For SaleRisky Deal135 days on market
1521 Horizon Way
1521 Horizon Way, Northlake, TX 76247, Northlake, TX 76247
$350,000
Estimate®:$344,300
Listing Price
1521 Horizon Way, Northlake, TX 76247
Loc: Northlake, TX
Days Listed
135
Tax Assessed
$500k
Estimate®
$344k
Market Rate
Lot Size
4,530 sqft
Rent Estimate
$2,536/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
Johnie R Daniel Elementary School
PK-5
0.5 mi away
7
Gene Pike Middle School
6-8
6.1 mi away
8
Byron Nelson High School
9-12
5.3 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
craftsmansingle-storybrick exteriorcovered front porchcolumnsgabled roofdormer windowlandscapedcurb appealcozyresidentialsuburbanentry walkway
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.52%
Total ROI
35.4%
Cash Flow
$-788/mo
DSCR
0.57
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-788/mo net cash flow with a 3.5% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Northlake, TX
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-13 | Price change | $350,000 | $219 |
| 2026-08-17 | Price change | $369,990 | $231 |
| 2026-07-28 | Price change | $375,000 | $234 |
| 2026-06-22 | Price change | $379,990 | $237 |
| 2026-05-12 | Listed for sale | $399,000 | $249 |
| 2024-05-28 | Sold | $0 | – |
| 2024-04-29 | Pending sale | $399,000 | $249 |
| 2024-04-25 | Price change | $399,000 | $249 |
| 2024-04-24 | Price change | $410,000 | $256 |
| 2024-04-09 | Price change | $413,000 | $258 |
| 2024-03-21 | Listed for sale | $410,000 | $256 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $10,327.35 | $499,966 |
| 2024 | $7,875.86 | $319,408 |
| 2023 | $787.22 | $47,567 |
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