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General Description
minimizeMultiple offers received; deadline 7PM Sat May 21. Beautifully updated home with a heated play pool on a corner lot, nestled in Timber Lake with easy access to everything in Southlake! Hardwood floors with updated paint and lighting welcome you into the home. Updated kitchen with expansive island overlooking the family room with stacked stone fireplace. The owner's suite has a view of the pool and a fully REMODELED owner's bath (2021). Formal study, with painted built-ins, provides privacy for the days you'll be working from home. 4th bedroom downstairs with direct access to bathroom with walk-in shower. Dual staircases lead you to a loft area, large bonus room and two bedrooms. The backyard has a covered living area, built-in gas grill station, a HEATED saltwater pool and a gravel area perfect for a trampoline, playset or firepit. The side yard is a great spot to toss the ball or set up a game of spike ball. Community tennis courts, large pool, playground and walking paths.
Rooms/Lot Dimensions
Interior Features
Exterior Features
Additional Information
Financial Information
Source
Selling Agent and Brokerage
minimizeProperty Tax
minimizeMarket Value Per Appraisal District
Cost/sqft based on Market Value
| Tax Year | Cost/sqft | Market Value | Change | Tax Assessment | Change |
|---|---|---|---|---|---|
| 2023 | $292.91 | $1,161,108 | 27.40% | $1,161,108 | 41.29% |
| 2022 | $229.91 | $911,352 | 21.99% | $821,784 | 10.00% |
| 2021 | $188.47 | $747,076 | 8.92% | $747,076 | 8.92% |
| 2020 | $173.02 | $685,864 | -3.94% | $685,864 | -3.94% |
| 2019 | $180.12 | $713,986 | 4.63% | $713,986 | 4.63% |
| 2018 | $172.15 | $682,402 | -0.15% | $682,402 | -0.15% |
| 2017 | $172.40 | $683,401 | 9.20% | $683,401 | 17.91% |
| 2016 | $157.88 | $625,827 | 0.00% | $579,575 | 0.00% |
| 2015 | $157.88 | $625,827 | 12.11% | $579,575 | 3.82% |
| 2014 | $140.83 | $558,250 | 10.00% | $558,250 | 10.00% |
| 2013 | $128.03 | $507,500 | -2.91% | $507,500 | -2.91% |
| 2012 | $131.86 | $522,700 | $522,700 |
2023 Tarrant County Appraisal District Tax Value
| Market Land Value: | $276,150 |
| Market Improvement Value: | $884,958 |
| Total Market Value: | $1,161,108 |
2023 Tax Rates
| TARRANT COUNTY: | 0.1945 % |
| CITY OF SOUTHLAKE: | 0.3190 % |
| ISD - CARROLL: | 1.0025 % |
| TARRANT COUNTY HOSP DIST: | 0.1945 % |
| TARRANT COUNTY COLLEGE DIST: | 0.1122 % |
| Total Tax Rate: | 1.8227 % |
Estimated Mortgage/Tax
minimize| Estimated Monthly Principal & Interest (Based on the calculation below) | $ 4,392 |
| Estimated Monthly Property Tax (Based on Tax Assessment 2023) | $ 1,764 |
| Home Owners Insurance | Get a Quote |
Schools
minimizeSchool information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
ASSIGNED SCHOOLS
Excellent | 
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Property Map
minimize504 Timber Lake Way Southlake TX 76092 was recently sold. It is a 0.37 Acre(s) Lot, 3,964 SQFT, 4 Beds, 3 Full Bath(s) in Timber Lake Add.
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