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Days271Days on Market
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$370,000

$375,000

305 Ravenna Rd, Lake Dallas, TX, 75065

On MarketInfo
Price DropInfo
Beds4 Beds
Baths2 Bath
Baths2,376 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.72 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCeramic Tile, Concrete, Laminate

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size6,599 sqft

Building Information

Year Built2000
Stories2
Roof Type105
Garage Spaces1

Land Information

APNR201644
Lot Number5
SubdivisionJackson Ranch (Lake Dallas)
Land UseResidential
Legal DescriptionJACKSON RANCH (LAKE DALLAS) BLK H LOT 5
Census Tract021413
Assessed Land Value$84,150
Assessed Improvement Value$310,120
Assessment Year2025

About this property

Step into a home designed for effortless living and easy entertaining. This four-bedroom residence welcomes you with an open floor plan that feels both spacious and inviting from the moment you walk in. Off the entry, the formal living and dining areas offer fantastic versatility; the living space is particularly well-suited for a quiet home office if needed and the dining room offers convenient access to the kitchen. The heart of the home is the kitchen, it's well appointed and features SS appliances, a center island, plenty of cabinetry, and generous counter space for meal prep or casual gatherings. It flows seamlessly into the light-filled great room, where a cozy gas fireplace serves as a focal point and a magnificent wall of windows offers a clear view of the private backyard. For ultimate convenience, the primary suite is tucked away on the main level, providing a peaceful retreat, while three freshly painted additional bedrooms and a full bath are located upstairs. The outdoor living space is truly a standout feature. An oversized covered patio creates a spectacular setting for relaxing in the shade, weekend cookouts, and catching up with friends and family. Located in a sought-after community that boasts a neighborhood pool and park, this home is well maintained and ready for new owners.

Investor Tools

$160,668Estimated Mortgage Balance
$234,242Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,366 /month
Positive
Cash Flow Estimate:
$789 /month

Interested in this property?

Candis Dunn

Compass RE Texas, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$674/month
$335/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,122
$394,270
2025
$84,150
$310,120
$394,270
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,122
$394,270

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Fha
$179,036
Yes
First
Feb 18, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$160,668
$233,602
59%
41%
$1,074/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,730/mo
$1,409/mo
+$1,321/mo
8.3%

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.

Explore Texas Explore This Area
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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