Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$364,000

NAL Estimated Property Value

500 Waters Edge Drive 229, Lake Dallas, TX, 75065

$455,782 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,180 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$172.02 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size3.68 acres

Building Information

Year Built2005
Stories1
Garage Spaces2

Land Information

APNR295905
SubdivisionWaters Edge Condominium
Land UseResidential
Legal DescriptionWATERS EDGE CONDOMINIUM BLD 2 UNT 229 PLUS 1.9178 % INT IN COM AREA UNIT TYPE E, UNDIVIDED INTEREST 50.0000000000% - UDI: 50.
Census Tract021411
Assessed Land Value$34,834
Assessed Improvement Value$155,218
Assessment Year2025

About this property

Incredible second story condo with lake views from almost every room. 12 X 12 foot tiled balcony off MBR has awesome view of lake and room for grill and seating. Carpet, ceramic tile and vinyl plank flooring throughout. Very open floorplan with large rooms. Granite countertops throughout kitchen, baths, and coffee bars. SS appliances in open kitchen. Windows have sunscreens and plantation shutters. Updated hvac with low utility bills. Pull out shelves installed in cabinets Two assigned covered parking spots connected to condo with interior elevator. Huge clubhouse with panoramic view of lake next to workout facility. Pool with spa, walk to lake with your kayak or beach chair. Exceptional value.

Investor Tools

Property Icon
$364,000
Estimated Property Value
$283,905Estimated Mortgage Balance
$80,095Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$455,781
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$336/month
$469/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,209
$190,052
2025
$34,834
$155,218
$190,052
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,209
$190,052

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Academy Mortgage Corp
Conventional
$314,500
No
First
Apr 30, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$283,905
$80,095
22%
78%
$1,886/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

500 Waters Edge Drive 229 | Property Details | No Agent List