1 month on rocket

Sale Pending

850 Lake Wood Dr, Southlake, TX, 76092

$1,350,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
3,633 SqFt
$372/SqFt
House
Schools Nearby

Location

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850 Lake Wood Dr, Southlake$1,350,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCircular Driveway, Concrete, Door-Multi, Driveway, Electric Gate, Garage Faces Front, Garage, Garage Door Opener, Gated, Side By Side
Garage3 spaces
Year Built1983
HeatingCentral, Fireplace(s), Natural Gas, Zoned
CoolingCentral Air, Ceiling Fan(s), Zoned
FireplaceFamily Room, Gas, Gas Log, Masonry, Primary Bedroom, Wood Burning
MLS #20550582
Lot Size1.07 Acres
StatusSale Pending
(Pending)

About 850 Lake Wood Dr

While this stunning residence has been impeccably updated, there remains boundless potential for the discerning buyer to elevate it to new heights of luxury and sophistication. This home embodies the epitome of opportunity, a rare chance to acquire a meticulously updated residence with equity building potential on a sprawling one acre lot. This is an opportunity not to be missed! So many updates already completed, full interior paint, exterior paint, new carpet, hardwoods freshly scraped and re-stained with a natural finish and more! Lakewood Addition offers a neighborhood of one acre homesites providing spaciousness and privacy, but close to HWY 114 and walking distance to Southlake Town Square. This is a rare opportunity as homes do not often become available in this beautiful, quiet, neighborhood. Living in LakeWood offers a harmonious blend of natural beauty, accessibility to shopping, schools and convenience!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional, Detached
  • Year Built: 1983
  • Stories: 1
  • Living Area: 3,633 SqFt

Listing Office:

  • Office Name: Berkshire HathawayHS PenFed TX
  • Office Phone: (817) 846-9778
  • Listing Agent: Susan Larrabee

Interior Features

Interior Information:

  • Appliances: Other, Gas Range, Refrigerator, Double Oven, Dishwasher, Disposal, Ice Maker, Microwave, Plumbed for Gas, Range, Trash Compactor, Vented Exhaust Fan, Wine Cooler
  • Basement: No
  • Flooring Type: Carpet, Ceramic Tile, Hardwood, Slate
  • Interior: Wet Bar, Built-in Features, Chandelier, Decorative/Designer Lighting Fixtures, Double Vanity, Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Cable TV, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Sound
  • Fireplace: Family Room, Gas, Gas Log, Masonry, Primary Bedroom, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Deck, Lighting, Private Yard, Rain Gutters

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Circular Driveway, Concrete, Door-Multi, Driveway, Electric Gate, Garage Faces Front, Garage, Garage Door Opener, Gated, Side By Side

Lot Features

Lot Information:

  • Lot: Back Yard, Trees, Lawn, Landscaped, Many Trees, Subdivision, Sprinklers
  • Lot Size: 1.07 Acres

Utilities

Utilities Information:

  • Heating: Central, Fireplace(s), Natural Gas, Zoned
  • Cooling: Central Air, Ceiling Fan(s), Zoned

School Info

Assigned Schools Information:

  • Carroll High School, Public District Grades 9-10
  • Carroll Middle School, Public District Grades 7-8
  • Don T. Durham Intermediate School, Public District Grades 5-6
  • Walnut Grove Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: From Carroll Blvd, turn West on Lake Wood - home will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,350,000
  • Price Per SqFt: $372/SqFt

Tax Information:

  • Annual Amount: $13,286
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Southlake, TX.

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Southlake, TX

City

Med. List Price

$1.3M

Med. Price/SqFt

$330

Avg. Days On Market

65

# of Sold Homes

24

850 Lake Wood Dr vs Southlake

55 DAYS ON ROCKET

-10 Days

$1,350,000

-$43.1K Less

$372/SqFt

+$41 More

KEY TAKEAWAY

This property is $43.1K less than the Median List Price and $41/SqFt more than other homes in Southlake, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20550582

Listing Office:

  • Office Name: Berkshire HathawayHS PenFed TX
  • Office Phone: (817) 846-9778
  • Listing Agent: Susan Larrabee

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 4/27/2024, 7:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$13,286$618,829
2019$12,447$565,435
2017$11,475$467,302

History based on county public records data.

Payment Calculator

$6,805

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,114

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1538567
9
/10

  • Don T. Durham Intermediate School

  • 801 Shady Oaks Dr

  • 1.16 miles

  • Public District Grades 5-6

school-card-donut-1538568
10
/10

  • Walnut Grove Elementary School

  • 2520 N White Chapel Blvd

  • 1.90 miles

  • Public District Grades PK-4

Middle School

school-card-donut-1538569
9
/10

  • Carroll Middle School

  • 1800 Kirkwood Blvd

  • 0.90 miles

  • Public District Grades 7-8

High School

school-card-donut-1538570
7
/10

  • Carroll High School

  • 800 N White Chapel Blvd

  • 0.88 miles

  • Public District Grades 9-10

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $146,573. The most common annual income of people living in Southlake, TX is $200k+. Most families are married, with kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 850 Lake Wood Dr

What is the listing price of this property?

The listing price of 850 Lake Wood Dr property is $1,350,000.

What type of property is this?

The property 850 Lake Wood Dr is a house located in Southlake, Texas, 76092.

Is this property for sale now?

Sale Pending: 850 Lake Wood Dr is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 850 Lake Wood Dr are:
Don T. Durham Intermediate School: GreatSchools Rating 9/10
Walnut Grove Elementary School: GreatSchools Rating 10/10
Carroll Middle School: GreatSchools Rating 9/10
Carroll High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $13,286 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 850 Lake Wood Dr has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 850 Lake Wood Dr is 3,633 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 850 Lake Wood Dr is 1983.

Rocket Homes›Texas›Tarrant County›Southlake›76092›850 Lake Wood Dr

This home is located at 850 Lake Wood Dr in Southlake, TX and zip code 76092 in the Lakewood Acres Southlake neighborhood. This 3,633 square foot home, which was built in 1983, sits on a 1.07 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 03, 2024 and is currently priced at $1,350,000.

The number of homes for sale in Southlake, TX increased by 22.2% between February 2024 and March 2024. The median list price of listings available in March 2024 was $1,393,166, while the average time on the real estate market was 65 days.

From Rocket Homes Real Estate and based on county public records data.

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