NOT LISTED FOR SALE

514 Timber Lake Dr Southlake, TX 76092

Estimated Value: $1,176,979 - $1,315,000

4 Beds
5 Baths
3,564 Sq Ft
$343/Sq Ft Est. Value

Last Sold June 23, 2023

Current estimated payment $8,152/month

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Tennis Courts
  • Robert High Rockenbaugh Elementary School Rated A+
  • Community Pool
  • Jogging Path

About This Home

As of June 2023

This home is located at 514 Timber Lake Dr, Southlake, TX 76092 since 09 June 2023 and is currently estimated at $1,221,245, approximately $342 per square foot. This property was built in 1993. 514 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.

Last Agent to Sell the Property

Thomas Michael

DFW Elite Realty License #0620597 Listed on: 06/09/2023

Co-Listed By

Sharon Michael

DFW Elite Realty License #0620290

Last Buyer's Agent

Sharon Michael

DFW Elite Realty License #0620290

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,240

Year Built

  • Built in 1993

Lot Details

  • 0.34 Acre Lot

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,564 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Brick Fireplace
  • Wood Flooring
  • Fire and Smoke Detector
  • Washer and Gas Dryer Hookup

Kitchen

  • Convection Oven
  • Electric Oven
  • Plumbed For Gas In Kitchen
  • Electric Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

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

Utilities

  • Central Air
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Individual Gas Meter
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 28 / 2
  • Assessor Parcel Number 06448119
  • $16,663 per year unexempt tax

Community Details

Overview

  • Association fees include full use of facilities, management fees
  • Cma HOA, Phone Number (972) 943-2800
  • Timber Lake Add Subdivision
  • Mandatory home owners association
  • Greenbelt

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,240

Year Built

Built in 1993

Lot Details

0

HOA Fees

$100 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structural Style: Single Detached
  • Unit Levels: Two
  • Security: Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Attribution Contact: 817-807-6555
  • Special Features: None
  • Year Built: 1993

Interior Features

  • Square Footage: 3564.00
  • Fireplace Features: Brick
  • Interior Amenities: Cable TV Available, High Speed Internet Available
  • Flooring: Wood
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Convection Oven, Plumbed For Gas in Kitchen, Vented Exhaust Fan
  • Basement YN: No
  • Fireplaces: 1
  • Number Of Dining Areas: 2
  • Number Of Living Areas: 3
  • Room Count: 16

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Community Features: Community Pool, Greenbelt, Jogging Path/Bike Path, Park, Playground, Tennis Court(s)
  • Roof: Composition
  • Construction Materials: Brick

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Garage Spaces: 3
  • Total Covered Spaces: 3
  • Parking Features: Direct Access
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Natural Gas
  • LaundryFeatures: Gas Dryer Hookup, Washer Hookup
  • Utilities: All Weather Road, City Sewer, City Water, Concrete, Curbs, Individual Gas Meter, Individual Water Meter, Underground Utilities

Condo/Co-op/Association

  • HOA Fee Includes: Full Use of Facilities, Management Fees
  • Association Fee: 600
  • Association Fee Frequency: Semi-Annual
  • Association Type: Mandatory
  • Hoa Management Company: CMA
  • HOA Management Company: (972) 943-2800

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Units: Acres
  • Lot Size Area: 0.3440
  • Parcel Number: 06448119
  • Lot Size Acres: 0.3440
  • Lot Size Sq Ft: 14984.6400

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1993

Tax Info

  • Unexempt Taxes: 16663
  • TaxBlock: 2
  • Tax Lot: 28

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2023
Closed on
Jun 23, 2023
Sold by
Moch Jorge Briones and Aguirre Irma Herrera
Bought by
Srinivasan Lavanya and Govind Mohan
Seller's Agent
Thomas Michael
DFW Elite Realty
Buyer's Agent
Sharon Michael
DFW Elite Realty
List Price
$1,099,880
Views
6
Current Estimated Value
$1,221,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.42%
Original Mortgage
$1,045,000
Outstanding Balance
$1,019,467
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$201,778

Purchase Details

Closed on
Apr 30, 2015
Sold by
Peters Chad H and Peters Marci
Bought by
Moch Jorge Briones and Aguirre Irma Herrera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
3.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 2012
Sold by
Widmer Thomas K and Widmer Angelika
Bought by
Peters Chad H and Peters Marci

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,550
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 1994
Sold by
Southlake Joint Venture
Bought by
Widmer Thomas K
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
Srinivasan Lavanya -- Texas Excel Title
Moch Jorge Briones -- None Available
Peters Chad H -- None Available
Widmer Thomas K -- American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Srinivasan Lavanya $1,045,000
Previous Owner Moch Jorge Briones $464,000
Previous Owner Peters Chad H $386,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2023 06/23/23 Sold -- -- --
06/09/2023 06/09/23 Pending -- -- --
06/09/2023 06/09/23 For Sale $1,099,880 -- $309 / Sq Ft
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 $19,240 $1,363,170 $343,500 $1,019,670
2024 $19,240 $1,100,089 $257,625 $842,464
2023 $17,835 $978,490 $257,625 $720,865
2022 $16,663 $772,349 $171,750 $600,599
2021 $14,430 $632,897 $171,750 $461,147
2020 $13,443 $584,821 $154,575 $430,246
2019 $14,999 $619,399 $150,000 $469,399
2018 $14,385 $594,062 $140,000 $454,062
2017 $14,692 $592,733 $125,000 $467,733
2016 $13,920 $561,589 $125,000 $436,589
2015 $11,405 $472,700 $55,000 $417,700
2014 $11,405 $472,700 $55,000 $417,700
Source: Public Records

Agents Affiliated with this Home

  • Thomas Michael

    Seller's Agent in 2023

    Thomas Michael

    DFW Elite Realty

    (817) 807-6555

    39 in this area

    54 Total Sales

    Thomas Michael
    Section Image
  • Sharon Michael

    Seller Co-Listing Agent in 2023

    Sharon Michael

    DFW Elite Realty

    (817) 602-7180

    19 in this area

    63 Total Sales

    Sharon Michael
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20314544

North Texas Real Estate Information Systems (NTREIS)

APN: 06448119

Texas Tarrant County Southlake 76092

514 Timber Lake Dr, Southlake, TX

Not Listed for Sale

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