NOT LISTED FOR SALE

703 Brook Meadows Ct Southlake, TX 76092

Estimated Value: $1,020,892 - $1,123,000

4 Beds
3 Baths
3,317 Sq Ft
$319/Sq Ft Est. Value

Last Sold June 14, 2024

Current estimated payment $7,038/month

2 Days on Market

Highlights

  • Fishing
  • Community Lake
  • Traditional Architecture
  • Robert High Rockenbaugh Elementary School Rated A+
  • Clubhouse
  • Granite Countertops

About This Home

As of June 2024

BEAUTIFUL TIMBER LAKE EXECUTIVE HOME, IDEALLY LOCATED ON A PEACEFUL CUL DE SAC LOT IN ONE OF SOUTHLAKE'S MOST DESIRABLE COMMUNITIES! EASY LIVING FLOOR PLAN WITH 4 LARGE BEDROOMS, OFFICE, MULTIPLE LIVING ROOMS, LARGE GAME ROOM, 3 BATHS, 3 CAR GARAGE AND WRAP AROUND PRIVATE BACK YARD WITH BUILT IN OUTDOOR LIVING AREA AND BBQ GRILL. LUXURIOUS UPGRADES AND DECORATOR TOUCHES ABOUND! ENJOY A BEAUTIFUL KITCHEN WITH WHITE QUARTZ COUNTERS, PANTRY, EAT IN COUNTER, ISLAND AND ADJACENT BREAKFAST ROOM. ENJOY RELAXING VIEWS OF YOUR PRIVATE BACKYARD THROUGH WALLS OF WINDOWS, AND LIGHT A FIRE ON CHILLY EARLY MORNINGS IN THE OPEN FAMILY ROOM WITH BRICK FIREPLACE. THE MAIN FLOOR MASTER SUITE ALSO OFERS PRIVATE BACKYARD VIEWS AND A LUXURIOUS, LARGE MASTER BATH WITH HIGH END CABINETRY, DUAL VANITIES, A STAND ALONE SOAKING TUB, SEPARATE GLASS SHOWER AND LARGE WALK IN CLOSET! YES, DREAMS DO COME TRUE! HURRY AND GRAB YOUR CHANCE TO EXPERIENCE THE SOUTHLAKE LIFESTYLE TODAY! EXEMPLARY CARROLL ISD!

Last Agent to Sell the Property

Thomas Michael

DFW Elite Realty Brokerage Phone: 817-807-6555 License #0620597 Listed on: 05/09/2024

Last Buyer's Agent

Renuka Bhandari

Keller Williams Realty-FM License #0664136

Keller Williams Realty-FM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,086

Year Built

  • Built in 1993

Lot Details

  • 0.34 Acre Lot
  • Wood Fence

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage

Home Design

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

Interior Spaces

  • 3,317 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Decorative Lighting
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Washer and Electric Dryer Hookup

Kitchen

  • Double Oven
  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Schools

  • Rockenbaug Elementary School
  • Carroll High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 11 / 3
  • Assessor Parcel Number 06448259

Community Details

Overview

  • Association fees include all facilities, management
  • Timber Lake Residential Associatio Association
  • Timber Lake Add Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,086

Year Built

Built in 1993

Lot Details

0

HOA Fees

$110 per month

Parking

3

Listing Details

  • OWNERNAME: ON FILE
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional, Detached
  • Unit Levels: Two
  • Security: Security System, Smoke Detector(s)
  • Year Built Details: Preowned
  • Attribution Contact: 817-807-6555
  • Co List Office Mls Id: DFEL01
  • Structure Type: House
  • HumanModifiedYN: No
  • UniversalParcelId: urn:reso:upi:2.0:US:48439:06448259
  • Special Features: VirtualTour
  • Year Built: 1993

Interior Features

  • Square Footage: 3317.0
  • Fireplace Features: Gas Log, Masonry
  • Interior Amenities: Built-in Features, Decorative/Designer Lighting Fixtures, Granite Counters, Kitchen Island, Cable TV, Walk-In Closet(s)
  • Flooring: Carpet, Ceramic Tile
  • Appliances: Double Oven, Dishwasher, Electric Cooktop, Electric Oven, Disposal
  • Basement YN: No
  • Fireplaces: 1

