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$1,999,999

1209 Merlot Dr, Southlake, TX, 76092

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths4 Bath
Baths5,166 Sq Ft
price_per_sqft$387.15 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesSome Gas Appliances, Built In Gas Range, Built In Refrigerator, Convection Oven, Double Oven, Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Plumbed For Gas, Refrigerator, Vented Exhaust Fan, Washer, Wine Cooler
FlooringCarpet, Hardwood, Travertine

Exterior

Private PoolPrivate Pool
Exterior FeaturesGarden, Lighting, Other, Rain Gutters
Lot Size19,998 sqft

Building Information

Year Built2000
Stories2
Garage Spaces4

Land Information

APN44582D-7-15
Lot Number15
SubdivisionVersailles Addition
Land UseResidential
Legal DescriptionVERSAILLES ADDITION BLOCK 7 LOT 15
Census Tract113957
Assessed Land Value$344,400
Assessed Improvement Value$1,166,515
Assessment Year2025

About this property

Location is the name of the game with this beautifully maintained one-owner home in the desired Versailles neighborhood. Located in the Award Winning, Exemplary Carroll ISD, the elementary school is a short neighborhood walk. In addition, DFW Airport is less than a 10 minute drive with Southlake Town Square shopping, restaurants, and entertainment being just blocks away. This near one-half acre lot features mature trees and a backyard oasis with pool, spa and large grass area where you can test your skills on the regulation horseshoe pit! New owners will enjoy this move-in ready home, which boasts an open floor plan with 5 spacious en suite bedrooms, 5.5 baths, office, game room, and media room. The chef's kitchen has a gas cooktop, double ovens, island, breakfast area and large walk-in pantry. Hardwood floors have been added to first floor family room as well as primary and secondary bedrooms. In addition, hardwoods were added to 2nd story stairwell and hallway while Karastan wool carpet was added to the 3 bedrooms. A wind-resistant Roof was installed in 2019. All HVAC's have been replaced from builder installation, one as recent as 2026. Pool controller replaced in 2026 along with new glass in all windows in 2025. With a 4-car garage and decked attic, storage space is abundant. Homeowners have a strong attention to maintenance detail with scheduled preventative services. Schedule a showing today.

Investor Tools

$0Estimated Mortgage Balance
$1,701,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,000 /month
Positive
Cash Flow Estimate:
$4,000 /month

Interested in this property?

Jamie Wimberly

Lavin Group Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,079/month
$995/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,448
$1,510,915
2025
$344,400
$1,166,515
$1,510,915
No

Tax History

Year
Tax Paid
Assessed Value
2025
$16,448
$1,510,915

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,701,000
100%
0%
$0/mo

City: Southlake