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$482,339

NAL Estimated Property Value

500 Waters Edge Drive 332, Lake Dallas, TX, 75065

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,860 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$252.63 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Convection Oven, Dishwasher, Disposal, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size3.68 acres

Building Information

Year Built2014
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR296188 01
SubdivisionWaters Edge Condominium
Land UseCondominium
Legal DescriptionWATERS EDGE CONDOMINIUM BLD 3 UNT 332 PLUS 1.5589 % INT IN COM AREA
Census Tract021411
Assessed Land Value$56,606
Assessed Improvement Value$425,733
Assessment Year2024

About this property

Exquisite lakefront condo with views so big you will feel like you are out on the ocean! Home has been lightly used with little sign of wear as it has always been a second home. Located on the third floor, conveniently accessed by an elevator, this single level property is easy to care for & has the best views. Great open floorplan with lots of windows & warm tones. Split bedrooms for privacy. Great balcony with remote controlled screen. Sellers have upgraded the window coverings. Laundry room off the master closet & hall. Community pool, spa, grill & great outdoor areas. Clubhouse avail for parties, gym & 2 assigned parking spaces. Space for kayaks too. Best deal on the lake... this one will not last long!

Investor Tools

Property Icon
$482,339
Estimated Property Value
$0Estimated Mortgage Balance
$482,339Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,894 /month
Positive
Cash Flow Estimate:
$965 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$462/month
$381/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,130
$482,339
2024
$56,606
$425,733
$482,339
No

Tax History

Year
Tax Paid
Assessed Value
2023
$3,130
$482,339

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$482,339
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
$381/mo
+$1,709/mo
5.2%

City: Lake Dallas

500 Waters Edge Drive 332 | Property Details | No Agent List