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$419,533

700 Oakridge Dr, Lake Dallas, TX, 75065

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,774 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$127.97 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Range, Refrigerator, Tankless Water Heater
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size13,329 sqft

Building Information

Year Built1997
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR194979
Lot Number23
SubdivisionThousand Oaks Ph Iii
Land UseResidential
Legal DescriptionTHOUSAND OAKS PH III BLK 4 LOT 23
Census Tract021413
Assessed Land Value$89,953
Assessed Improvement Value$329,580
Assessment Year2025

About this property

Fantastic 4-bedroom home on a large cul-de-sac lot in a quiet, established neighborhood, perfect for investors or DIY buyers looking to add personal touches! This spacious home already features several quality updates, including a renovated kitchen with granite countertops, stainless steel smart refrigerator and dishwasher, oversized gas range with cooktop, large farm sink, built-in microwave, and a stylish service bar with pendant lighting and seating for barstools. Brand new manufactured hardwood flooring flows through the main living areas, stairs, and the upstairs landing game room, giving the home a fresh, modern feel. The cozy living room features a wood-burning fireplace with a gas starter. The layout includes a downstairs master suite and three bedrooms upstairs, offering privacy and flexibility for families or guests. The master suite boasts high ceilings, a jetted tub, walk-in shower, and a generously sized walk-in closet. Dual AC units for upstairs and downstairs help maintain energy efficiency. The laundry room is equipped with shelving and a plumbed sink for added convenience. Additional upgrades include a Rheem tankless water heater, Hunter Hydrawise smart sprinkler system, and under-stairs storage. The two-car garage features sleek racing-style checkerboard tile. The backyard is fully fenced with an 8 ft high wood fence and includes mature trees that provide shade and help with energy efficiency, 27 X 10 slate floored covered back patio, plus a large in-ground pool in good working condition, perfect for entertaining or relaxing outdoors. There’s no HOA, and the home is priced accordingly to reflect cosmetic updates still needed, such as landscaping, interior paint, and master bath upgrades. This is a great opportunity to own a well-located home with excellent bones and plenty of potential!

Investor Tools

Property Icon
$419,533
Estimated Property Value
$276,000Estimated Mortgage Balance
$145,938Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,517 /month
Positive
Cash Flow Estimate:
$839 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$842/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,009
$419,533
2025
$89,953
$329,580
$419,533
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,009
$419,533

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Loan Store Inc
Conventional
$276,000
No
First
Nov 21, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$273,595
$145,938
34%
65%
$1,655/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,730/mo
$1,655/mo
+$1,075/mo
7.8%

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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700 Oakridge Dr | Property Details | No Agent List