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B+
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$2,285,000

404 W Chapel Downs Drive, Southlake, TX, 76092

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths5,987 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$280.44 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Convection Oven, Dishwasher, Disposal, Double Oven, Gas Cooktop, Gas Oven, Gas Range, Ice Maker, Indoor Grill, Microwave, Plumbed For Ice Maker, Warming Drawer, Gas Water Heater
FlooringCarpet, Ceramic Tile, Slate, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit, Rain Gutters, Lighting, Private Yard
Lot Size20,116 sqft

Building Information

Year Built2006
Stories2
Garage Spaces4

Land Information

APN37303D-1-2
Lot Number2
SubdivisionSandlin Manor
Land UseResidential
Legal DescriptionSANDLIN MANOR BLOCK 1 LOT 2
Census Tract113906
Assessed Land Value$346,425
Assessed Improvement Value$1,500,575
Assessment Year2025

About this property

Welcome home to this beautiful custom home in coveted Sandlin Manor. Right in the heart of Southlake w gated access, this spacious retreat welcomes you with a soaring Entry, Formals & spacious Executive Study. Enter the Great room to the Wine bar, Breakfast area, Large Kitchen & Family room all overlooking the pool & outdoor oasis. The Chef's kitchen is well-designed w great entertaining flow, right near the downstairs Media w wet bar. Primary & Guest suites are down. Upstairs features 3 bedrooms w ensuite baths, Game room w wet bar, Exercise-Bonus room + tons of storage. Step outside to the outdoor kitchen with covered seating area. Large salt diving pool w spa, waterfalls & mature landscaping. 4 car garage.

Investor Tools

Property Icon
$2,285,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,067,753Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,710 /month
Positive
Cash Flow Estimate:
$4,570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,418/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$29,586
$1,847,000
2025
$346,425
$1,500,575
$1,847,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$29,586
$1,847,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$1,343,200
No
First
Jun 18, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,217,247
$1,067,753
46%
53%
$8,054/mo

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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