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$1,270,000

NAL Estimated Property Value

309 Montpelier Drive, Southlake, TX, 76092

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,181 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$322.23 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3.5Bathrooms 3.5
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Convection Oven, Double Oven, Plumbed For Ice Maker, Refrigerator
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard, Storage
Lot Size5,937 sqft

Building Information

Year Built2016
Garage Spaces2

Land Information

APN6344G-18-5
Lot Number5
SubdivisionCarillon
Land UseResidential
Legal DescriptionCARILLON BLOCK 18 LOT 5
Census Tract113956
Assessed Land Value$215,000
Assessed Improvement Value$865,000
Assessment Year2025

About this property

Highly popular Carillon Villa. No detail is overlooked from the plantation shutters to the gorgeous wood floors to an open floor plan perfect for entertaining. Front study or living room includes double doors opening to a front yard patio. Large dining area is off the kitchen with an expansive island and ample cupboard space with top level decorative glass cabinets. The owner suite and two bedrooms are on the first level. A large oversized bedroom is upstairs off the gameroom. Enjoy the completely private covered patio with extended stonework floor and beautiful, professionally designed landscape. Front yard maintenance is provided by the HOA and the side yard is maintenance free, no grass, so a truly lock and leave home. Oversized two car garage with epoxy flooring and large hanging shelves maximize the space for storage. Carillon offers a resort style community pool around the corner from the Villa as well as parks, walking trails, playground and stocked lake. Welcome home.

Investor Tools

Property Icon
$1,270,000
Estimated Property Value
$444,066Estimated Mortgage Balance
$825,934Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,620 /month
Positive
Cash Flow Estimate:
$2,540 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,901/month
$2,950/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,457
$1,080,000
2025
$215,000
$865,000
$1,080,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,457
$1,080,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Provident Funding Associates Lp
Conventional
$480,000
No
First
May 31, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$444,066
$825,934
65%
35%
$2,878/mo

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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309 Montpelier Drive | Property Details | No Agent List