NOT LISTED FOR SALE

408 Timber Lake Dr Southlake, TX 76092

Estimated Value: $1,221,903 - $1,375,000

5 Beds
4 Baths
4,062 Sq Ft
$316/Sq Ft Est. Value

About This Home

This home is located at 408 Timber Lake Dr, Southlake, TX 76092 and is currently estimated at $1,283,976, approximately $316 per square foot. 408 Timber Lake Dr is a home located in Tarrant County with nearby schools including Robert High Rockenbaugh Elementary School, Eubanks Intermediate School, and George Dawson Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2024
Sold by
Sherman Marcellette Lafield
Bought by
Lafield Sherman Marcellette and Marcellette Sherman Living Trust
Current Estimated Value
$1,283,976

Purchase Details

Closed on
Feb 15, 2006
Sold by
Sherman John Franklin
Bought by
Sherman Marcellette Lafield

Purchase Details

Closed on
May 22, 1997
Sold by
Camargo Constance Marie Baxley and Camargo Gabriel Omar
Bought by
Sherman John F and Sherman Marcellette L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.37%

Purchase Details

Closed on
Oct 31, 1996
Sold by
Baxley David Allen
Bought by
Baxley Constance Marie

Purchase Details

Closed on
May 28, 1996
Sold by
Wold Andrew J and Litton Wold Katherine
Bought by
Baxley Constance M

Purchase Details

Closed on
Aug 18, 1994
Sold by
Calais Construction Inc
Bought by
Wold Andrew J and Litton Wold Katherine

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
4.75%

Purchase Details

Closed on
Apr 27, 1994
Sold by
Southlake Joint Venture
Bought by
Calais Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,200
Interest Rate
7.76%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lafield Sherman Marcellette -- None Listed On Document
Sherman Marcellette Lafield -- None Available
Sherman John F -- Safeco Land Title
Baxley Constance Marie -- --
Baxley Constance M -- Safeco Land Title
Wold Andrew J -- First American Title Co
Wold Andrew J -- First American Title Co
Calais Construction Inc -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sherman John F $300,000
Previous Owner Wold Andrew J $170,000
Previous Owner Calais Construction Inc $263,200
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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 $10,786 $990,000 $275,625 $714,375
2024 $10,786 $1,001,000 $275,625 $725,375
2023 $16,115 $1,133,535 $275,625 $857,910
2022 $17,340 $887,394 $183,750 $703,644
2021 $16,660 $730,682 $183,750 $546,932
2020 $15,551 $676,529 $165,375 $511,154
2019 $16,641 $687,228 $150,000 $537,228
2018 $14,887 $653,126 $140,000 $513,126
2017 $16,335 $659,054 $125,000 $534,054
2016 $15,244 $615,000 $125,000 $490,000
2015 $12,825 $587,000 $95,000 $492,000
2014 $12,825 $530,500 $55,000 $475,500
Source: Public Records

Map

Texas Tarrant County Southlake 76092

408 Timber Lake Dr, Southlake, TX

Not Listed for Sale

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