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$447,000

NAL Estimated Property Value

500 Waters Edge Dr Apt 124, Lake Dallas, TX, 75065

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,772 Sq Ft
price_per_sqft$197.51 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
AppliancesSome Gas Appliances, Dishwasher, Gas Cooktop, Disposal, Microwave, Plumbed For Gas
FlooringCarpet, Ceramic Tile, Luxury Vinyl Plank

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Deck, Lighting, Rain Gutters
Lot Size3.68 acres

Building Information

Year Built2005
Stories1
Garage Spaces2

Land Information

APNR295870 02
SubdivisionWaters Edge Condominium
Land UseCondominium
Legal DescriptionWATERS EDGE CONDOMINIUM BLD 1 UNT 124 PLUS 1.5589 % INT IN COM AREA UNIT TYPE D1 UNIT TYPE D1
Census Tract021411
Assessed Land Value$56,606
Assessed Improvement Value$279,631
Assessment Year2024

About this property

BEST DEAL IN DFW PRICED BELOW APPRAISED VALUE. Never miss a beautiful sunset again and live in the coolest gated community on the lake with amenities galore! Easy upkeep offering a true lock and leave lifestyle with very low bills and homeowners insurance. HOA includes gated entrance with video monitoring 24-7, a first-class community lake house with a full kitchen, flatscreen TVs, sun deck, and grills, a gym, sparkling saltwater pool, hot tub, cabanas and more grills, plus walking trails and direct lake access. HOA also includes exterior insurance and maintenance. You can not live this inexpensively on the lake and get all of this stuff! Located on the shores of Lake Lewisville between 2 marinas and is 25-min from DFW Airport. *$2,500 Lender Credit available through NuWave lending ask for details.

Investor Tools

Property Icon
$447,000
Estimated Property Value
$0Estimated Mortgage Balance
$447,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,682 /month
Positive
Cash Flow Estimate:
$894 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$426/month
$591/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,873
$336,237
2024
$56,606
$279,631
$336,237
No

Tax History

Year
Tax Paid
Assessed Value
2023
$2,873
$336,237

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$447,000
100%
0%
$0/mo

City: Lake Dallas

500 Waters Edge Dr Apt 124 | Property Details | No Agent List