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$417,780

1161 Bay Side Dr, Irving, TX, 75060

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,053 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$214.32 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal
FlooringCarpet

Exterior

Exterior FeaturesBalcony
Lot Size13,044 sqft

Building Information

Year Built1997
Stories2
Roof Type105
Garage Spaces2

Land Information

APN322555700A0210000
Lot Number21
SubdivisionLakeway Village
Land UseResidential
Legal DescriptionLAKEWAY VILLAGE BLK A LOT 21 INT202500076675 DD04102025 CO-DC 2555700A02100 2CI2555700A
Census Tract015207
Assessed Land Value$90,000
Assessed Improvement Value$327,780
Assessment Year2025

About this property

It is very rare to find a Lake Vilbig water-front home for sale, but here’s one now. TRULY UNIQUE. Almost third-acre on privacy-rich lot backing up to the lake with dock and island. Perch yourself on the two-story back deck and take in the wonders of nature. Situated on a quiet circular street; Various improvements: All new windows 1 & half years ago; Upstairs HVAC year old; new garage doors and openers; luxury vinyl plank and carpet 2021. Re-done master shower; solid-surface [Corian] kitchen counters; radiant barrier in attic for added efficiency; NEW ROOF AND FENCE COMING IN MARCH. UPSTAIRS FEATURES ALL THE BEDROOMS, living room and 2 full bathrooms; Downstairs offers half-bath plus, living-dining combo room in the front with soaring ceilings; kitchen opens to den in the back of the home overlooking truly one-of-a-kind views of over-sized back yard and lake [and island!]

Investor Tools

Property Icon
$417,780
Estimated Property Value
$346,000Estimated Mortgage Balance
$78,392Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,640 /month
Positive
Cash Flow Estimate:
$880 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$625/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,411
$417,780
2025
$90,000
$327,780
$417,780
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,411
$417,780

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Commercial
$346,000
No
First
Apr 10, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$339,388
$78,392
18%
81%
$2,075/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,225/mo
$-253/mo
5.7%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Irving

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1161 Bay Side Dr | Property Details | No Agent List