19view

Owner Contacts

$1,507,000

NAL Estimated Property Value

407 Aqua Dr, Dallas, TX, 75218

Off Market

4 Beds

4 Bath

3,973 Sq Ft

$163.6 / sqft

Built in 1953

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Range, Convection Oven, Plumbed For Ice Maker, Vented Exhaust Fan, Tankless Water Heater

FlooringCarpet, Ceramic Tile, Wood, Other

Exterior

Private Pool

Exterior FeaturesBalcony, Dog Run, Rain Gutters

Lot Size12,388 sqft

Building Information

Year Built1953

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000519010000000

Lot Number21

SubdivisionLake Highlands

Land UseResidential

Legal DescriptionLAKE HIGHLANDS ESTATES 4 BLK J/6134 LT 21 INT201900131642 DD05172019 CO-DC 6134 00J 02100 3DA6134 00J

Census Tract012900

Assessed Land Value$557,460

Assessed Improvement Value$710,430

Assessment Year2025

About this property

Recently remodeled home in Hexter Elementary. This unique home offers lrg open rooms w- flexible use of space, lots of natural light, wood floors down, clean lines, & fresh paint. Kitchen has granite c-tops, ss appliances & view of pool. DOWNSTAIRS MASTER features updated bath & French doors to backyard. Another bedroom+full bath are down. Upstairs has 2 bedrooms, game room & full bath. Iron spiral staircase leads up to den & balcony w- view of White Rock Lake & downtown. Backyard features pool w- water feature, cabana, & exterior access to full pool bath. Over-sized garage + another 2-car garage 22 x 19. Close to White Rock Lake, Norbuck Park, Casa Linda Plaza, schools, & hospital. Easy commute to downtown.

Investor Tools

$1,507,000

Estimated Property Value

$424,025Estimated Mortgage Balance

$1,082,975Estimated Equity

71% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$9,042 /month

Positive

Cash Flow Estimate:

$3,014 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,903/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$15,304

$1,267,890

2025

$557,460

$710,430

$1,267,890

Tax History

Year

Tax Paid

Assessed Value

2024

$15,304

$1,267,890

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Homewood Mortgage Llc

Conventional

$467,000

First

Jul 26, 2021

Aug 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$424,025

$1,082,975

71%

28%

$2,800/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,710/mo

$2,800/mo

$-90/mo

2.2%

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