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$1,300,000

350 Central Ave Unit 409, Southlake, TX, 76092

$1,361,440 ARVInfo
Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,566 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$506.63 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 3Bathrooms Full 3
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Oven, Ice Maker, Microwave, Double Oven, Vented Exhaust Fan, Wine Cooler
FlooringCarpet, Tile

Exterior

Exterior FeaturesBalcony, Built-in Barbecue, Courtyard, Fire Pit, Gas Grill, Lighting, Storage
Lot Size2,627 sqft

Building Information

Year Built2018
Garage Spaces2

Land Information

APN31781C------409
Lot Number409
SubdivisionParkview Condominium
Land UseResidential
Legal DescriptionPARKVIEW CONDOMINIUM LOT 409 2.8773% COMMON AREA
Census Tract113956
Assessed Land Value$150,000
Assessed Improvement Value$1,200,000
Assessment Year2025

About this property

Desirable corner unit in highly sought-after Parkview Residences in Southlake Town Square. Open floor plan offers kitchen with oversized island, open to the dining and living area. High end appliances and finishes throughout home. Electric fireplace in living area, electric shades throughout. 2 private terrace patios overlook the park. Flex room and half bath off the kitchen. The home is equipped with a Control4 Smart Home Automation system, see attached documents for AV info. TV’s convey. Owner’s suite offers a luxurious bath, large walk in closet with custom California Closet System. Direct access to laundry room for convenience. Washer and dryer convey. 2nd bedroom has a large walk in closet with full bath. Separate climate controlled storage area. Parkview residents enjoy exclusive amenities. Gym, fitness studio, conference center, owner’s lounge and clubroom. Rooftop patio-deck, 2 BBQ areas, seating, lounging area, water feature, lawn games. 2 assigned parking spaces near entrance door of private garage. Move in before the new year. Don't miss out on this wonderful property and community. Walk to restaurants, movies, shops. Low maintenance luxury living. Minutes from DFW and most major highways.

Investor Tools

Property Icon
$1,383,000
Estimated Property Value
$700,000Estimated Mortgage Balance
$700,610Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,361,439
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,298 /month
Positive
Cash Flow Estimate:
$2,766 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,181/month
$1,655/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19,251
$1,350,000
2025
$150,000
$1,200,000
$1,350,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$19,251
$1,350,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Western Trust Bank
Conventional
$700,000
No
First
Dec 12, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$682,390
$700,610
50%
49%
$4,197/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.

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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350 Central Ave Unit 409 | Property Details | No Agent List