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$1,818,000

3232 Wellington Lane, Northlake, TX, 76247

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths4,230 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$429.79 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 5Bathrooms 5
AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Range, Ice Maker, Microwave
FlooringCarpet, Tile, Wood

Exterior

Lot Size1.01 acres

Building Information

Garage Spaces3

Land Information

APNR1008025
Lot Number16
SubdivisionThe Highlands Phase 3a
Land UseResidential
Legal DescriptionTHE HIGHLANDS PHASE 3A BLK F LOT 16
Census Tract020314
Assessed Land Value$176,727
Assessment Year2025

About this property

In the heart of The Highlands of Northlake lies a rare gem, a beautiful brand new single story custom home that perfectly marries elegance, functionality, and craftsmanship. Built by Independence Custom Homes, this 4,230 square foot residence sits on over an acre, offering breathtaking views of the neighborhood and the horizon beyond. The open layout is flooded with natural light, highlighting the intricate trim work and meticulous craftsmanship that flows throughout the home. Designed for both comfort and sophistication, the home features five spacious bedrooms, five bathrooms, and a versatile bonus flex room, all thoughtfully arranged on one level. The primary suite is a true retreat, featuring a beautiful bedroom with a sit in space, a huge walk in closet and a private sauna, creating a spa like experience right at home. Outdoor living is elevated to an art form with a beautifully appointed space featuring a fireplace, a Green Egg and a gas grill, perfect for entertaining or simply enjoying serene evenings. Inside, the home is pre-wired for a full smart home system, complemented by Lutron lighting throughout, ensuring convenience, efficiency, and modern luxury at your fingertips. While the beauty of this home is immediately visible, many underlying features work quietly behind the scenes, designed to enhance comfort and assure an exceptional living experience. From the architectural planning to the hidden details, every aspect reflects a commitment to quality and thoughtful design. Opportunities like this are rare. Experience the unmatched lifestyle of 3232 Wellington Lane for yourself. Schedule your private tour today and see how every detail contributes to a home where elegance meets everyday living!

Investor Tools

Property Icon
$213,000
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,908 /month
Positive
Cash Flow Estimate:
$3,636 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$527/month
$980/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,263
$176,727
2025
$176,727
N/A
$176,727
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,263
$176,727

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Legend Bank Na
Building Or Construction Loan
$1,337,684
No
First
Feb 21, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,308,090
N/A
0%
614%
$8,021/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.

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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: Northlake

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