850 Lake Wood Dr, Southlake, TX 76092
PENDING1.07 ACRES

850 Lake Wood Dr
Southlake, TX 76092

  • 4 Beds
  • 3 Baths
  • 3,633 sqft (on 1.07 acres)
  • 4 Beds
  • 3 Baths
  • 3,633 sqft (on 1.07 acres)

$1,350,000

Est. Mortgage $9,163/mo*

Local Information

map showing home location
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-- mins to
Commute Destination

Description

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!

Home Highlights

Parking
Garage
Outdoor
Porch, Deck, Pool
A/C
Heating & Cooling
HOA
None
Price/Sqft
$372
Listed
50 days ago

Home Details for 850 Lake Wood Dr

Interior Features

Interior Details
Number of Rooms: 10Types of Rooms: Media Room, Master Bedroom, Bedroom, Office, Family Room, Kitchen, Dining Room, Living RoomWet Bar
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 3633 Square Feet
Appliances & Utilities
Utilities: Electricity Available, Natural Gas Available, Septic Available, Separate Meters, Underground Utilities, Water Available, Cable AvailableAppliances: Some Gas Appliances, Built-In Gas Range, Built-In Refrigerator, Double Oven, Dishwasher, Disposal, Ice Maker, Microwave, Plumbed For Gas, Range, Refrigerator, Some Commercial Grade, Trash Compactor, Vented Exhaust Fan, Wine CoolerDishwasherDisposalLaundry: Washer Hookup,Gas Dryer Hookup,Laundry in Utility RoomMicrowaveRefrigerator
Heating & Cooling
Heating: Central,Fireplace(s),Natural Gas,ZonedHas CoolingAir Conditioning: Central Air,Ceiling Fan(s),ZonedHas HeatingHeating Fuel: Central
Fireplace & Spa
Number of Fireplaces: 2Fireplace: Family Room, Gas, Gas Log, Masonry, Primary Bedroom, Wood BurningHas a Fireplace
Windows, Doors, Floors & Walls
Window: Bay Window(s), Skylight(s), Window CoveringsFlooring: Carpet, Ceramic Tile, Hardwood, Slate
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Carpet, Ceramic Tile, Hardwood, Slate
Security
Security: Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: Composition ShinglePatio / Porch: Front Porch, Covered, DeckFencing: Back Yard, Fenced, Full, Gate, Perimeter, Wood, Wrought IronExterior: Deck, Lighting, Private Yard, Rain GuttersFoundation: Slab
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3No CarportHas a GarageNo Attached GarageParking Spaces: 3Parking: Circular Driveway,Concrete,Door-Multi,Driveway,Electric Gate,Garage Faces Front,Garage,Garage Door Opener,Gated,Side By Side
Pool
Pool: Diving Board, Gunite, In Ground, Outdoor Pool, Pool SweepPool
Frontage
Not on Waterfront
Water & Sewer
Sewer: Septic Tank

Days on Market

Days on Market: 50

Property Information

Year Built
Year Built: 1983
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: Traditional,Detached
Building
Construction Materials: BrickNot Attached Property
Property Information
Parcel Number: 01568930

Price & Status

Price
List Price: $1,350,000Price Per Sqft: $372
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Pending

Media

Virtual Tour (branded): u.listvt.com/mls/130441216See Virtual Tour

Location

Direction & Address
City: SouthlakeCommunity: Lakewood Acres #1 Add Southlk
School Information
Elementary School: JohnsonElementary School District: Carroll ISDJr High / Middle School: CarrollJr High / Middle School District: Carroll ISDHigh School: CarrollHigh School District: Carroll ISD

Agent Information

Listing Agent
Listing ID: 20550582

HOA

No HOA

Lot Information

Lot Area: 1.07 Acres

Listing Info

Special Conditions: Standard

Energy

Energy Efficiency Features: Appliances, Insulation, Windows

Compensation

Buyer Agency Commission: 3Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 20550582Living Area Range Units: Square FeetAttribution Contact: 817-846-9778
Last check for updates: about 12 hours ago
Listing courtesy of Susan Larrabee 0505941, (817) 846-9778
Berkshire HathawayHS PenFed TX
Source: NTREIS, MLS#20550582

Price History for 850 Lake Wood Dr

DatePriceEventSource
04/12/2024$1,350,000PendingNTREIS #20550582
04/03/2024$1,350,000ContingentNTREIS #20550582
03/25/2024$1,350,000PendingToActiveNTREIS #20550582
03/22/2024$1,350,000ContingentNTREIS #20550582
03/08/2024$1,350,000Listed For SaleNTREIS #20550582

