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$550,000

511 Diamond Point Drive, Oak Point, TX, 75068

$682,300 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,038 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181.04 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Double Oven, Gas Cooktop, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Wood

Exterior

Exterior FeaturesFire Pit, Rain Gutters, Lighting
Lot Size1.04 acres

Building Information

Year Built2013
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR170182
Lot Number107
SubdivisionEmerald Sound At Lake Lewisville
Land UseResidential
Legal DescriptionEMERALD SOUND AT LAKE LEWISVILLE LOT 107
Census Tract020131
Assessed Land Value$203,859
Assessed Improvement Value$634,541
Assessment Year2025

About this property

Absolutely Spectacular Secluded Gem on 1.04 Acres Lot Surrounded by Nature*Walking Distance to 3 Access Points to Lake! Picturesque 2013 Built Craftsman-Style Home Located in Emerald Sound at Lake Lewisville! Situated on a Park-Like Treed Lot!Every Detail Boasts Quality! Designer Touches Include Gleaming Hardwood Floors, Extensive Crown Molding & Trim Work, High Ceilings, Master Chef's Kitchen w-White Cabinetry, Farmhouse Sink, Granite C-Tops & Huge Island-Bkfst Bar, Decorative Lighting, Open Floorplan to Spacious Living Room*Updated Vanities & Light fixtures*Enormous Master Retreat & Bath to Envy*Spacious Bdrms! Oversized Game-Media Rm! Even the screened in porch is amazing!

Investor Tools

Property Icon
$810,093
Estimated Property Value
$0Estimated Mortgage Balance
$356,492Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$682,299
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,861 /month
Positive
Cash Flow Estimate:
$1,620 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,329/month
$206/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,899
$810,093
2025
$203,859
$634,541
$838,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,899
$810,093

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Point Financial Corporation
Conventional
$508,500
No
First
Oct 21, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$453,601
$356,492
44%
56%
$3,049/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
$3,255/mo
$-385/mo
4.3%

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.

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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: Oak Point

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511 Diamond Point Drive | Property Details | No Agent List