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$975,000

800 Shorecrest Dr, Southlake, TX, 76092

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,672 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$265.52 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Tankless Water Heater
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesFire Pit, Rain Gutters
Lot Size13,835 sqft

Building Information

Year Built1996
Stories2
Garage Spaces3

Land Information

APN42178C-2-46
Lot Number46
SubdivisionTimber Lake Addn Sec 1
Land UseResidential
Legal DescriptionTIMBER LAKE ADDN SEC 1 BLOCK 2 LOT 46
Census Tract113908
Assessed Land Value$297,844
Assessed Improvement Value$601,156
Assessment Year2025

About this property

Don't wait to make this beautiful & perfectly maintained home yours! Come see all the fresh updates, beautiful colors, and lush landscape that make this home SO inviting. Enjoy the backyard private oasis as the creek waters & birds serenade you. Window glass tinted & replaced in 2019, has 2 water heaters, 3 oversized HVAC units with warranty remaining, and roof done in June 2021. No carpet! Bonus room does have a closet so could easily be used as a 5th bedroom. Owner's suite & guest room with full bath are down. New paint throughout & kitchen remodel in 2020. Don't miss the huge loft storage space in the garage above 3rd bay! This home offers peace and privacy you won't find anywhere else in the neighborhood!

Investor Tools

Property Icon
$1,251,000
Estimated Property Value
$764,000Estimated Mortgage Balance
$554,649Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,506 /month
Positive
Cash Flow Estimate:
$2,502 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,693/month
$570/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,063
$899,000
2025
$297,844
$601,156
$899,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,063
$899,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Conventional
$764,000
No
First
Sep 1, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$696,351
$554,649
44%
56%
$4,581/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,130/mo
$5,151/mo
$-2,021/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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800 Shorecrest Dr | Property Details | No Agent List