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$375,000

NAL Estimated Property Value

528 Addison Street, Lake Dallas, TX, 75065

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,800 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$208.33 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringCeramic Tile, Laminate, Wood

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size11,395 sqft

Building Information

Year Built1985
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR63923
Lot Number26
SubdivisionOak Lakes
Land UseResidential
Legal DescriptionOAK LAKES BLK J LOT 26
Census Tract021413
Assessed Land Value$97,796
Assessed Improvement Value$274,078
Assessment Year2025

About this property

Unique, distinctive waterfront home tucked on a .26 acre lot in Lake Dallas! This hidden gem is ready for a new owner who loves waterfront living and appreciates something truly character filled. Unlike neighboring homes that face the street, this one was intentionally designed to turn toward the water, creating a stunning first impression and a lifestyle centered around the view. Follow the new professionally built long boardwalk approach with guardrails to a sprawling deck overlooking the water, then relax on the expansive covered front porch that spans the width of the home and captures peaceful nature views beyond. Inside, you’ll find rich deep wood-look laminate flooring throughout most of the home, including the staircase and upstairs, with tile in both baths. The grand living area is anchored by an attractive brick wood-burning fireplace and flows seamlessly into the dining area and kitchen, making it ideal for everyday living or entertaining. The kitchen features quartz countertops, stainless steel appliances, and newly refinished cabinetry. The dining area easily accommodates casual meals or formal. The generously sized primary suite is located on the main level and includes an adjoining sitting area perfect for a nursery, office, reading nook, or workout space. The bath offers private access, an oversized shower with subway tile surround, and pebble-look flooring. Upstairs, you’ll find two additional bedrooms and a full bath with a subway tile shower surround and tile flooring. Step outside to the expansive backyard and imagine the possibilities: outdoor kitchen, pickleball court, pool, raised garden beds, play space, or your own private retreat. There’s even more with the 20x16 workshop featuring full electric, ideal as a man cave, she shed, separate office, game room, studio, or hobby space. A rare opportunity in a close-knit neighborhood with no HOA. Relaxed waterfront living with personality, charm, and endless potential awaits!

Investor Tools

Property Icon
$375,000
Estimated Property Value
$235,390Estimated Mortgage Balance
$139,610Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$628/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,661
$371,874
2025
$97,796
$274,078
$371,874
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,661
$371,874

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mid-American Mortgage Inc
Conventional
$256,800
No
First
Dec 30, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$235,390
$139,610
37%
63%
$1,540/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
$1,540/mo
+$550/mo
6.7%

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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528 Addison Street | Property Details | No Agent List