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$303,240

NAL Estimated Property Value

520 Waters Edge Way, Dodd City, TX, 75438

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size2.21 acres

Land Information

APN139906
Lot Number34
Land UseVacant Urban
Legal DescriptionBOIS D'ARC SHORES, LOT 34, ACRES 2.21
Assessed Land Value$303,240
Assessment Year2025

About this property

Bois D'Arc Lake presents a prime opportunity for real estate investment and personal enjoyment. As the first major lake constructed in Texas in over 30 years, it is poised to become a sought-after destination, offering a mix of recreational and conservation-focused experiences. Just 45 minutes from the Dallas Metroplex and easy acces to booming areas like McKinney, Plano, Celina and Prosper, the location provides untapped potenital. The community provides privacy, natural beauty and exlusivity for residents with an unparalleled chance to own a piece of this unique an thriving Texas landmark. This community offers underground utilities and water. Exclusive amenities include a private lakeside park, dog park, and pickleball court. Purchase now and build later at your own pace allowing for future planning. Enjoy the opportunity to design and construct a home that fits your preferences and lifestyle with your own builder.

Investor Tools

Property Icon
$303,240
Estimated Property Value
$81,317Estimated Mortgage Balance
$221,923Estimated Equity
73% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,819 /month
Positive
Cash Flow Estimate:
$606 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$454/month
$1,800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,935
$303,240
2025
$303,240
N/A
$303,240
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,935
$303,240

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Veterans Land Board Of The State Of Tx
Unknown
$84,900
No
First
Jan 19, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$81,317
$221,923
73%
27%
$510/mo

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: Dodd City

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520 Waters Edge Way | Property Details | No Agent List