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$1,023,640

NAL Estimated Property Value

2985 Lakeside Drive, Highland Village, TX, 75077

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,323 Sq Ft
price_per_sqft$168.86 / 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 CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Convection Oven, Dishwasher, Disposal, Double Oven, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater, Wine Cooler
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size20,861 sqft

Building Information

Year Built1994
Stories3
Roof Type105
Garage Spaces3

Land Information

APNR174503
Lot Number12
SubdivisionHighland Shores Ph 11l
Land UseResidential
Legal DescriptionHIGHLAND SHORES PH 11L BLK MA LOT 12
Census Tract021512
Assessed Land Value$285,948
Assessed Improvement Value$851,959
Assessment Year2025

About this property

ONE OF A KIND CUSTOM LAKEFRONT HOME IN HIGHLAND SHORES! 4 BR, 4 BA w 4 LA and 3 car garage. Kitch incl grnite cntrs, island w prep sink, dbl ovens, b-in fridge, gas cktop, 2 pantries, brkfst bar and open to the Lg fam rm w wall of windows w elevated views of the property and lake. Private Mstr Suite encompasses the entire top flr incl private sitting area w b-I cabs, perfect as a study, more views of the lake, prvt deck, jet tub, sep shwr, dual vanities, 3 sided fplace, huge w-i closet! Lower level incl BR w built ins, BA and LA w access to the covered patio. All BR feature an ensuite bath. Multiple balconies, solid core drs, 3 fplaces, fantastic schools, THE ONLY THING MISSING IS YOU!

Investor Tools

Property Icon
$1,023,640
Estimated Property Value
$70,753Estimated Mortgage Balance
$952,887Estimated Equity
93% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,142 /month
Positive
Cash Flow Estimate:
$2,047 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,406/month
$820/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,757
$1,023,640
2025
$285,948
$851,959
$1,137,907
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,757
$1,023,640

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Credit Line (Revolving) / Heloc
$75,000
No
First
Apr 28, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$70,753
$952,887
93%
7%
$450/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,200/mo
$1,270/mo
+$1,930/mo
3.8%

City: Highland Village

2985 Lakeside Drive | Property Details | No Agent List