$875,000
1653 Creekside Dr, Southlake, TX, 76092
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
AppliancesDishwasher
Exterior
Lot Size41,857 sqft
Building Information
Year Built1982
Stories1
Garage Spaces2
Land Information
APN44049-1-6
Lot Number6
SubdivisionTwin Creeks Addn (Southlake)
Land UseResidential
Legal DescriptionTWIN CREEKS ADDN (SOUTHLAKE) BLOCK 1 LOT 6
Census Tract113707
Assessed Land Value$513,300
Assessed Improvement Value$180,531
Assessment Year2025
About this property
Nearly an acre in Southlake with a rare combination of mature trees, cul-de-sac location, and convenient access to area amenities. The value is primarily in the land, offering an opportunity to create a custom home surrounded by a heavily wooded setting. Conveniently located near Grapevine Lake, shopping, dining, major roadways, DFW Airport, and Carroll ISD. A unique opportunity for those looking for more land and a private setting in Southlake. This property will be sold in AS IS condition.
Investor Tools
$0Estimated Mortgage Balance
$762,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,250 /month
Positive
Cash Flow Estimate:
$1,750 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$958/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,687
$693,831
2025
$513,300
$180,531
$693,831
No
Tax History
Year
Tax Paid
Assessed Value
2025
$7,687
$693,831
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$762,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,130/mo
N/A
+$3,130/mo
4.9%
