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$442,464

NAL Estimated Property Value

230 Luna Ln, Lake Dallas, TX, 75065

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,260 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$189.82 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Water Heater, Gas Cooktop, Gas Oven, Microwave, Vented Exhaust Fan
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size5,750 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR989528
Lot Number21
SubdivisionFalcon Place
Land UseResidential
Legal DescriptionFALCON PLACE BLK B LOT 21
Census Tract021413
Assessed Land Value$86,249
Assessed Improvement Value$356,215
Assessment Year2025

About this property

Curb appeal abounds with this 4 bedroom, 3 bath Lake Dallas home! You and your guests are warmly welcomed the moment you enter! The inviting living room with soaring ceilings and large windows sits at the heart of the versatile floorplan. The modern eat-in kitchen offers built-in appliances, an island with seating, crisp white cabinetry, sleek counter tops, a pantry, and ample prep space. The serene primary suite boasts an ensuite bath and walk-in closet. Spacious secondary bedrooms and baths. Beautiful formal dining room can easily be used as an elegant home office or a cozy den. You will appreciate the private backyard with a covered patio that provides additional outdoor living and entertaining space. Excellent location just minutes from Lake Dallas and many parks, shopping, and dining options! 3D tour is available online! Don't miss your chance to call this rare Lake Dallas gem you new home!

Investor Tools

Property Icon
$442,464
Estimated Property Value
$372,878Estimated Mortgage Balance
$69,586Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,655 /month
Positive
Cash Flow Estimate:
$885 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$773/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,066
$442,464
2025
$86,249
$356,215
$442,464
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,066
$442,464

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$382,500
No
First
Dec 2, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$372,878
$69,586
15%
84%
$2,294/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,730/mo
$3,044/mo
$-314/mo
7.4%

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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230 Luna Ln | Property Details | No Agent List