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$1,458,000

NAL Estimated Property Value

602 Potomac Place, Southlake, TX, 76092

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,601 Sq Ft
price_per_sqft$177.14 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Gas Cooktop, Indoor Grill, Convection Oven, Double Oven, Vented Exhaust Fan, Electric Water Heater, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size24,703 sqft

Building Information

Year Built1992
Stories2
Garage Spaces3

Land Information

APN26494C-4-10
Lot Number10
SubdivisionMonticello Addition-Southlake
Land UseResidential
Legal DescriptionMONTICELLO ADDITION-SOUTHLAKE BLOCK 4 LOT 10
Census Tract113908
Assessed Land Value$395,130
Assessed Improvement Value$839,870
Assessment Year2025

About this property

Fabulous lot across from 54 ac private park with Ponds, walk trails, playground,tennis! Gorgeous curb appeal with dbl iron doors & circle drive! UPDATED, Custom 4 BR with master + guest suites down! Incredible, on-trend master bath update! 2 Staircases! 2 BR up with 2 full baths with quartz vanities. 5th full bath off back of home. Oversized game rm + adjacent flex space-tv area. Extensive wood flrs - no carpet on 1st flr! Updated kitch w-thermador appl & B-I fridge! Formal features classic white mill work & blt-ins flanking soaring fireplc. Pool-spa & overszd lot with lots of grassy play space! This one has WOW factor!

Investor Tools

Property Icon
$1,458,000
Estimated Property Value
$584,231Estimated Mortgage Balance
$873,769Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,748 /month
Positive
Cash Flow Estimate:
$2,916 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,858/month
$635/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,005
$1,235,000
2025
$395,130
$839,870
$1,235,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,005
$1,235,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranty Home Mortgage Corp
Conventional
$635,000
No
First
Feb 25, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$584,231
$873,769
59%
40%
$3,808/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,130/mo
$4,443/mo
$-1,313/mo
2.6%

City: Southlake

602 Potomac Place | Property Details | No Agent List