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$353,164

NAL Estimated Property Value

518 Oak Lk, Lake Dallas, TX, 75065

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,624 Sq Ft
price_per_sqft$208.74 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size9,596 sqft

Building Information

Year Built2001
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR62896
Lot Number19
SubdivisionOak Lakes
Land UseResidential
Legal DescriptionOAK LAKES BLK G LOT 19
Census Tract021413
Assessed Land Value$76,800
Assessed Improvement Value$276,364
Assessment Year2025

About this property

OFFER DEADLINE SATURDAY JUNE 11 AT MIDNIGHT. Updated home in a perfect location! NO HOA! Bring your boat or camper! Extremely close to lake living at its best! Split floor plan including two dining areas and large living room with wood burning fireplace. Kitchen has been updated with modern colors and finishes including painted cabinetry, granite counter tops, subway backsplash, under mount sink, upgraded faucet and LED decorative lighting. Secluded owners suite includes a GIANT wall to wall custom shower and walk in closet. Back yard offers a massive covered patio for lounging, spacious enough to accommodate a complete living space, grill and much more. This almost quarter acre lot is the perfect size for a pool and or other outside activities. Separate dog run on the side of the home! Located in close proximity to Lake Lewisville, shopping, restaurants, grocery stores, schools and major highways.

Investor Tools

Property Icon
$353,164
Estimated Property Value
$330,180Estimated Mortgage Balance
$22,984Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,119 /month
Positive
Cash Flow Estimate:
$706 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$596/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,384
$353,164
2025
$76,800
$276,364
$353,164
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,384
$353,164

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Conventional
$356,250
No
First
Jun 27, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$330,180
$22,984
6%
93%
$2,136/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
$2,136/mo
$-46/mo
7.1%

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: Lake Dallas

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518 Oak Lk | Property Details | No Agent List