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Account: 42197056

Address: 1240 MAIN ST


Location

Address: 1240 MAIN ST

City: SOUTHLAKE

Georeference: 39618-2R1-4R

Subdivision: SOUTHLAKE TOWN SQUARE ADDITION

Neighborhood Code: Special General

Latitude: 32.9433869937

Longitude: -97.1329433557

TAD Map: 2108-464

MAPSCO: TAR-026G

This map, content, and location of property is provided by Google Services.

Property Data

Legal Description: SOUTHLAKE TOWN SQUARE ADDITION Block 2R1 Lot 4R

Jurisdictions:

CITY OF SOUTHLAKE (022)
TARRANT COUNTY (220)
TARRANT COUNTY HOSPITAL (224)
TARRANT COUNTY COLLEGE (225)
CARROLL ISD (919)

State Code: F1

Year Built: 1998

Personal Property Account: 14565841

Agent: RYAN LLC (00320)

Site Number: 80870532

Site Name: SOUTHLAKE TOWN SQUARE - PHASE I

Site Class: RETCommunity - Retail-Community Shopping Center

Parcels: 17

Primary Building Name: PHASE I / 1B OFFICE RETAIL / 07927460

Primary Building Type: Commercial

Gross Building Area+++: 12,187

Net Leasable Area+++: 12,187

Percent Complete: 100%

Land Sqft*: 176,853

Land Acres*: 4.0600

Pool: N

Notice Sent Date: 5/1/2025

Notice Value: $7,674,046

Protest Deadline Date: 6/17/2024

+++ Rounded.

* This represents one of a hierarchy of possible values ranked in the following order: Recorded, Computed, System, Calculated.

Property Documents

Documents

2025 Documents

    2024 Documents

      Owner Information

      Current Owner:

      KRG TOWN SQUARE VENTURES LLC

      Primary Owner Address:

      30 S MERIDIAN ST SUITE 1100
      INDIANAPOLIS, IN 46204

      Deed Date: 9/12/2022

      Deed Volume:

      Deed Page:

      Instrument: NAMCHGS020985

      Previous Owners:

      Name Date Instrument Deed Volume Deed Page
      TOWN SQUARE VENTURES LP 12/19/2017 D217294094

      Values

      This information is intended for reference only and is subject to change. It may not accurately reflect the complete status of the account as actually carried in TAD's database. Tarrant County Tax Office Account Information.

      Year Improvement Market Land Market Total Market Total Appraised+
      2025 $5,905,516 $1,768,530 $7,674,046 $7,674,046
      2024 $4,524,929 $1,768,530 $6,293,459 $6,293,459
      2023 $4,506,907 $1,768,530 $6,275,437 $6,275,437
      2022 $112,959 $1,768,530 $1,881,489 $1,881,489
      2021 $61,521 $1,768,530 $1,830,051 $1,830,051
      2020 $217,470 $1,768,530 $1,986,000 $1,986,000

      Pending indicates that the property record has not yet been completed for the indicated tax year.

      + Appraised value may be less than market value due to state-mandated limitations of value increases.

      Exemptions / Special Appraisal

      There are no exemptions for this property

      Per Texas Property Tax Code Section 25.027, this website does not include exemption information indicating that a property owner is 65 years of age or older for unauthorized individuals.