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$1,100,000

NAL Estimated Property Value

923 Midland Creek Dr, Southlake, TX, 76092

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,080 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$340.91 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Ice Maker, Microwave, Double Oven, Refrigerator, Wine Cooler
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesFire Pit, Rain Gutters, Lighting, Outdoor Kitchen, Outdoor Grill
Lot Size12,223 sqft

Building Information

Year Built1994
Stories2
Garage Spaces3

Land Information

APN42161C-12-12
Lot Number12
SubdivisionTimarron Addn - Brenwyck
Land UseResidential
Legal DescriptionTIMARRON ADDN - BRENWYCK BLOCK 12 LOT 12
Census Tract113957
Assessed Land Value$175,000
Assessed Improvement Value$729,780
Assessment Year2025

About this property

Multiple offers received, Sellers request best and final offers by Sunday, March 19th at 6 pm. UPDATED in all the right spaces! Fabulous Timarron home that sits on a greenbelt lot. This open floorplan has plenty of space for the growing family. Exquisite kitchen has large island and bar areas, SS appliances, decorative lighting, cedar beam accentss & plenty of natural light. The updated primary bedroom and bath include garden tub, separate shower area, walk in closet and door leading to back patio area. Private study with sliding door and dining room finish off the first level. The second level has a large gameroom space with three additional bedrooms all with walk in closets. The backyard has a new addition with built in grill and kitchen area and exterior fireplace and second firepit area. Lots of space for kids and pets to play. The back fence overlooks the private greenbelt which makes the yard feel more expansive.

Investor Tools

Property Icon
$1,100,000
Estimated Property Value
$795,444Estimated Mortgage Balance
$304,556Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,600 /month
Positive
Cash Flow Estimate:
$2,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,594/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,631
$904,780
2025
$175,000
$729,780
$904,780
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,631
$904,780

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citibank Na
Conventional
$843,200
No
First
Apr 19, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$795,444
$304,556
27%
72%
$5,056/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,130/mo
$6,256/mo
$-3,126/mo
3.4%

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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923 Midland Creek Dr | Property Details | No Agent List