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Slab
  • Community Features: Clubhouse, Fishing, Lake, Playground, Park, Pool, Tennis Court(s), Trails/Paths, Curbs
  • Fencing: Wood
  • Roof: Composition
  • Construction Materials: Brick
  • Pool Features: None, Community

Garage/Parking

  • Cooling System: Central Air, Ceiling Fan(s), Electric
  • Garage Spaces: 3.0
  • Total Covered Spaces: 3.0
  • Parking Features: Direct Access
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Natural Gas
  • LaundryFeatures: Washer Hookup, Electric Dryer Hookup
  • Utilities: Natural Gas Available, Sewer Available, Separate Meters, Underground Utilities, Water Available, Cable Available
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Fee Includes: All Facilities, Association Management
  • Association Fee: 658.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Timber Lake Residential Associatio

Schools

  • Elementary School: Rockenbaug
  • High School: Carroll
  • Junior High Dist: Carroll ISD

Lot Info

  • PropertyAttachedYN: No
  • Lot Size Units: Acres
  • Lot Size Area: 0.344
  • Parcel Number: 06448259
  • Lot Size Acres: 0.344
  • Lot Size Sq Ft: 14984.64

Building Info

  • Year Built: 1993

Tax Info

  • TaxBlock: 3
  • Tax Lot: 11
  • Tax Annual Amount: 17086.0

MLS Schools

  • MiddleOrJuniorSchool: Dawson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Jun 13, 2024
Sold by
Lipperman Brody D and Lipperman Abigail K
Bought by
Jain Shobhit and Mohnot Neha
Seller's Agent
Thomas Michael
DFW Elite Realty
Buyer's Agent
Renuka Bhandari
Keller Williams Realty-FM
List Price
$949,880
Views
30
Current Estimated Value
$1,058,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%
Original Mortgage
$763,200
Outstanding Balance
$753,329
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$305,394

Purchase Details

Closed on
Dec 2, 2010
Sold by
The Grsw Stewart Real Estate Trust
Bought by
Lipperman Brody D and Lipperman Abigail K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,400
Interest Rate
4.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2005
Sold by
Baker Adam R
Bought by
Baker Darlene

Purchase Details

Closed on
Jul 21, 2005
Sold by
Madden Joseph E and Madden Cynthia D
Bought by
Baker Adam R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,400
Interest Rate
4.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 1, 1993
Sold by
Calais Construction Inc
Bought by
Madden Joseph E and Madden Cynthia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.11%
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
Jain Shobhit -- Independence Title
Lipperman Brody D -- Stnt
The Grsw Stewart Real Estate Trust -- Stnt
Baker Darlene -- None Available
Baker Adam R -- North American Title
Madden Joseph E -- First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jain Shobhit $763,200
Previous Owner The Grsw Stewart Real Estate Trust $260,400
Previous Owner Lipperman Brody D $320,000
Previous Owner Baker Adam R $260,400
Previous Owner Madden Joseph E $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2024 06/14/24 Sold -- -- --
05/13/2024 05/13/24 Price Changed $959,880 +1.1% $289 / Sq Ft
05/12/2024 05/12/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $949,880 0.0% $286 / Sq Ft
09/07/2022 09/07/22 Rented $4,900 0.0% --
09/07/2022 09/07/22 Under Contract -- -- --
08/27/2022 08/27/22 Price Changed $4,900 -10.9% $1 / Sq Ft
08/18/2022 08/18/22 For Rent $5,500 -- --
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 $16,029 $916,466 $257,925 $658,541
2024 $16,029 $916,466 $257,925 $658,541
2023 $17,086 $937,417 $257,925 $679,492
2022 $15,948 $739,244 $171,950 $567,294
2021 $12,849 $563,554 $171,950 $391,604
2020 $12,954 $563,554 $154,755 $408,799
2019 $14,129 $583,469 $150,000 $433,469
2018 $12,654 $557,386 $140,000 $417,386
2017 $14,012 $565,324 $125,000 $440,324
2016 $13,292 $538,650 $125,000 $413,650
2015 $10,680 $521,309 $95,000 $426,309
2014 $10,680 $443,200 $55,000 $388,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20608610

North Texas Real Estate Information Systems (NTREIS)

APN: 06448259