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$689,000

NAL Estimated Property Value

343 Watermere Dr, Southlake, TX, 76092

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths2,453 Sq Ft
price_per_sqft$281.25 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Private Yard

Building Information

Year Built2014
Garage Spaces2

Land Information

APN45259C---V--343
Lot Number343
SubdivisionWatermere At Southlake Condo
Land UseResidential
Legal DescriptionWATERMERE AT SOUTHLAKE CONDO BLOCK V LOT 343 VILLA .7846% OF C A
Census Tract113912
Assessed Land Value$100,000
Assessed Improvement Value$512,824
Assessment Year2025

About this property

Stunning Age-restricted property in highly desirable area of Watermere in Southlake. This villa is a one story home with 2 bedrooms, 2 baths, huge bonus room, all on one floor. Tons of light, hand scraped wood flooring, new paint and carpet makes this home a one of a kind. HOA dues include access to pool, work out center, restaurant, walking trails, club house and other amenities provided in this special community.

Investor Tools

Property Icon
$689,000
Estimated Property Value
$0Estimated Mortgage Balance
$689,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,139 /month
Positive
Cash Flow Estimate:
$1,380 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,082/month
$2,850/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,541
$612,824
2025
$100,000
$512,824
$612,824
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,541
$612,824

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$689,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$2,850/mo
$-940/mo
3.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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343 Watermere Dr | Property Details | No Agent List