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$264,999

611 Shore Drive, Lake Dallas, TX, 75065

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,359 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$195 / sqft
Year BuiltBuilt in 1989

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, Gas Range, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size10,001 sqft

Building Information

Year Built1989
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR66227
Lot Number4,7
SubdivisionLake Dallas Shores Addn
Land UseResidential
Legal DescriptionLAKE DALLAS SHORES ADDN BLK 5 LOT 4-7,20-23
Census Tract021411
Assessed Land Value$110,000
Assessed Improvement Value$164,569
Assessment Year2025

About this property

UPDATED 3 Bedroom, 2 bath in COUNTRY setting, Walking distance to Lake Lewisville. LOTS OF TREES! updated kitchen and baths with tile floors, polished Quartz countertops and undermount sinks, living area with vaulted ceilings and brick gas start wood burning fireplace, split bedroom design, all bedrooms have walk-in closets, ceiling fans in all rooms, fresh interior and exterior paint, 100 ft deep well for irrigation. Newer well pump. 16x15 outdoor patio off of dining area-great for cook outs! MANY UPDATES THROUGHOUT THIS HOME. Everything has been done, ready to move right into. Seller holds an active Texas Real Estate License.

Investor Tools

Property Icon
$299,000
Estimated Property Value
$0Estimated Mortgage Balance
$87,945Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$490/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,386
$274,569
2025
$110,000
$164,569
$274,569
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,386
$274,569

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Republic State Mortgage Co
Conventional
$232,000
No
First
Aug 13, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$211,055
$87,945
29%
71%
$1,391/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
$1,391/mo
+$699/mo
8.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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611 Shore Drive | Property Details | No Agent List