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$191,000

NAL Estimated Property Value

704 Glen Rhea Dr, Lake Dallas, TX, 75065

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,000 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.18 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Convection Oven

Exterior

Lot Size10,559 sqft

Building Information

Year Built1945
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR63676
Lot Number11,12
SubdivisionW W Little
Land UseResidential
Legal DescriptionW W LITTLE BLK 3 LOT 11,12
Census Tract021411
Assessed Land Value$81,963
Assessed Improvement Value$46,992
Assessment Year2025

About this property

Beautifully recently updated home! Walking distance to the lake. This one offers a huge backyard and an outside patio.

Investor Tools

Property Icon
$191,000
Estimated Property Value
$18,378Estimated Mortgage Balance
$172,622Estimated Equity
90% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,146 /month
Positive
Cash Flow Estimate:
$382 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$286/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,482
$128,955
2025
$81,963
$46,992
$128,955
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,482
$128,955

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Washington Mutual Bank Fa
Credit Line (Revolving) / Heloc
$42,500
No
First
May 2, 2005
May 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$18,378
$172,622
90%
10%
$255/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,660/mo
$255/mo
+$1,405/mo
10.4%

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.

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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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704 Glen Rhea Dr | Property Details | No Agent List