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$2,200,000

3308 Wellington Ln, Northlake, TX, 76247

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths5,450 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$403.67 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Double Oven, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBasketball Court, Fire Pit, Rain Gutters, Lighting, Private Yard
Lot Size1.01 acres

Building Information

Year Built2023
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR1008027
Lot Number18
SubdivisionThe Highlands Phase 3a
Land UseCommercial
Legal DescriptionTHE HIGHLANDS PHASE 3A BLK F LOT 18
Census Tract020314
Assessed Land Value$294,471
Assessed Improvement Value$991,679
Assessment Year2025

About this property

Located in one of Northlake’s most desirable communities, welcome to 3308 Wellington Lane, where luxury living meets unmatched versatility in The Highlands of Northlake. Situated on a full acre, this extraordinary estate offers an expanded footprint of over 6,000 square feet of combined living space designed for modern lifestyles, multi generational living, and elevated entertaining. The main residence showcases 5 spacious bedrooms and 4 bathrooms across 4,092 square feet, featuring a seamless open concept design, private office, and a chef inspired kitchen complete with double islands and a chef grade slide in range. The grand living room is anchored by a stunning cast stone fireplace, soaring vaulted ceilings and custom wood trusses that create a warm yet sophisticated atmosphere. What truly sets this property apart are the extensive upgrades that transform this home into a private compound. A detached guest house adds exceptional flexibility, complete with its own full kitchen, custom cabinetry, full bathroom, and a built in Murphy bed, perfect for guests, extended family, or income producing opportunities. Car enthusiasts, business owners and hobbyists will appreciate the impressive 30x40 detached garage, offering approximately 1,200 square feet of space ideal for RV storage, work trucks, or multiple vehicles. Above the garage, a fully equipped 18x40 private gym with its own bathroom and separate access creates the ultimate fitness retreat or bonus living space. Step outside to your resort style backyard, now fully transformed into an entertainer’s dream. Enjoy a custom pool and spa, expansive outdoor living areas, and a private basketball court, delivering the perfect balance of relaxation and recreation on your one acre lot. With the added living quarters, gym space, and guest accommodations, this property offers an exceptional combination of bedrooms, bathrooms, and functional square footage rarely found in today’s market.

Investor Tools

Property Icon
$1,289,000
Estimated Property Value
$1,080,000Estimated Mortgage Balance
$258,010Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,200 /month
Positive
Cash Flow Estimate:
$4,400 /month

Interested in this property?

Prince Whiting IV

The Whiting Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,495/month
$1,400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$23,494
$1,286,150
2025
$294,471
$991,679
$1,286,150
No

Tax History

Year
Tax Paid
Assessed Value
2025
$23,494
$1,286,150

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Clearedge Lending Llc
Conventional
$1,080,000
No
First
Jan 9, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,030,990
$258,010
20%
80%
$6,476/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,120/mo
$7,876/mo
$-4,756/mo
2.9%

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: Northlake

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3308 Wellington Ln | Property Details | No Agent List