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Owner Contacts

$571,410

NAL Estimated Property Value

540 Aqua Dr, Dallas, TX, 75218

Off Market

2 Beds

1 Bath

1,600 Sq Ft

Single Family Residence

$2.06 / sqft

Built in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Dryer, Gas Oven, Gas Range, Gas Water Heater

FlooringWood

Exterior

Exterior FeaturesPrivate Yard

Lot Size10,030 sqft

Building Information

Year Built1950

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000519142000000

Lot Number14

SubdivisionLake Highlands

Land UseResidential

Legal DescriptionLAKE HIGHLANDS ESTATES 4 BLK M/6134 LT 14 INT202400020193 DD01302024 CO-DC 6134 00M 01400 3DA6134 00M

Census Tract012900

Assessed Land Value$451,350

Assessed Improvement Value$120,060

Assessment Year2025

About this property

Beautifully remodeled home, just minutes walking distance to White Rock Lake. A couple blocks away from award winning Hexter Elementary, this spacious home sits on an oversized, interior lot. Gleeming hardwoods, updated paint colors, remodeled kitchen and bath, stainless appliances, recessed lights on dimmer and an all around great floorplan. Walk in closets in main and secondary bedroom, lots of storage. Huge yard with large deck and separate patio area. Walk to local eateries, etc. ****This home is available for furnished (turn-key), and short term rental. Call agent for details.

Investor Tools

$571,410

Estimated Property Value

$361,709Estimated Mortgage Balance

$209,701Estimated Equity

36% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,428 /month

Positive

Cash Flow Estimate:

$1,143 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,302/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$12,771

$571,410

2025

$451,350

$120,060

$571,410

Tax History

Year

Tax Paid

Assessed Value

2024

$12,771

$571,410

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

First Horizon Bank

Conventional

$377,650

First

Jan 30, 2024

Feb 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$361,709

$209,701

36%

63%

$2,265/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,650/mo

$2,265/mo

$-615/mo

3.5%

Learn About the Market: Opportunity in Dallas

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DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

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