For SaleRisky Deal114 days on market
409 Horizon Way
409 Horizon Way, Northlake, TX 76247, Northlake, TX 76247
$800,000
Listing Price
409 Horizon Way, Northlake, TX 76247
Loc: Northlake, TX
Days Listed
114
Lot Size
10,367 sqft
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
0.2 mi away
7
Gene Pike Middle School
6-8
6.6 mi away
8
Byron Nelson High School
9-12
5.8 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
transitionalmodern farmhousebrick exteriortimber framingthree-car garagecovered porchgabled roofshingle roofingshutterslandscapedcustom homeluxury residentialsuburbancurb appeal
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.99%
Total ROI
67.4%
Cash Flow
$-823/mo
DSCR
0.80
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-823/mo net cash flow with a 5.0% 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 |
|---|---|---|---|
| 2026-07-24 | Price change | $800,000 | $193 |
| 2026-07-04 | Price change | $815,000 | $197 |
| 2026-06-02 | Listed for sale | $825,000 | $199 |
| 2026-05-01 | Listing removed | $825,000 | $199 |
| 2026-04-09 | Listed for sale | $825,000 | $199 |
| 2025-09-02 | Listing removed | $795,000 | $192 |
| 2025-08-21 | Listing removed | $4,300 | $1 |
| 2025-07-04 | Price change | $4,300 | $1 |
| 2025-06-23 | Listed for rent | $4,500 | $1 |
| 2025-06-04 | Price change | $795,000 | $192 |
| 2025-04-14 | Price change | $815,000 | $197 |
| 2025-03-28 | Listed for sale | $845,000 | $204 |
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