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$2,503,932

NAL Estimated Property Value

2312 Lafayette Drive, Heath, TX, 75032

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,656 Sq Ft
price_per_sqft$278.14 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesRefrigerator, Trash Compactor, Built-In Refrigerator, Dishwasher, Disposal, Gas Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Marble, Stone

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size39,596 sqft

Building Information

Year Built2009
Stories1
Garage Spaces2

Land Information

APN4122-000B-0001-00-0R
Lot Number1
SubdivisionLafayette Point
Land UseResidential
Legal DescriptionLAFAYETTE POINT, BLOCK B, LOT 1
Census Tract040510
Assessed Land Value$1,818,200
Assessed Improvement Value$685,732
Assessment Year2025

About this property

Exceptional Executive Waterfront Estate Property on the shores of Lake Ray Hubbard. Amazing views of sailboats, sunsets, the Dallas skyline, and the marina at Chandler's Landing. This approx. 1acre, waterfront estate with timeless architecture, in sought-after and convenient Heath location, offers 4 bedrooms, 4 baths, 3 living areas, 2 dining areas, study-library, a gourmet granite kitchen, wet bar, pool with attached spa, seawall, circle drive with fountain, 3 car garage and much more. If a waterfront lifestyle is what you seek you have found home.

Investor Tools

Property Icon
$2,503,932
Estimated Property Value
$0Estimated Mortgage Balance
$2,503,932Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$15,024 /month
Positive
Cash Flow Estimate:
$5,008 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,943/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$22,798
$2,503,932
2025
$1,818,200
$685,732
$2,503,932
No

Tax History

Year
Tax Paid
Assessed Value
2024
$22,798
$2,503,932

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,503,932
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$250/mo
+$2,760/mo
1.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Heath

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2312 Lafayette Drive | Property Details | No Agent List