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$1,130,000

NAL Estimated Property Value

703 Brook Meadows Ct, Southlake, TX, 76092

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,317 Sq Ft
price_per_sqft$289.38 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Double Oven
FlooringCarpet, Ceramic Tile

Exterior

Lot Size14,976 sqft

Building Information

Year Built1993
Garage Spaces3

Land Information

APN42178C-3-11
Lot Number11
SubdivisionTimber Lake Addn Sec 1
Land UseResidential
Legal DescriptionTIMBER LAKE ADDN SEC 1 BLOCK 3 LOT 11 & PT CE
Census Tract113908
Assessed Land Value$257,925
Assessed Improvement Value$658,541
Assessment Year2025

About this property

BEAUTIFUL TIMBER LAKE EXECUTIVE HOME, IDEALLY LOCATED ON A PEACEFUL CUL DE SAC LOT IN ONE OF SOUTHLAKE'S MOST DESIRABLE COMMUNITIES! EASY LIVING FLOOR PLAN WITH 4 LARGE BEDROOMS, OFFICE, MULTIPLE LIVING ROOMS, LARGE GAME ROOM, 3 BATHS, 3 CAR GARAGE AND WRAP AROUND PRIVATE BACK YARD WITH BUILT IN OUTDOOR LIVING AREA AND BBQ GRILL. LUXURIOUS UPGRADES AND DECORATOR TOUCHES ABOUND! ENJOY A BEAUTIFUL KITCHEN WITH WHITE QUARTZ COUNTERS, PANTRY, EAT IN COUNTER, ISLAND AND ADJACENT BREAKFAST ROOM. ENJOY RELAXING VIEWS OF YOUR PRIVATE BACKYARD THROUGH WALLS OF WINDOWS, AND LIGHT A FIRE ON CHILLY EARLY MORNINGS IN THE OPEN FAMILY ROOM WITH BRICK FIREPLACE. THE MAIN FLOOR MASTER SUITE ALSO OFERS PRIVATE BACKYARD VIEWS AND A LUXURIOUS, LARGE MASTER BATH WITH HIGH END CABINETRY, DUAL VANITIES, A STAND ALONE SOAKING TUB, SEPARATE GLASS SHOWER AND LARGE WALK IN CLOSET! YES, DREAMS DO COME TRUE! HURRY AND GRAB YOUR CHANCE TO EXPERIENCE THE SOUTHLAKE LIFESTYLE TODAY! EXEMPLARY CARROLL ISD!

Investor Tools

Property Icon
$1,130,000
Estimated Property Value
$694,924Estimated Mortgage Balance
$435,076Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,780 /month
Positive
Cash Flow Estimate:
$2,260 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,807/month
$658/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,029
$916,466
2025
$257,925
$658,541
$916,466
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,029
$916,466

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$700,000
No
First
Dec 10, 2025
Jan 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$694,924
$435,076
38%
61%
$4,197/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,130/mo
$4,855/mo
$-1,725/mo
3.3%

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.

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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703 Brook Meadows Ct | Property Details | No Agent List