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.
Sold
Price Unknown
507 Timber Lake Way, Southlake, TX 76092
5beds
4,538sqft
Single Family Residence
Built in 1993
0.34 Acres Lot
$1,582,200 Zestimate®
$--/sqft
$7,692 Estimated rent
Home value
$1,582,200
$1.46M - $1.76M
$7,692/mo
Zestimate® history
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List your homeWhat's special
Private backyardDfw airportSecond officeFlex roomScreened in porchCraft roomWalk-in closets
Zillow last checked:
Listing updated:
Listed by:
Frances Bankester 0636090 817-310-5200,
RE/MAX Trinity 817-310-5200,
Blake Bankester 0732394 214-608-8893,
RE/MAX Trinity
Bought with:
Non-Mls Member
NON MLS
Source: NTREIS,MLS#: 20425467
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
Primary bedroom
- Level: First
- Dimensions: 19 x 15
Bedroom
- Features: En Suite Bathroom, Split Bedrooms, Walk-In Closet(s)
- Level: First
- Dimensions: 12 x 12
Bedroom
- Features: Ceiling Fan(s), Walk-In Closet(s)
- Level: Second
- Dimensions: 15 x 12
Bedroom
- Features: Built-in Features, Ceiling Fan(s), Walk-In Closet(s)
- Level: Second
- Dimensions: 16 x 14
Bedroom
- Features: Built-in Features, Ceiling Fan(s), Walk-In Closet(s)
- Level: Second
- Dimensions: 16 x 14
Primary bathroom
- Features: Double Vanity, En Suite Bathroom, Separate Shower
- Level: First
- Dimensions: 15 x 11
Bonus room
- Level: Second
- Dimensions: 12 x 9
Breakfast room nook
- Level: First
- Dimensions: 11 x 10
Dining room
- Features: Built-in Features
- Level: First
- Dimensions: 14 x 12
Family room
- Features: Built-in Features, Ceiling Fan(s), Fireplace
- Level: First
- Dimensions: 21 x 15
Other
- Features: Built-in Features, Stone Counters, Separate Shower
- Level: First
- Dimensions: 12 x 5
Other
- Features: Separate Shower
- Level: First
- Dimensions: 7 x 6
Other
- Features: Built-in Features, Double Vanity, Jack and Jill Bath, Stone Counters
- Level: Second
- Dimensions: 13 x 5
Other
- Features: Built-in Features, Stone Counters
- Level: Second
- Dimensions: 14 x 6
Game room
- Features: Ceiling Fan(s)
- Level: Second
- Dimensions: 19 x 15
Kitchen
- Features: Built-in Features, Butler's Pantry, Granite Counters, Kitchen Island, Walk-In Pantry
- Level: First
- Dimensions: 14 x 14
Laundry
- Features: Built-in Features, Closet, Utility Sink
- Level: Second
- Dimensions: 12 x 6
Living room
- Features: Built-in Features, Fireplace
- Level: First
- Dimensions: 16 x 14
Office
- Features: Built-in Features, Other
- Level: First
- Dimensions: 14 x 10
Heating
- Central, Fireplace(s)
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Disposal
- Laundry: Washer Hookup, Electric Dryer Hookup, Laundry in Utility Room
Features
- Central Vacuum, High Speed Internet, Kitchen Island, Multiple Staircases, Pantry, Cable TV, Vaulted Ceiling(s), Walk-In Closet(s)
- Flooring: Brick, Carpet, Tile, Wood
- Windows: Window Coverings
- Has basement: No
- Number of fireplaces: 2
- Fireplace features: Family Room, Living Room
Interior area
- Total interior livable area: 4,538 sqft
Property
Parking
- Total spaces: 3
- Parking features: Circular Driveway, Door-Multi, Door-Single, Electric Gate, Gated, Garage Faces Side
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Enclosed, Glass Enclosed, Covered
- Exterior features: Private Yard
- Pool features: Gunite, Heated, In Ground, Pool, Pool Sweep, Pool/Spa Combo, Water Feature, Community
