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$1,256,000

NAL Estimated Property Value

517 Northwood Trl, Southlake, TX, 76092

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,698 Sq Ft
price_per_sqft$293.4 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Double Oven, Vented Exhaust Fan
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size12,598 sqft

Building Information

Year Built1999
Stories2
Garage Spaces3

Land Information

APN42159C-53-12
Lot Number12
SubdivisionTimarron Addn-Northwood Park
Land UseResidential
Legal DescriptionTIMARRON ADDN-NORTHWOOD PARK BLOCK 53 LOT 12
Census Tract113957
Assessed Land Value$185,000
Assessed Improvement Value$754,484
Assessment Year2025

About this property

Beautifully appointed 4-bedroom, 4-bathroom home situated on a desirable corner lot in Southlake's highly sought-after Timarron community. A welcoming entry opens to a private office with custom built-ins and a versatile flex room that can serve as a second office or formal living area. The elegant formal dining room provides the perfect setting for holiday gatherings and entertaining. At the heart of the home is an expansive chef's kitchen featuring a large center island, a second island with breakfast bar seating, double ovens, abundant cabinetry and a gas cooktop and microwave installed in 2025. The spacious living room is anchored by a cozy fireplace and enhanced by custom built-ins, creating an inviting space for everyday living. The private primary suite offers a relaxing sitting area and a luxurious ensuite bath with dual vanities, oversized shower and a walk-in closet. Upstairs, a generous game room with a built-in desk provides additional living space, while three oversized secondary bedrooms offer comfort and privacy for family and guests. Two walk-out attic spaces provide exceptional storage, with one offering the potential to be finished out for additional square footage. The washer and dryer are included and still carry approximately two years remaining on the warranty. Step outside to the covered patio overlooking a beautifully landscaped backyard featuring three fig trees, an elderberry bush, a jujube date tree, a peach tree and raised garden beds with strawberry plants. Additional updates include a new roof installed in April 2026 and a new two-car garage door in 2025. Ideally located within walking distance of Rockenbaugh Elementary and just minutes from Highway 114 and Southlake Town Square's premier shopping, dining and entertainment. Residents of Timarron enjoy exceptional community amenities including pools, playgrounds, tennis and volleyball courts, parks, scenic walking trails and convenient access to the renowned Timarron Country Club.

Investor Tools

Property Icon
$1,256,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,256,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,536 /month
Positive
Cash Flow Estimate:
$2,512 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,612/month
$1,450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,065
$939,484
2025
$185,000
$754,484
$939,484
No

Tax History

Year
Tax Paid
Assessed Value
2025
$13,065
$939,484

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,256,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,130/mo
$1,450/mo
+$1,680/mo
3.0%

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.

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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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517 Northwood Trl | Property Details | No Agent List