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$1,548,000

NAL Estimated Property Value

705 Truelove Trail, Southlake, TX, 76092

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,602 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.24 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Microwave, Double Oven, Plumbed For Ice Maker, Gas Water Heater
FlooringCeramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size20,212 sqft

Building Information

Year Built1991
Stories2
Garage Spaces2

Land Information

APN30587H-4-18
Lot Number18
SubdivisionOak Hill Estates (Southlake)
Land UseResidential
Legal DescriptionOAK HILL ESTATES (SOUTHLAKE) BLOCK 4 LOT 18
Census Tract113906
Assessed Land Value$348,000
Assessed Improvement Value$660,000
Assessment Year2025

About this property

This is the home that you have been waiting for. A one owner home which has been lovingly maintained, updated & is ready for you. 2 living areas, 2 dining areas, study, 4 bedrooms, a nursery, 3 & a half baths, & two utility rooms. Kitchen updated in 2009, SS appliances, granite, 6 burner Dacor range. Windows replaced. Master bath updated in 2015 with porcelain floors & granite counters. Hardwood floors installed in 2014. Hand scraped hardwood floors in the living areas & kitchen. Man cave or teenager's retreat above the garage with another full bath (not included in the square footage). Diving pool. Covered patio. Walking distance to Carroll HS, Durham IS & Bicentennial Park.

Investor Tools

Property Icon
$1,548,000
Estimated Property Value
$498,753Estimated Mortgage Balance
$1,049,247Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,288 /month
Positive
Cash Flow Estimate:
$3,096 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,264/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19,430
$1,008,000
2025
$348,000
$660,000
$1,008,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$19,430
$1,008,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$548,250
No
First
Aug 18, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$498,753
$1,049,247
67%
32%
$3,288/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,530/mo
$3,538/mo
$-1,008/mo
2.0%

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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705 Truelove Trail | Property Details | No Agent List