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$3,175,000

585 Shady Oaks Dr, Southlake, TX, 76092

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths6,656 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$477.01 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesSome Gas Appliances, Built In Gas Range, Built In Refrigerator, Double Oven, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave, Plumbed For Gas, Range, Refrigerator, Some Commercial Grade, Water Softener, Tankless Water Heater, Vented Exhaust Fan, Water Purifier, Wine Cooler
FlooringCarpet, Hardwood, Marble, Travertine, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBuilt In Barbecue, Barbecue, Gas Grill, Lighting, Outdoor Grill, Outdoor Shower, Playground, Private Yard, Rain Gutters, Rv Hookup
Lot Size1 acre

Building Information

Year Built1977
Stories2
Garage Spaces4

Land Information

APNA 706-9E
SubdivisionHood, Thomas M Survey
Land UseResidential
Legal DescriptionHOOD, THOMAS M SURVEY ABSTRACT 706 TRACT 9E
Census Tract113906
Assessed Land Value$525,000
Assessed Improvement Value$582,093
Assessment Year2025

About this property

Tucked away on approximately one beautifully landscaped acre in the heart of Southlake, this distinctive gated estate offers an exceptional combination of privacy, architectural character, and resort-inspired living—with no HOA. Offering 6,656 square feet, six bedrooms, and four-and-a-half baths, the residence has undergone extensive expansion, renovation, and recent updates, blending timeless craftsmanship with modern comfort. Its striking Lueders limestone exterior, standing-seam metal roof, mature trees, and circular stamped-concrete drive create an impressive arrival. Inside, freshly painted interiors, new carpeting, and refinished hardwood floors complement generous living spaces, including a vaulted formal living room, expansive family room, private office, and two fireplaces. The centrally located kitchen features a commercial-grade six-burner gas range with griddle, double ovens, premium appliances, and extensive storage. The first-floor primary retreat offers a beautifully updated spa bath with heated floors, dual shower, jetted tub, and separate closets. A renovated first-floor guest suite provides ideal accommodations for extended family or multigenerational living. Upstairs, additional bedrooms, updated baths, a spacious game room with wet bar, media retreat, and exceptional storage offer remarkable flexibility. Outdoors, a recently remodeled nine-foot diving pool and spa with water features and LED lighting anchor an extraordinary entertaining environment featuring travertine patios, dual built-in gas grills, outdoor shower, and beautifully landscaped grounds. Two gated entrances, four-car garage parking, a private irrigation well, and approximately 640 additional square feet of finished space above the garage complete this truly distinctive Southlake property.

Investor Tools

$298,335Estimated Mortgage Balance
$1,095,665Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$19,050 /month
Positive
Cash Flow Estimate:
$6,350 /month

Interested in this property?

Robert Tyson

Compass RE Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,638/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,692
$1,107,093
2025
$525,000
$582,093
$1,107,093
No

Tax History

Year
Tax Paid
Assessed Value
2025
$12,692
$1,107,093

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Credit Line (Revolving) / Heloc
$417,000
No
First
Feb 26, 2014
Mar 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$298,335
$1,095,665
78%
21%
$2,501/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,530/mo
$2,501/mo
+$29/mo
2.2%

City: Southlake

585 Shady Oaks Dr | Property Details | No Agent List