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$525,000

1040 Westpark Circle N, Southlake, TX, 76092

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,820 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$288.46 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Electric Water Heater, Disposal

Exterior

Lot Size20,299 sqft

Building Information

Year Built1989
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR71560
SubdivisionI. G. Belcher
Land UseResidential
Legal DescriptionA0030A I. G. BELCHER, TR 6, 0.466 ACRES
Census Tract020305
Assessed Land Value$416,398
Assessed Improvement Value$23,700
Assessment Year2025

About this property

Wonderful opportunity to build your dream home in Southlake! Nestled on a quiet cul-de-sac, this nearly half-acre lot offers a peaceful setting backing to a scenic greenbelt that connects to Grapevine Lake. Enjoy the beauty of nature and the privacy of a spacious lot while creating the home you've always envisioned. The property currently features a wellmaintained manufactured home with a new exterior AC unit installed in 2026, providing an option for immediate use. Located in acclaimed Northwest ISD with convenient access to Highway 114, shopping, dining, and entertainment, this property offers the perfect combination of tranquility and convenience. Don't miss this rare opportunity to own a beautiful piece of Southlake and bring your dream home to life!

Investor Tools

$0Estimated Mortgage Balance
$868,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,208 /month
Positive
Cash Flow Estimate:
$1,736 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$757/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,750
$440,098
2025
$416,398
$23,700
$440,098
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,750
$440,098

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$868,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,530/mo
N/A
+$2,530/mo
3.5%

City: Southlake

1040 Westpark Circle N | Property Details | No Agent List