- Fencing: Wood,Wrought Iron
Lot
- Size: 0.34 Acres
- Features: Backs to Greenbelt/Park, Landscaped, Sprinkler System
Details
- Parcel number: 06587682
- Other equipment: Intercom
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional,Detached
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Slab
- Roof: Composition,Shingle
Condition
- Year built: 1993
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available, Cable Available
Community & HOA
Community
- Features: Fishing, Playground, Pool, Tennis Court(s), Trails/Paths
- Security: Smoke Detector(s)
- Subdivision: Timber Lake Add
HOA
- Has HOA: Yes
- Services included: All Facilities, Association Management
- HOA fee: $600 semi-annually
- HOA name: CMA Management
- HOA phone: 972-943-2828
Location
- Region: Southlake
Financial & listing details
- Tax assessed value: $1,231,467
- Annual tax amount: $19,368
- Date on market: 9/7/2023
- Cumulative days on market: 26 days
- Listing terms: Cash,Conventional,VA Loan
- Exclusions: None
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 12/5/2023 | Sold | -- |
Source: NTREIS #20425467 Report a problem | ||
| 10/11/2023 | Pending sale | $1,275,000$281/sqft |
Source: NTREIS #20425467 Report a problem | ||
| 10/4/2023 | Contingent | $1,275,000$281/sqft |
Source: NTREIS #20425467 Report a problem | ||
| 9/7/2023 | Listed for sale | $1,275,000+127.7%$281/sqft |
Source: NTREIS #20425467 Report a problem | ||
| 11/15/2010 | Listing removed | $559,900$123/sqft |
Source: Keller Williams Realty #11233281 Report a problem | ||
| 9/19/2009 | Price change | $559,900-5.7%$123/sqft |
Source: David Osborn #11233281 Report a problem | ||
| 7/9/2009 | Listed for sale | $594,000$131/sqft |
Source: David Osborn #11233281 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,879 -5.4% | $1,231,467 |
| 2024 | $18,900 +18.3% | $1,231,467 -2.2% |
| 2023 | $15,972 -12.4% | $1,259,428 +27.2% |
| 2022 | $18,234 +5.1% | $989,880 +21.3% |
| 2021 | $17,346 +6.2% | $816,139 +7.8% |
| 2020 | $16,328 -6.4% | $757,149 -6.8% |
| 2019 | $17,441 +4.8% | $812,485 +11.5% |
| 2018 | $16,648 -5.6% | $728,649 -4.2% |
| 2017 | $17,629 +7% | $760,671 +8.8% |
| 2016 | $16,470 +15.4% | $699,372 +3.5% |
| 2015 | $14,268 | $675,548 +14.7% |
| 2014 | $14,268 | $589,200 +6.6% |
| 2013 | -- | $552,900 +0.9% |
| 2012 | -- | $548,000 +6.5% |
| 2011 | -- | $514,622 |
| 2010 | -- | $514,622 -1.3% |
| 2009 | -- | $521,400 |
| 2008 | -- | $521,400 +4.2% |
| 2007 | -- | $500,200 +5.3% |
| 2006 | -- | $474,800 +2.7% |
| 2005 | -- | $462,100 +3.8% |
| 2004 | -- | $445,200 +2.9% |
| 2003 | -- | $432,500 -2.8% |
| 2002 | -- | $445,000 +6.4% |
| 2001 | -- | $418,200 +7.2% |
| 2000 | -- | $390,000 |
Find assessor info on the county website
Neighborhood: Timber Lake
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Nearby schools
GreatSchools rating
- 10/10Robert High Rockenbaugh Elementary SchoolGrades: PK-4Distance: 1.1 mi
- 10/10George Dawson Middle SchoolGrades: 7-8Distance: 2.5 mi
- 9/10Carroll Senior High SchoolGrades: 11-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Rockenbaug
- Middle: Dawson
- High: Carroll
- District: Carroll ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,582,200
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Estimated market value
$1,582,200
- Texas
- Tarrant County
- Southlake
- 76092
- Timber Lake
- 507 Timber Lake Way
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