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$447,000

NAL Estimated Property Value

500 Waters Edge Dr Apt 127, Lake Dallas, TX, 75065

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,582 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$183.25 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size3.68 acres

Building Information

Year Built2005
Stories1
Garage Spaces2

Land Information

APNR295873 02
SubdivisionWaters Edge Condominium
Land UseCondominium
Legal DescriptionWATERS EDGE CONDOMINIUM BLD 1 UNT 127 PLUS 1.3952 % INT IN COM AREA UNIT TYPE C UNIT TYPE C
Census Tract021411
Assessed Land Value$50,800
Assessed Improvement Value$253,825
Assessment Year2024

About this property

Low maintenance lakefront living! Waters Edge is Lake Lewisville's best kept secret! Excellent lake access perfect for kayaking, fishing, or relaxing with a glass of wine on the patio with neighbors. You have peaceful greenbelt views from your condo & balcony. Located on a peninsula, access tons of lake frontage while letting someone else worry about the upkeep! You're only responsible for what's inside your four walls with this luxurious condo. Gated entry & great neighbors for security & peace of mind while away. Single story condo with elevator access & two dedicated garage spots with storage. Engineered hardwood floors, granite & tile finish out the space nicely. Open floorplan with split bedrooms great for entertaining & full time living. The access to the lake can't be beat! Complex has small watercraft storage onsite. Boat parking nearby. Pool, grilling area, gym & clubhouse with large deck overlooking the water. Amazing opportunity to live on the lake under $300,000!

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
$327/month
$574/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,687
$304,625
2024
$50,800
$253,825
$304,625
No

Tax History

Year
Tax Paid
Assessed Value
2023
$1,687
$304,625

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 127 | Property Details | No Agent List