh Paint. Sliding Door in Primary Bedroom. New Windows. Additional Garage Cabinets. Attic Elevator. Tankless Water Heaters. Updated Fireplaces. Salt Water Pool Conversion. New Wood Fence. Primary Closet Flr Safe.

Investor Tools

$1,257,000

Estimated Property Value

$766,550Estimated Mortgage Balance

$510,903Estimated Equity

39% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$7,542 /month

Positive

Cash Flow Estimate:

$2,514 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,990/month

$870/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$17,600

$1,006,287

2025

$351,225

$655,062

$1,006,287

Tax History

Year

Tax Paid

Assessed Value

2024

$17,600

$1,006,287

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Texas Mortgage Associates Inc

Conventional

$766,550

First

Nov 11, 2024

Dec 2039

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$746,097

$510,903

40%

59%

$4,596/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,130/mo

$5,466/mo

$-2,336/mo

3.0%

Learn About the Market: Opportunity in Texas

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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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