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B+
NoAgentList RatingHow are grades calculated?Info

$355,000

606 Cain St, Lake Dallas, TX, 75065

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,985 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$188.87 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListAbsentee Owner

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, Microwave
FlooringBamboo, Carpet

Exterior

Lot Size34,456 sqft

Building Information

Year Built1968
Roof Type105
Garage Spaces2

Land Information

APNR130926
Lot Number1
SubdivisionHoward Addn
Land UseResidential
Legal DescriptionHOWARD ADDN LOT 1
Census Tract021411
Assessed Land Value$107,054
Assessed Improvement Value$82,830
Assessment Year2025

About this property

Please submit best and final by noon Saturday May 3rd. AMAZING BASEMENT!!! This stunning home has so much charm and history while sitting on an oversized corner lot. It's not often that you find a property in town that sits on approx. .79 acres. This home is only a few blocks away from Lakeview Marina on Lake Lewisville, the walking trails and the RV park. You will have easy access to I35, the Lewisville Lake TollBridge and the DFW airport is approximately only a 20-minute drive. This property is located near the old town square and a short walk to all city events. You'll quickly notice all of the care that was taken and attention to details with pride of ownership once you tour this home and see all the updates done while remodeling. The homeowner was also able to keep some of the unique vintage features of this property and maintained some of the history. A few of the updates include removing cast iron pipes and installing new PVC, new bamboo engineered hardwood flooring in living room, dining room, kitchen and hallway. A German smear was applied to the fireplace in the living room to go along with the new beautifully stained large wood mantel. Homeowner replaced dishwasher, water heater, refrigerator, oven, garbage disposal, kitchen sink, bathroom sinks, toilets, faucets, ceiling fans, light fixtures and so much more throughout the home. There are two sunrooms, and one has a wood burning fireplace. The primary bathroom has a vintage pull out scale from the wall and it still works great. Don't miss out on this one-of-a-kind home in the heart of Lake Dallas. The list of updates is extensive and is available upon request. All information is deemed to be accurate but buyer and buyer's agent to verify.

Investor Tools

Property Icon
$355,000
Estimated Property Value
$363,653Estimated Mortgage Balance
$0Estimated Equity
-2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,249 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$321/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,073
$187,129
2025
$107,054
$82,830
$189,884
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,073
$187,129

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$363,653
No
First
Jun 4, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$357,793
N/A
0%
101%
$2,181/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
$2,181/mo
$-91/mo
7.1%

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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606 Cain St | Property Details | No Agent List