5 months on rocket

1705 Maranatha Way, Southlake, TX, 76092

$2,090,000

2.49 Acres
Land

Location

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Property Highlights

Home TypeUnimproved Land
HeatingCentral, Natural Gas
CoolingCentral Air, Electric
MLS #20655134
Lot Size2.49 Acres
StatusActive

About 1705 Maranatha Way

Unparalleled opportunity to own 2.489 acres in the ultra-exclusive, Maranatha Estates! If you are seeking a truly elite lifestyle, this is the private estate lot for you. This expansive property boasts dual ponds and a lush canopy of trees, offering unparalleled seclusion from neighboring lots. This estate is surrounded by multi-million dollar residences, ensuring a future of unrivaled elegance and distinction. The generous acreage provides ample space for a future magnificent estate, complete with a luxurious backyard pool, private pickleball courts, and endless possibilities for customization. Ideal for discerning developers, elite builders, or individuals with a vision for extraordinary living, this rare lot is a gem that seldom comes to market. Positioned in a coveted area renowned for its proximity to fine dining, upscale shopping, and major highways, this lot is an exceptional find. Enjoy living where exclusivity and luxury are a way of life.

Property Details

Property Features

Listing Office:

  • Office Name: Real
  • Office Phone: (817) 657-2470, (512) 960-3253
  • Listing Agent: Michael Yarrito, Michael Hershenberg

Virtual/3D Tour

  • Virtual Tour: 1705 Maranatha Way
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Lot Features

Lot Information:

  • Lot: Back Yard, Cul-De-Sac, Interior Lot, Lawn, Many Trees, Subdivision, Sprinklers, City Lot
  • Lot Size: 2.49 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: From Highway 114, West on Dove Road, Left on David Blvd, Left on Randol Mills Avenue, Left on Maranatha Way. The property will be on the Left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,090,000

Tax Information:

  • Annual Amount: $17,860
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Southlake, TX.

Med. List Price

$1.4M

Med. Price/SqFt

$347

Avg. Days On Market

89

# of Sold Homes

22

1705 Maranatha Way vs Southlake

179 DAYS ON ROCKET

+90 Days

$2,090,000

+$665K More

KEY TAKEAWAY

This property is $665K more than the Median List Price in Southlake, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20655134

Listing Office:

  • Office Name: Real
  • Office Phone: (817) 657-2470, (512) 960-3253
  • Listing Agent: Michael Yarrito, Michael Hershenberg

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 12/22/2024, 4:21:04 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$17,860$747,800
2019$17,998$747,800
2017$17,245$665,723

History based on county public records data.

Payment Calculator

$10.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,332

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1019694
9
/10
  • Florence Elementary School

  • 3095 Johnson Rd

  • 1.68 miles

  • Public District Grades KG-4

school-card-donut-1019695
9
/10
  • Durham Intermediate School

  • 801 Shady Oaks Dr

  • 1.74 miles

  • Public District Grades 5-6

school-card-donut-1019696
9
/10
  • Walnut Grove Elementary School

  • 2520 N White Chapel Blvd

  • 2.12 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $248,878. Typical income of Southlake, TX residents is $200k+ annually. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1705 Maranatha Way

What is the listing price of this property?

The listing price of 1705 Maranatha Way property is $2,090,000.

What type of property is this?

The property 1705 Maranatha Way is land located in Southlake, Texas, 76092.

Is this property for sale now?

Active Listing: 1705 Maranatha Way is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $17,860 (source: MLS/based on county public records data).

How much acreage is this property?

The property 1705 Maranatha Way is 2.49 acres.
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Rocket HomesTexasTarrant CountySouthlake760921705 Maranatha Way

This home is located at 1705 Maranatha Way in Southlake, TX and zip code 76092. This home sits on a 2.49 acre lot. It has been listed on Rocket Homes since June 26, 2024 and is currently priced at $2,090,000.

Between October 2024 and November 2024, Southlake, TX real estate market has seen decrease in the number of listings by 13.3%. In November 2024 median list price was $1,425,000 and the average listing age was 89 days.

From Rocket Homes Real Estate and based on county public records data.

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