Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$1,259,000

505 Northwood Trl, Southlake, TX, 76092

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,679 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.41 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Lot Size11,034 sqft

Building Information

Year Built1999
Stories2
Garage Spaces3

Land Information

APN42159C-53-21
Lot Number21
SubdivisionTimarron Addn-Northwood Park
Land UseResidential
Legal DescriptionTIMARRON ADDN-NORTHWOOD PARK BLOCK 53 LOT 21
Census Tract113957
Assessed Land Value$185,000
Assessed Improvement Value$750,676
Assessment Year2025

About this property

Beautiful home in the Timarron neighborhood! This spacious residence features an open-concept floor plan with abundant natural light, generous living areas, and elegant finishes throughout. The functional floor plan offers 1 bedroom on the main level, 3 spacious living areas plus a game room. The primary suite provides a relaxing retreat with a spa-like bath, dual vanities, soaking tub, separate shower, and a large walk-in closet. Secondary bedrooms are nicely sized with great closet space. Flexible living areas offer options for a media room, playroom, or additional workspace. Spacious kitchen abundance of natural light, a large island and fridge. Enjoy the private backyard with covered patio—perfect for outdoor gatherings and relaxation. Residents have full access to HOA amenities; Timarron's 2 pools, basketball court, 8 tennis courts, clubhouse, parks, and ponds. Conveniently located near shopping, dining, parks, and major highways, and zoned to highly acclaimed Carroll ISD. Move-in ready and available for lease—don’t miss this exceptional rental opportunity in Southlake!

Investor Tools

Property Icon
$1,259,000
Estimated Property Value
$240,000Estimated Mortgage Balance
$1,217,161Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,554 /month
Positive
Cash Flow Estimate:
$2,518 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,888/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,365
$935,676
2025
$185,000
$750,676
$935,676
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,365
$935,676

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Provident Home Loans
N/A
$240,000
N/A
First
Aug 4, 1999
Sep 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$41,839
$1,217,161
96%
3%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

505 Northwood Trl | Property Details | No Agent List