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$453,736

204 Pembrook St, Lake Dallas, TX, 75065

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,063 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$230.25 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher
FlooringTile

Exterior

Lot Size28,998 sqft

Building Information

Year Built2008
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR63926
Lot Number29
SubdivisionOak Lakes
Land UseResidential
Legal DescriptionOAK LAKES BLK J LOT 29
Census Tract021413
Assessed Land Value$115,400
Assessed Improvement Value$339,715
Assessment Year2025

About this property

Multiple Offers requesting best and Final Sat Dec 20 by 5pm. This is a rare opportunity to own a truly one-of-a-kind, corner lot home located directly on the pond. The property is perfectly situated just a few blocks from the marina, offering easy access to walking trails and a convenient boat ramp. With no HOA restrictions and 2 separate entrances and exits for the subdivision, this home provides both flexibility and privacy. If you have recreational vehicles or toys, the home features an improved surface that is ideal for parking a golf cart, small RV, boat, or side-by-side. The backyard has a stocked pond, making it the envy of all your friends and a perfect spot for relaxation or fishing. For those who love entertaining, the outdoor space is a dream—ideal for adding Edison lights and a firepit to create a cozy, inviting atmosphere. The entire interior has been freshly painted in neutral colors, giving the home a modern and welcoming feel. Upgrades include all new can lights and ceiling fans throughout and the home is wired for surround sound. The garage features a work nook, perfect for hobbies or projects. Thoughtful design elements are found throughout the home, including large doorways and an open concept layout that fills the space with natural light. Additional touches include a decked attic for extra storage, which is nicely insulated with spray foam for energy efficiency. All solid surface flooring and no carpet in the home. All information is deemed to be accurate but buyer and buyers agent to verify.

Investor Tools

Property Icon
$453,736
Estimated Property Value
$324,100Estimated Mortgage Balance
$131,041Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$758/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,828
$453,736
2025
$115,400
$339,715
$455,115
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,828
$453,736

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Champions Funding Llc
Commercial
$324,100
No
First
Feb 12, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$322,695
$131,041
28%
71%
$1,944/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
$1,944/mo
+$146/mo
5.5%

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: Lake Dallas

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204 Pembrook St | Property Details | No Agent List