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$332,000

NAL Estimated Property Value

5514 Bishop Ct, Lake Dallas, TX, 75065

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,908 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151.94 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave, Refrigerator
FlooringCarpet, Combination

Exterior

Lot Size6,752 sqft

Building Information

Year Built1976
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR65771
Lot Number2
SubdivisionKings Manor Addn Ph 1 & 2
Land UseResidential
Legal DescriptionKINGS MANOR ADDN PH 1 & 2 BLK C LOT 2
Census Tract021411
Assessed Land Value$58,523
Assessed Improvement Value$285,927
Assessment Year2025

About this property

Space, Updates & Lake Life Await! Welcome to the largest home in the neighborhood a rare find offering room to spread out, entertain, and grow. Major systems are already handled including furnaces & heat pump replaced Jan 2018, new roof July 2018, windows updated 2020 for energy efficiency and natural light, fresh interior paint, and a new fence for added privacy and durability. A backyard to unwind on the covered patio or gather around the fire pit along a concrete walkway winding through a peaceful, well-designed backyard. Prime location just minutes from the marina and lake, perfect for boating, watersports, or lakeside walks And with quick access to 35E for an easy commute. A fantastic fit for first-time buyers ready to move in or investors eyeing strong rental and resale potential. Motivated sellers bring all offers! Refrigerator can stay with home.

Investor Tools

Property Icon
$332,000
Estimated Property Value
$107,777Estimated Mortgage Balance
$224,517Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,992 /month
Positive
Cash Flow Estimate:
$664 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$280/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,700
$281,877
2025
$58,523
$285,927
$344,450
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,700
$281,877

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$136,800
No
First
Aug 18, 2016
Sep 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$107,777
$255,223
70%
32%
$821/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
$821/mo
+$1,269/mo
7.6%

City: Lake Dallas

5514 Bishop Ct | Property Details | No Agent List