NOT LISTED FOR SALE

505 Potomac Place Southlake, TX 76092

Estimated Value: $1,625,117 - $1,751,000

5 Beds
4 Baths
5,197 Sq Ft
$324/Sq Ft Est. Value

About This Home

This home is located at 505 Potomac Place, Southlake, TX 76092 and is currently estimated at $1,682,706, approximately $323 per square foot. 505 Potomac Place is a home located in Tarrant County with nearby schools including Carroll Elementary School, Eubanks Intermediate School, and George Dawson Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2020
Sold by
Luchsinger Marx Charles and Luchsinger Julia Trent
Bought by
Luchsinger Mark C and Luchsinger Julia T
Current Estimated Value
$1,682,706

Purchase Details

Closed on
Jun 26, 2001
Sold by
Wood Philip R and Wood Gayle S
Bought by
Luchsinger Mark Charles and Luchsinger Julia Trent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$134,587
Interest Rate
7.11%
Estimated Equity
$1,548,119

Purchase Details

Closed on
Sep 10, 1996
Sold by
Shores Mark M and Shores Mary M
Bought by
Wood Philip R and Wood Gayle S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
7.84%
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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
Luchsinger Mark C -- None Available
Luchsinger Mark Charles -- North American Title Co
Wood Philip R -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luchsinger Mark Charles $350,000
Previous Owner Wood Philip R $380,000
Closed Luchsinger Mark Charles $190,000
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 $12,221 $1,140,412 $455,074 $685,338
2024 $12,221 $1,254,453 $455,074 $799,379
2023 $15,269 $1,404,107 $455,074 $949,033
2022 $16,430 $1,286,074 $305,009 $981,065
2021 $15,785 $692,329 $305,009 $387,320
2020 $15,914 $692,329 $281,829 $410,500
2019 $21,060 $979,988 $262,500 $717,488
2018 $18,356 $801,900 $225,000 $576,900
2017 $20,226 $816,000 $225,000 $591,000
2016 $20,573 $830,000 $225,000 $605,000
2015 $17,435 $877,027 $187,500 $689,527
2014 $17,435 $718,100 $97,500 $620,600
Source: Public Records

Map

Texas Tarrant County Southlake 76092

505 Potomac Place, Southlake, TX

Not Listed for Sale

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