Seller's Agent in 2021
Tommy Pennington
Compass RE Texas, LLC
(817) 416-9000
28 in this area
95 Total Sales
223 Timber Lake Way Southlake, TX 76092
Estimated Value: $1,043,000 - $1,268,613
4
Beds
3.5
Baths
3,783
Sq Ft
$315/Sq Ft
Est. Value
Highlights
- Heated Pool and Spa
- Community Lake
- Vaulted Ceiling
- Robert High Rockenbaugh Elementary School Rated A+
- Clubhouse
- Traditional Architecture
About This Home
As of April 2021Light & bright single owner 4 bed, 3.1 bath, 3 car home in Timber Lake w flexible floor plan, pool, spa, Pergola & outdoor kitchen. Amenities incl custom mill work, hardwoods, plantation shutters, trey & vaulted ceilings. Gourmet kitchen features granite counters, SS appl, island, gas cktop, built in oven, microwave & brkfast bar. Primary bed has access to patio, sep vanities, jetted tub, shower w body sprays. Downstairs is family room w fireplace, formal living, dining, 2nd bed & full bath. Upstairs offers game rm w wet bar, built ins & 2 beds. Entertain or relax around the pool, spa & mature landscape. Community incl club house, trails, pool, pond, tennis & playground. Impeccably maintained by original owner.
Last Agent to Sell the Property
Compass RE Texas, LLC License #0506402 Listed on: 02/25/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,658
Year Built
- Built in 1993
Lot Details
- 0.41 Acre Lot
- Gated Home
- Wrought Iron Fence
- Wood Fence
- Landscaped
- Interior Lot
- Sprinkler System
- Few Trees
- Large Grassy Backyard
HOA Fees
- $95 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Workshop in Garage
- Side Facing Garage
- Garage Door Opener
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
- Composition Roof
- Siding
Interior Spaces
- 3,783 Sq Ft Home
- 2-Story Property
- Wet Bar
- Vaulted Ceiling
- Ceiling Fan
- Decorative Lighting
- Gas Log Fireplace
- Brick Fireplace
- Fireplace Features Masonry
- ENERGY STAR Qualified Windows
- Plantation Shutters
- Bay Window
- 12 Inch+ Attic Insulation
Kitchen
- Convection Oven
- Electric Oven
- Gas Cooktop
- Microwave
- Plumbed For Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Full Size Washer or Dryer
- Washer and Gas Dryer Hookup
Home Security
- Security System Owned
- Fire and Smoke Detector
Eco-Friendly Details
- Energy-Efficient Appliances
- Energy-Efficient HVAC
- Rain or Freeze Sensor
- Energy-Efficient Thermostat
Pool
- Heated Pool and Spa
- Heated In Ground Pool
- Gunite Pool
- Sport pool features two shallow ends and a deeper center
- Fence Around Pool
- Pool Water Feature
- Pool Sweep
Outdoor Features
- Covered Patio or Porch
- Outdoor Living Area
- Attached Grill
- Rain Gutters
Schools
- Rockenbaug Elementary School
- Dawson Middle School
- Eubanks Middle School
- Carroll High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Underground Utilities
- Individual Gas Meter
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 28 / 1
- Assessor Parcel Number 06447597
- $13,519 per year unexempt tax
Community Details
Overview
- Association fees include full use of facilities, maintenance structure, management fees
- Timber Lake Residential HOA, Phone Number (972) 943-2828
- Timber Lake Add Subdivision
- Mandatory home owners association
- Community Lake
Recreation
- Tennis Courts
- Community Playground
- Community Pool
- Park
- Jogging Path
Additional Features
- Clubhouse
- Fenced around community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 18, 2022
Sold by
Willits Jeffrey Kenneth and Willits Sarah Anne
Bought by
Willits Living Trust
Current Estimated Value
Purchase Details
Listed on
Feb 25, 2021
Closed on
Apr 16, 2021
Sold by
Gaal Peter F and Gaal Shirley A
Bought by
Willits Sarah and Willlits Jeffrey Kenneth
Seller's Agent
Tommy Pennington
Compass RE Texas, LLC
Buyer's Agent
Robert De Franceschi
Real Broker, LLC
List Price
$850,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.59%
Original Mortgage
$570,000
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 9, 1993
Sold by
Salyer & Associates Inc
Bought by
Gaal Peter F and Gaal Shirley A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.11%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Willits Living Trust | -- | -- | |
| Willits Sarah | -- | Alamo Title | |
| Gaal Peter F | -- | Lawyers American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Willits Sarah | $570,000 | |
| Previous Owner | Gaal Peter F | $170,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/16/2021 04/16/21 | Sold | -- | -- | -- |
| 03/15/2021 03/15/21 | Pending | -- | -- | -- |
| 02/25/2021 02/25/21 | For Sale | $850,000 | -- | $225 / Sq Ft |
Source: North Texas Real Estate Information Systems (NTREIS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $16,658 | $979,260 | $307,425 | $671,835 |
| 2024 | $16,658 | $1,133,017 | $307,425 | $825,592 |
| 2023 | $18,102 | $1,156,237 | $307,425 | $848,812 |
| 2022 | $19,478 | $902,856 | $204,950 | $697,906 |
| 2021 | $14,589 | $639,851 | $204,950 | $434,901 |
| 2020 | $13,630 | $592,953 | $184,455 | $408,498 |
| 2019 | $13,488 | $557,000 | $150,000 | $407,000 |
| 2018 | $12,645 | $557,000 | $140,000 | $417,000 |
| 2017 | $13,690 | $552,317 | $125,000 | $427,317 |
| 2016 | $12,854 | $522,249 | $125,000 | $397,249 |
| 2015 | $10,322 | $494,132 | $95,000 | $399,132 |
| 2014 | $10,322 | $428,600 | $55,000 | $373,600 |
Source: Public Records
Agents Affiliated with this Home
-
Tommy Pennington
-
Robert De Franceschi
Buyer's Agent in 2021
Robert De Franceschi
Real Broker, LLC
(817) 296-3733
14 in this area
77 Total Sales
Map
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 14520401
APN: 06447597
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Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved
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