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Property Taxes and Assessment

Year2023
Tax$11,394
Assessment$1,294,540
Home facts updated by county records

Comparable Sales for 850 Lake Wood Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.11
Single-Family Home
-
05/15/23
3
3
2,748
0.20
Single-Family Home
-
07/13/23
5
4
3,625
0.35
Single-Family Home
-
03/26/24
4
3
3,776
0.46
Single-Family Home
-
03/20/24
4
5
3,257
0.30
Single-Family Home
-
08/14/23
4
6
4,583
0.53
Single-Family Home
-
02/05/24
4
3
2,825
0.55
Single-Family Home
-
12/29/23
4
3
3,253
0.40
Single-Family Home
-
04/25/24
5
4
5,140
0.60
Single-Family Home
-
12/01/23
4
3
3,277
0.63
Single-Family Home
-
07/17/23
4
4
3,328

What Locals Say about Southlake

  • jshultz1017
    "Great schools. Great for all tracks and leveled of kids. Either athletics or academics. There are so many different tracks that your kid will find something and a group of friends to match their interests n"
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  • Vamsi T.
    "Potluck, games, biking, hiking, cook outs, social events, music are great ideas to bring people together "
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  • David F.
    "I’ve lived in this neighborhood for 14 years and absolutely love it. It has a wonderful small town feel and great schools."
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  • Evadarlenewood
    "People respect each other’s preferences and the dogs are well controlled - such a pleasurable experience"
    1
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  • Gparedes60gmp
    "Very clean and quiet. Friendly neighborhood and very safe. Great schools and a lot of pride for our kids schools. Can’t ask for any better public education. Love our neighborhood."
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  • blondrpamela
    "Fireworks in the square along with many community events. Very family friendly and modern with popular shopping and restaurants "
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  • Victoria G.
    "Auto until in the downtown area. Trolleys all around downtown. No malls, small shops and all the stores have front parking. Hometown feeling. Great town center."
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  • Victoria G.
    "Great ten to live in. PREMIUM amenities. Senior center is luxurious. Lessons and luncheons. Nice shopping in all the best stores. Del Frisco Steaks, Trulocks, the largest Barnes and noble. Friendly homey feel. "
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  • Victoria G.
    "Nice very upscale area with great shopping, schools, medical facilities and cul-de-sacs with friends."
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  • Michael V.
    "In my area of northern Southlake, properties are large and have more than fifty feet of front and back yards. Properties are well fenced so pets have plenty of space to play and roam unattended with fenced areas. "
    2
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  • Wchubb
    "The bus stops are positioned so children don’t need to go to far from their home to catch a bus. Ccn&r are enforced. Pools are nicely maintained "
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  • Lsallen4
    "Traffic moves well in the rush hours. Southlake is a great location Express lanes are a great alternative when roads are flooded"
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  • Cdallenjr
    "I have lived in five cities including internationally. I have lived in Southlake twice. Southlake is a very unique place with a true community spirit, lack of multi-family and great amenities. Hard to beat. "
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  • Emmakcorbett
    "This neighborhood has beautiful yards. You can’t find homes that are built on lots like this anymore. The schools are wonderful but the taxes make it not worth it. "
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  • Mickb33
    "I’ve lived here for 22 years and watched it grow. We still have a country feel within minutes from the best the city has to offer"
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  • Joe
    "I Moved here three years ago mainly for the schools. We have found a warm and welcoming community beyond the excellent schools. The shopping is excellent entire city is safe. The parks are great too!"
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  • Bbeakley
    "High quality homes, spacious lots, choice of Southlake OR Trophy Club/Northwest schools. For anyone looking for a quiet place to settle down, raise a family this neighborhood has to be one of the best in the USA. Everyone is friendly, neighbors look out for each other - including kids and pets. Frequent neighborhood get-togethers make it easy to get to know people. Homes are immaculately kept. Highly recommended!"
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  • abullock843
    "Upscale neighborhood with excellent schools, restaurants, shopping, walking trails, and parks. Very convenient to DFW airport."
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LGBTQ Local Legal Protections

Susan Larrabee, Berkshire HathawayHS PenFed TX
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
850 Lake Wood Dr, Southlake, TX 76092 is a 4 bedroom, 3 bathroom, 3,633 sqft single-family home built in 1983. This property is currently available for sale and was listed by NTREIS on Mar 8, 2024. The MLS # for this home is MLS# 20550582.