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$869,000

NAL Estimated Property Value

3179 Southlake Park Road, TX, 76092

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,066 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$447.73 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Oven

Exterior

Private PoolPrivate Pool
Lot Size34,382 sqft

Building Information

Year Built1979
Garage Spaces2

Land Information

APN39490-4-7R
Lot Number7R
SubdivisionSouth Lake Park Addition
Land UseResidential
Legal DescriptionSOUTH LAKE PARK ADDITION BLOCK 4 LOT 7R
Census Tract113955
Assessed Land Value$461,790
Assessed Improvement Value$261,783
Assessment Year2025

About this property

Situated on an expansive 0.789-acre lot in the highly sought-after Southlake area surrounded by nature and near Grapevine Lake, this property offers a unique opportunity to build the home of your dreams. The true value lies in the land itself, as the existing structure holds less value and is being sold as-is. With no HOA restrictions, you're free to bring your own builder and design a custom home. The lot features mature trees and generous grassed space. Located on Southlake Park Rd just north of Highway 114, it offers a peaceful, private setting while remaining close to everyday conveniences. Enjoy easy access to DFW Airport, top-rated Carroll ISD schools, and Southlake Town Square with its premium shops, restaurants, and entertainment. The generous size of this lot provides ample space for a large home, a pool, and a spacious backyard. Don’t miss this exceptional opportunity to create your own private retreat in one of Southlake’s most prestigious communities.

Investor Tools

Property Icon
$869,000
Estimated Property Value
$643,139Estimated Mortgage Balance
$225,861Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,550 /month
Positive
Cash Flow Estimate:
$1,850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,626/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,162
$723,573
2025
$461,790
$261,783
$723,573
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,162
$723,573

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Portfolio Mortgage Corp
Unknown
$645,000
No
First
Mar 13, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$643,139
$225,861
25%
74%
$3,868/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,530/mo
$3,868/mo
$-1,338/mo
3.5%

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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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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3179 Southlake Park Road | Property Details | No Agent List