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$447,000

NAL Estimated Property Value

500 Waters Edge Dr Apt 213, Lake Dallas, TX, 75065

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,773 Sq Ft
price_per_sqft$169.2 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Gas Range
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size3.68 acres

Building Information

Year Built2005
Stories1

Land Information

APNR295890 02
SubdivisionWaters Edge Condominium
Land UseCondominium
Legal DescriptionWATERS EDGE CONDOMINIUM BLD 2 UNT 213 PLUS 1.5589 % INT IN COM AREA UNIT TYPE D1 UNIT TYPE D1
Census Tract021411
Assessed Land Value$56,606
Assessed Improvement Value$284,352
Assessment Year2024

About this property

Astounding opportunity for lakeside living. LAKE VIEWS from the patio - balcony and primary bedroom. This first floor unit with 3 bedrooms and a study is perfectly situated for easy living. Wood look tiled flooring throughout most of the unit is very opretty and easily maintained. The Primary bedroom is at the rear of the unit for maximum provacy. the other bedrooms are split in the front of the unit. Well appointed kitchen is open to the dining and living areas. The living room has a fireplace with TV mount above and a wet bar. Two dedicated under building parking spaces. Offering a perfect blend of comfort, convenience, and stunning views, this unit is ideal for those seeking a peaceful retreat just minutes from local amenities and scenic Lake Lewisville.

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
$448/month
$769/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,138
$340,958
2024
$56,606
$284,352
$340,958
Yes (2020)

Tax History

Year
Tax Paid
Assessed Value
2023
$3,138
$340,958

Equity Summary

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

Explore Texas Explore This Area
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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500 Waters Edge Dr Apt 213 | Property Details | No Agent List