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$940,000

NAL Estimated Property Value

3240 Woodland Dr, Southlake, TX, 76092

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1.15 acres

Land Information

APN39490-8-1
Lot Number1
SubdivisionSouth Lake Park Addition
Land UseResidential
Legal DescriptionSOUTH LAKE PARK ADDITION BLOCK 8 LOT 1
Census Tract113955
Assessed Land Value$472,303
Assessment Year2025

About this property

Possibilities are endless with this heavily wooded 1.153 acre Southlake lot located in Carroll ISD! Located next to Corp property this lot is positioned to enjoy evening sunsets and the tranquility of mother natures surroundings. Bring your builder and design the home of your dreams. NO HOA! Fantastic ability to have a walk out style basement or an oversized garage under your home! Walking distance from North Park. Minutes away from highway access, Southlake Town Square and Bob Jones Park. Small shared pond and feeder creek along back corner of property. Low cost community water supply and septic sewer required will help lower monthly utility costs! For aerial video visit vimeo and search 3240 Woodland Dr.

Investor Tools

Property Icon
$940,000
Estimated Property Value
$297,825Estimated Mortgage Balance
$642,175Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,640 /month
Positive
Cash Flow Estimate:
$1,880 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,164/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,264
$472,303
2025
$472,303
N/A
$472,303
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,264
$472,303

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Servis One Inc
Unknown
$300,000
No
First
Dec 5, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$297,825
$642,175
68%
32%
$1,799/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: Southlake

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3240 Woodland Dr | Property Details | No Agent List