NOT LISTED FOR SALE

505 Northwood Trail Southlake, TX 76092

Estimated Value: $1,100,000 - $1,228,000

5 Beds
4 Baths
3,679 Sq Ft
$315/Sq Ft Est. Value

Highlights

  • Dual Staircase
  • Vaulted Ceiling
  • 3 Car Attached Garage
  • Robert High Rockenbaugh Elementary School Rated A+
  • Traditional Architecture
  • Interior Lot

About This Home

As of January 2023

Highly sought after home in Timarron neighborhood! Enjoy walking to the award-winning elementary school, parks, and community pool. Updated carpet, blinds and paint through making this 5 bedroom, 4 bath home ready for the new tenants. The functional floor plan offers 1 bedroom on the main level, 3 spacious living areas plus a game room. Spacious kitchen abundance of natural light, a large island and fridge. Back deck has been freshly stained and ready for your enjoyment.
Full access to Timarron's 2 pools, basketball court, 8 tennis courts, clubhouse, parks, and ponds.

Last Agent to Rent the Property

Kathy Hull

Keller Williams Realty License #0636002 Listed on: 12/28/2022

Keller Williams Realty

Last Renter's Agent

Erin Arnold

Real Broker, LLC License #0704513

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,127

Year Built

  • Built in 1999

Lot Details

  • 0.25 Acre Lot
  • Wood Fence
  • Landscaped
  • Interior Lot
  • Few Trees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,679 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Vaulted Ceiling
  • Ceiling Fan
  • Decorative Lighting
  • Decorative Fireplace

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Eco-Friendly Details

  • Energy-Efficient Appliances

Schools

  • Rockenbaug Elementary School
  • Dawson Middle School
  • Eubanks Middle School
  • Carroll High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • High Speed Internet

Community Details

  • Association fees include full use of facilities, maintenance structure
  • Timarron HOA, Phone Number (817) 424-3027
  • Timarron Add Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Residential Lease
  • Security Deposit $4,400
  • Tenant pays for all utilities, grounds care, insurance
  • $50 Application Fee
  • Legal Lot and Block 21 / 53
  • Assessor Parcel Number 07068298

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,127

Year Built

Built in 1999

Lot Details

0

Parking

3

Rental Info

  • PetsAllowed: Yes, Call, Number Limit, Size Limit
  • Deposit Amount: 4400
  • Pet Deposit: 500
  • Lease Conditions: Application Fee, Credit Report, Written Application (+)
  • Lease Type: 1 Year Plus
  • Number Of Pets Allowed: 2
  • Tenant Pays: All Utilities, Grounds Care, Insurance
  • Application Fee: 50
  • Furnished YN: No

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structural Style: Single Detached
  • Unit Levels: Two
  • Restrictions: No Smoking, No Sublease, No Waterbeds, Pet Restrictions
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Non Refundable Pet Fee Y N: Yes
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • App Fee Plus18 Yrs Y N: Yes
  • Attribution Contact: 817-329-8850
  • Special Features: None
  • Year Built: 1999

Interior Features

  • Square Footage: 3679.00
  • Fireplace Features: Decorative
  • Interior Amenities: Decorative Lighting, High Speed Internet Available, Multiple Staircases, Vaulted Ceiling(s)
  • Flooring: Carpet, Ceramic Tile
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Refrigerator
  • Basement YN: No
  • Fireplaces: 1
  • Number Of Dining Areas: 2
  • Number Of Living Areas: 3
  • Room Count: 16
  • Appliances: Yes

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 5

Exterior Features

  • Pool: No
  • Fencing: Fenced, Wood
  • Construction Materials: Brick

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Garage Spaces: 3
  • Total Covered Spaces: 3
  • Number Of Vehicles: 3
  • Parking Features: Covered, Garage Door Opener, Garage Faces Side
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Natural Gas
  • Utilities: City Sewer, City Water, Individual Gas Meter, Sidewalk

Condo/Co-op/Association

  • HOA Fee Includes: Full Use of Facilities, Maintenance Structure
  • Association Type: Mandatory
  • Hoa Management Company: Timarron HOA
  • HOA Management Company: 817-424-3027
  • Number Of Days Guests Allowed: 8

Schools

  • School District: Carroll ISD
  • Elementary School: Rockenbaug
  • Intermediate School: Eubanks
  • Senior High School: Carroll

Green Features

  • Efficiency: Appliances
  • Smart Home Features Appor Pass Y: No

Lot Info

  • PropertyAttachedYN: No
  • Lot Features: Few Trees, Interior Lot, Landscaped, Subdivision
  • Lot Size Units: Acres
  • Lot Size Area: 0.2530
  • Parcel Number: 07068298
  • Lot Size Acres: 0.2530
  • Lot Size Sq Ft: 11020.6800

Building Info

  • Year Built: 1999

Tax Info

  • TaxBlock: 53
  • Tax Lot: 21

MLS Schools

  • Middle School Name: Dawson
  • Elementary School Name: Rockenbaug
  • High School Name: Carroll

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 1999
Sold by
Weekley Homes Lp
Bought by
Husain Mustafa
Current Estimated Value
$1,157,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$69,291
Interest Rate
7.71%
Estimated Equity
$1,088,525
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Husain Mustafa -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Husain Mustafa $240,000
Closed Husain Mustafa $41,662
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2023 01/08/23 Rented $4,400 0.0% --
12/28/2022 12/28/22 For Rent $4,400 +4.8% --
01/19/2022 01/19/22 Rented $4,200 0.0% --
01/12/2022 01/12/22 For Rent $4,200 -14.3% --
02/24/2021 02/24/21 Rented $4,900 +25.6% --
02/08/2021 02/08/21 For Rent $3,900 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

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 $16,127 $935,676 $185,000 $750,676
2024 $16,127 $935,676 $185,000 $750,676
2023 $16,127 $884,789 $185,000 $699,789
2022 $14,582 $675,916 $125,000 $550,916
2021 $13,748 $603,000 $125,000 $478,000
2020 $13,861 $603,000 $125,000 $478,000
2019 $14,602 $603,000 $125,000 $478,000
2018 $14,949 $617,348 $100,000 $517,348
2017 $14,361 $579,375 $125,000 $454,375
2016 $14,028 $565,961 $125,000 $440,961
2015 $12,369 $601,889 $100,000 $501,889
2014 $12,369 $494,100 $55,000 $439,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20227757

North Texas Real Estate Information Systems (NTREIS)

APN: 07068298