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$340,000

NAL Estimated Property Value

516 Oak Lk, Lake Dallas, TX, 75065

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,561 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$213.97 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringLaminate

Exterior

Exterior FeaturesPrivate Yard, Garden
Lot Size9,596 sqft

Building Information

Year Built2004
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR62895
Lot Number18
SubdivisionOak Lakes
Land UseResidential
Legal DescriptionOAK LAKES BLK G LOT 18
Census Tract021413
Assessed Land Value$76,800
Assessed Improvement Value$273,205
Assessment Year2025

About this property

Gardener’s Dream Home Near the Lake! Beautifully maintained 4-bedroom, 2-bath home located close to the lake, shopping, and restaurants. This sparkling clean property features an updated kitchen with modern finishes and wood-like flooring throughout. The split floorplan offers a private primary suite, providing a perfect retreat from the secondary bedrooms. Enjoy outdoor living at its best with a spacious patio and raised garden beds—ideal for anyone who loves to garden or entertain. This home combines comfort, convenience, and charm in a fantastic location. Move-in ready and waiting for its next owner!

Investor Tools

Property Icon
$340,000
Estimated Property Value
$0Estimated Mortgage Balance
$340,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,040 /month
Positive
Cash Flow Estimate:
$680 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$554/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$338,949
2025
$76,800
$273,205
$350,005
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$338,949

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$340,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,730/mo
N/A
+$2,730/mo
9.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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516 Oak Lk | Property Details | No Agent List