PENDING
$50K PRICE DROP
517 Timber Lake Dr Southlake, TX 76092
Estimated payment $7,540/month
Total Views
2,224
5
Beds
4
Baths
3,335
Sq Ft
$337
Price per Sq Ft
Highlights
- Pool and Spa
- Open Floorplan
- Wood Flooring
- Robert High Rockenbaugh Elementary School Rated A+
- Traditional Architecture
- Granite Countertops
About This Home
Located in the heart of Southlake within the desirable Timber Lake community, this beautifully maintained home offers the perfect blend of comfort, style, and functionality. Boasting five split bedrooms—one currently used as a study with a walk-in closet—this flexible layout adapts to your lifestyle needs. The family room is a showstopper with a wall of windows that flood the space with natural light, a brick fireplace, and built-in shelving.
The updated kitchen features KitchenAid and Whirlpool appliances and opens to a spacious breakfast area and covered patio overlooking the serene pool and spa with a waterfall feature, all set within a beautifully landscaped and fenced backyard. Enjoy both formal living and dining spaces, ideal for entertaining.
Upstairs, a secondary living area offers additional space to relax or play. Thoughtful updates throughout include decorative lighting, walk-in closets, and stunningly renovated bathrooms. The spacious primary suite provides a peaceful retreat. Additional highlights include a 3-car garage, arched windows that elevate the curb appeal, and access to award-winning Carroll ISD schools. A rare opportunity in a highly sought-after Southlake neighborhood.
Listing Agent
Briggs Freeman Sothebys Intl Brokerage Phone: 817-801-3030 License #0607072 Listed on: 06/27/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,599
Year Built
- Built in 1995
Lot Details
- 0.38 Acre Lot
- Gated Home
- Wood Fence
- Interior Lot
- Few Trees
- Back Yard
HOA Fees
- $110 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Side Facing Garage
- Driveway
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
- Composition Roof
Interior Spaces
- 3,335 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Built-In Features
- Ceiling Fan
- Chandelier
- Fireplace Features Masonry
- Bay Window
- Living Room with Fireplace
- Fire and Smoke Detector
- Washer Hookup
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Gas Cooktop
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- 4 Full Bathrooms
- Double Vanity
Pool
- Pool and Spa
- In Ground Pool
- Waterfall Pool Feature
- Pool Water Feature
Outdoor Features
- Covered Patio or Porch
- Exterior Lighting
Schools
- Rockenbaug Elementary School
- Carroll High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- High Speed Internet
Listing and Financial Details
- Legal Lot and Block 21 / 4
- Assessor Parcel Number 06448968
Community Details
Overview
- Association fees include all facilities, management, ground maintenance, maintenance structure
- First Service Residential Association
- Timber Lake Add Subdivision
Recreation
- Community Pool
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $13,423 | $1,039,034 | $285,675 | $753,359 |
| 2023 | $14,778 | $1,059,825 | $285,675 | $774,150 |
| 2022 | $15,902 | $826,234 | $190,450 | $635,784 |
| 2021 | $15,278 | $684,210 | $190,450 | $493,760 |
| 2020 | $14,002 | $609,168 | $171,405 | $437,763 |
| 2019 | $15,133 | $624,931 | $150,000 | $474,931 |
| 2018 | $13,539 | $595,324 | $140,000 | $455,324 |
| 2017 | $14,433 | $582,309 | $125,000 | $457,309 |
| 2016 | $13,665 | $551,314 | $125,000 | $426,314 |
| 2015 | $11,233 | $524,341 | $95,000 | $429,341 |
| 2014 | $11,233 | $465,700 | $55,000 | $410,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/12/2025 07/12/25 | Pending | -- | -- | -- |
| 07/09/2025 07/09/25 | Price Changed | $1,125,000 | -4.3% | $337 / Sq Ft |
| 06/27/2025 06/27/25 | For Sale | $1,175,000 | -- | $352 / Sq Ft |
Source: North Texas Real Estate Information Systems (NTREIS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | Allegiance Title Co | |
| Warranty Deed | -- | American Title Co | |
| Warranty Deed | -- | American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $262,975 | New Conventional | |
| Closed | $273,600 | Purchase Money Mortgage | |
| Previous Owner | $154,900 | No Value Available | |
| Previous Owner | $210,000 | No Value Available | |
| Closed | $34,200 | No Value Available |
Source: Public Records
Similar Homes in Southlake, TX
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20980986
APN: 06448968
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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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