507 Timber Lake Way

Southlake, TX 76092
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Sold
Sold
$1,082,001 - $1,242,000
Sold on December 05, 2023
Listed for $1,275,000
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5 Bedroom(s)
5 Full Bath(s)
4,538 Sqft.
0.34 Lot Acres
Residential - Single Family

Home value comparables

Using a REALTOR is the best way to determine the market price of a home. Start this process by viewing the third-party valuations and then contact a Realtor to determine a reasonable purchase price for a home.

Current Valuations

Home Value Comparables
AVM Value
$1.23M
AVM Value
$1.28M
AVM Value
$1.26M
Value Range
$1.09M - $1.36M
Value Range
$1.19M - $1.38M
Value Range
$ 1,259,428
Confidence Score
89%

Margin of Error*: 11%
Confidence Score
96%

Margin of Error*: 7%
Confidence Score
NA
Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

Zestimate Home Values are provided by Zillow, Inc. Use is subject to Zillow Terms of Use and are provided as-is, as-available.
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Description

Welcome to this beautiful traditional home in Timber Lake neighborhood in Southlake! This house sits on the most beautiful and peaceful lot backing to the lush greenbelt trail system. The spacious layout of this home has room for everyone with 5 bedrooms and 5 full bathrooms. The downstairs features an ideal layout with primary and guest suite downstairs. The lovely hardwood floors throughout, the built-ins, and custom touches make this home truly special. The bedrooms upstairs are all very spacious and have walk-in closets. The secondary bathrooms have been updated recently and are each uniquely beautiful! There is a flex room upstairs that could be a 6th bedroom, second office, craft room or whatever you can dream up. The private backyard features a screened in porch, pool, spa and amazing views of the greenbelt! Short walking distance to the community pool and playground. Excellent Southlake location close to schools, shopping, restaurants, and DFW airport is just minutes away.

MLS#
NTREIS-20425467
Sold Price Range
$1,082,001 - $1,242,000
Listing Status
Sold
Address
507 Timber Lake Way
City
State
TX
Zip Code
Subdivision
Timber Lake Add
Legal Description
TIMBER LAKE ADDN SEC 1 BLOCK 1 LOT 43R & PT C
Property Type
Residential - Single Family
Bedroom
5 Bedroom(s)
Bath
5 Full Bath(s)
Garages
3 / Attached
Stories
2
Architecture Style
Traditional
Year Built
1993 / Appraisal District
Building Size
4,538 Sqft/Appraisal District
Lot Size
0.34 Lot Acres./ASSESSOR
Maintenance Fee
$100 / Semi-Annu

Rooms

Living
16 x 14, 1st
Dining
14 x 12, 1st
Kitchen
14 x 14, 1st
Breakfast
11 x 10, 1st
Primary Bedroom
19 x 15, 1st
Bedroom
15 x 12, 2nd
Bedroom
16 x 14, 2nd
Bedroom
16 x 14, 2nd
Bedroom
12 x 12, 1st
Game Room
19 x 15, 2nd
Extra Room
12 x 9, 2nd

Interior

Number Of Living Area
3
Fireplace
2/Family Room, Living Room
Floors
Brick, Carpet, Tile, Wood
Cooling
Central Air
Heating
Central, Fireplace(s)
Window
Window Coverings
Appliances
Dishwasher, Disposal
Other Equipment
Intercom
Security System
Smoke Detector(s)
Interior
Cable TV Available, Central Vacuum, High Speed Internet Available, Kitchen Island, Multiple Staircases, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)

Exterior

Roof
Composition, Shingle
Foundation
Slab
Private Pool
Yes
Private Pool Desc
Gunite, Heated, In Ground, Pool/Spa Combo, Pool Sweep, Water Feature
Exterior Type
Brick
Lot Description
Adjacent to Greenbelt, Landscaped, Sprinkler System
Garage Size
20 X 30
Parking
Garage Double Door, Garage Single Door, Circular Driveway, Electric Gate, Garage Faces Side, Gated
Parking Space
Garage 3 / Carport 0 / Total Covered 3
Fencing
Wrought Iron, Wood
Porch
Covered, Enclosed, Glass Enclosed
Utility
Cable Available, City Sewer, City Water, Electricity Available, Natural Gas Available
Area Pool
Yes
Exterior
Covered Patio/Porch, Private Yard

Lot information

Lot Size
0.34 Lot Acres /ASSESSOR
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Additional information

Dwelling Type
Single Detached
Community Features
Community Pool, Fishing, Greenbelt, Playground, Tennis Court(s)

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Financial

Maintenance Fee
$600/Semi-Annual
Maint Fee Includes
Full Use of Facilities, Management Fees

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Property tax

Cost/Sqft based on tax value

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Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Schools

School 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

Nearby schools view nearby schools

Noise factors

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Source

North Texas Real Estate Information Systems, Inc.
Source last updated Jul 28, 2024 at 03:07 PM
Listing last updated Dec 06, 2023 at 01:58 PM
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Selling Agent and Brokerage

507 Timber Lake Way, Southlake, TX 76092. View photos, map, tax, nearby homes for sale, home values, school info...