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$1,800,000

Beds
6
Baths
3.0
sq ft
5,086

1508 Schober Rd, Northlake, TX 76226

1508 Schober Rd

Northlake, TX 76226

  • 43 days on market
Welcome to this extraordinary Northlake 5 acre estate with ample space for both relaxation and entertainment. This estate has 3 homes with a combined total of 8500 sq ft including 12 bedrooms and 7 bathrooms. The main home is a modern farmhouse that boasts expansive living areas with 6 bedrooms, spacious living and dining rooms, a beautiful kitchen with a copper farmhouse sink, and built in appliances. The modern elegance of the design will take your breath away. The second residence is 3,091 square feet and offers 5 bedrooms, 3 bathrooms and a features a full gym, sauna, and steam shower. The third structure is 812 sq ft and currently being used as an owner's suite. It has a kitchen, living area and bedroom on the first floor and a loft that could be used for an office or 2nd bedroom. Outdoors, the expansive property features several patio areas, a koi fish pond with fountain and bridge, ideal for outdoor activities or creating your own private retreat. Whether you are hosting large gatherings, relaxing by the pond, or enjoying a quiet evening on one of the many patios, this estate offers it all, and more. Endless options for this property to include, multiple generations, business owners headquarters, Air BNB, etc. New owner can apply for ag exemption and save on taxes. Seller is willing to let home go with most of the furniture. Current appraisal is uploaded to transaction desk for viewing. Current owner is using it for short term rental and personal use. Has both an active well and community water, can be switched between the two at any time. All 3 homes will get a new roof before closing. Get ready to come home to your dream country living space (with suburban convenience).

Details

Property type

Single Family Residence

Est. home value

$845,156

Lot size

5.001 acres

Price per sq ft

$354

Year built

1999

Annual property taxes

$17,616

Price History

01/10/2025
NTREIS

NTREIS #20814558

Listed
$1,800,000

Schools & Community

Elementary school: 

Argyle West

Middle school: 

Argyle

High school: 

Argyle

School district: 

Argyle ISD

Seller’s Loan History

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

Lender

Black Label Capital Llc

Loan start date

August 2022

Original loan amount

$300,000

Est. remaining balance

Not provided

Interest rate

5.7%

Loan type

Commercial, 1 year

Seller

Stone Real Estate Group Llc

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?

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Status: Active

Tomo last checked: 02/23/2025 at 9:00 AM

Listing updated: 01/13/2025 at 10:48 AM

Listed by: Raymond Derstein, Beem Realty, LLC Phone #: (817) 903-9577

MLS: NTREIS #20814558

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