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$1,365,000

Beds
5
Baths
4.0
sq ft
4,164

1203 Forest Hills Dr, Southlake, TX 76092

1203 Forest Hills Dr

Southlake, TX 76092

  • 19 days on market
Situated on a half acre and conveniently located a few minutes walk from Southlake Town Square, this home has it all. With five bedrooms and four bathrooms sprawled across nearly 4,200 sqft, this functional floor plan suits all your needs. The curb appeal greets with a stately designed home and flourishing landscaping. The grand foyer impresses with a curved staircase and views straight through the living room and into the expansive backyard. Flanking the entry is the formal living room, which can also serve as an office, as well as the formal dining room. Just past the dining room the main level opens up to the family living with gas fireplace and a wall of windows that allow natural light to pour in (unless the electric window shades are drawn, of course). The eat in kitchen is open to the living space and formal dining, and features all matching Kitchenaid stainless steel appliances, including gas cooktop. The first floor is finished out with a guest suite with full bath and picturesque views of the mature trees in the backyard. Up the stairs you find a game room flex space flanked by the primary suite with bay windows and a sitting area overlooking the backyard pool and spa, as well as a secondary bedroom. Just down the hall are two other secondary bedrooms, as well as two full baths, both complete with new tile to give them a fresh new look. The backyard impresses with covered patio featuring built in gas grill leading out to the pool with rock waterfall and spa with tons of room for entertaining. Mature trees line the back fence line creating a wall of privacy and seclusion that make you feel like you are on vacation year round.

Details

Property type

Single Family Residence

Est. home value

$1,251,799

Lot size

0.48 acres

Price per sq ft

$328

Year built

1997

Annual property taxes

$16,342

Monthly HOA fee

$60

Price History

03/21/2025
NTREIS

NTREIS #20875001

Listed
$1,365,000
12/10/2019
NTREIS

NTREIS #14090619

Removed

Schools & Community

Elementary school: 

Oldunion

Middle school: 

Dawson

High school: 

Carroll

Community features: 

Curbs, Fishing, Lake, Sidewalks

School district: 

Carroll ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$814,641
Asking price
$1,365,000
Closing costs (~8% of asking)
-$109,200
Est. remaining loan balance
-$441,159
Cash to seller
$814,641

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

August 2021

Original loan amount

$479,000

Est. remaining balance

$441,159

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Richard Kara and Kande Home Kara

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/10/2025 at 12:15 PM

Listing updated: 04/06/2025 at 3:07 PM

Listed by: Ryan Wilson, Compass RE Texas, LLC Phone #: (682) 226-6938

MLS: NTREIS #20875001

NTREIS logo

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