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$285,000

NAL Estimated Property Value

423 Lake Highland Drive, Lake Dallas, TX, 75065

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,619 Sq Ft
price_per_sqft$70.97 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringCarpet, Laminate

Exterior

Lot Size2,827 sqft

Building Information

Year Built1974
Stories2
Roof Type105
Garage Spaces1

Land Information

APNR65956
Lot NumberD
SubdivisionHarbourtown Villas Ph 1
Land UseResidential
Legal DescriptionHARBOURTOWN VILLAS PH 1 BLK 10 LOT D
Census Tract021411
Assessed Land Value$47,719
Assessed Improvement Value$237,281
Assessment Year2025

About this property

Great opportunity here for some fix up and rental OR First time buyer that wants very little yard maintenance! Large living area open to dining with fireplace, one bedroom down two bedrooms up. Garage has partial conversion but can easily be reconverted.

Investor Tools

Property Icon
$285,000
Estimated Property Value
$200,462Estimated Mortgage Balance
$84,538Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$666/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,561
$285,000
2025
$47,719
$237,281
$285,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,561
$285,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Park Lending Services Inc
Conventional
$222,500
No
First
Mar 12, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$200,462
$84,538
29%
70%
$1,334/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
$1,334/mo
+$756/mo
8.8%

City: Lake Dallas

423 Lake Highland Drive | Property Details | No Agent List