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$434,500

603 Wedgewood Way, Lake Dallas, TX, 75065

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,435 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$163.86 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave

Exterior

Exterior FeaturesRain Gutters
Lot Size7,797 sqft

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR201543
Lot Number7
SubdivisionJackson Ranch (Lake Dallas)
Land UseResidential
Legal DescriptionJACKSON RANCH (LAKE DALLAS) BLK A LOT 7
Census Tract021413
Assessed Land Value$85,676
Assessed Improvement Value$369,723
Assessment Year2025

About this property

MOTIVATED SELLERS DUE TO RELOCATION! Beautiful 3-bedroom, 2-bathroom home in the desirable Jackson Ranch community! Thoughtfully updated and move-in ready, this property combines comfort, style, and peace of mind with a long list of recent improvements and outdoor living. Enjoy durable luxury vinyl plank flooring throughout most of the home (2018), complemented by fresh interior paint completed over the past few years. The bright and airy living room boasts brand-new energy-efficient windows (April 2025), while the kitchen features modern stainless steel appliances including a gas range, microwave, dishwasher, garbage disposal, and updated faucet, all replaced in 2021. The primary suite offers an updated bathroom with new counters and sinks (March 2025) and the comfort of carpeted flooring. The secondary bedrooms and bath are spacious and well kept, ideal for guests, kids, or a home office. Major systems have been carefully maintained or replaced, including a new outside AC unit (2020), and a fully updated furnace coil, blower, and motor (2025) both with transferable warranties. The water heater was replaced in 2015, and the roof and gutters were replaced in 2018 with a current warranty and a clean inspection in March 2025. A professional foundation repair in 2019 also carries a transferable warranty for added confidence. Outdoor spaces shine with raised tree canopies (Feb 2025), fresh sod, and a BRAND NEW walkway (March 2025). Sprinkler heads were replaced (March 2025), and the property receives quarterly pest control services through Jackson’s Mosquito for year-round protection. Don’t miss this opportunity to own a truly turnkey home in a well-established neighborhood. Schedule your tour today and see all the thoughtful upgrades for yourself! Located less than 5 minutes from I-35, for easy commutes and with many shopping, dinning and modern conveniences located nearby.

Investor Tools

Property Icon
$434,500
Estimated Property Value
$275,000Estimated Mortgage Balance
$163,931Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,607 /month
Positive
Cash Flow Estimate:
$869 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$721/month
$335/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,485
$434,500
2025
$85,676
$369,723
$455,399
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,485
$434,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nationstar Mortgage Llc
Conventional
$275,000
No
First
Jun 3, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$270,569
$163,931
37%
62%
$1,649/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
$1,984/mo
+$106/mo
5.8%

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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603 Wedgewood Way | Property Details | No Agent List