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$371,990

428 Waters Edge Drive 513, Lake Dallas, TX, 75065

$427,142 ARVInfo
Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,272 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$163.73 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 4Bathrooms 4
AppliancesConvection Oven, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Tankless Water Heater, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size4.25 acres

Building Information

Year Built2021
Stories1
Garage Spaces2

Land Information

APNR967210
SubdivisionLewisville Water's Edge Ii Condominium
Land UseResidential
Legal DescriptionLEWISVILLE WATER'S EDGE II CONDOMINIUM BLD 5 UNT 513 PLUS 2.273 % INT IN COM AREA
Census Tract021411
Assessed Land Value$46,446
Assessed Improvement Value$272,422
Assessment Year2025

About this property

Bermuda Floorplan. Beautiful custom 3_3.5_2 overrsized garage.Cozy fireplace nestled in the corner of the LR,custom open concept gourmet kitchen w gas cooktop,built in convection oven,custom wood cabinets,designer backsplash,kit island w tons of prep space.Thoughtful custom designer details abound in this 2272 sq ft townhome style condo Masterbth w sep vanities,quartz counters,double shower,freestanding slipper tub.2 additional bedrooms w their own full baths,walk in closets. Gamerm provides additional entertaining space.This community is a luxury mid-rise residence,nestled amidst a perpetual forest of trees and an oasis of natural beauty w all the urban conveniences. Very close to the shores of Lake Lewisville

Investor Tools

Property Icon
$434,000
Estimated Property Value
$0Estimated Mortgage Balance
$164,313Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$427,142
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,604 /month
Positive
Cash Flow Estimate:
$868 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$695/month
$225/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,170
$318,868
2025
$46,446
$272,422
$318,868
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,170
$318,868

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$297,592
No
First
Jun 4, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$269,687
$164,313
37%
62%
$1,785/mo

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.

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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: Lake Dallas

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428 Waters Edge Drive 513 | Property Details | No Agent List