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$921,000

NAL Estimated Property Value

561 E Dove Road, Southlake, TX, 76092

Off MarketInfo

Highlights

Interior

Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1.18 acres

Building Information

Year Built1999
Garage Spaces2

Land Information

APN40388----1----3R3R11
Lot Number3R3R2
SubdivisionSteward Addition
Land UseResidential
Legal DescriptionSTEWARD ADDITION BLOCK 1 LOT 3R3R2
Census Tract113956
Assessed Land Value$472,836
Assessment Year2025

About this property

Ready for your next custom build! Platted, secluded, build with YOUR BUILDER of choice. This 1.18 acre lot is almost a perfect square, sitting at the end of a private drive off Dove Rd. in the highly sought after Carroll ISD. City sewer, city water, electric, gas all available. Finding lots to build your dream home in Southlake are becoming more and more scarce by the month. Don't hesitate, secure this piece of pristine land for yourself! Builder recommendations available upon request.

Investor Tools

Property Icon
$921,000
Estimated Property Value
$973,318Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,526 /month
Positive
Cash Flow Estimate:
$1,842 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,073/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,270
$472,836
2025
$472,836
N/A
$472,836
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,270
$472,836

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Graham Mortgage
Commercial
$1,000,000
No
First
Nov 6, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$973,318
N/A
0%
106%
$5,996/mo

Learn About the Market: Opportunity in Texas

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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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561 E Dove Road | Property Details | No Agent List