Last 24 Hours
$300,000
NAL Estimated Property Value714 Thompson Dr, Lake Dallas, TX, 75065
Off Market
3 Beds
2 Bath
1,575 Sq Ft
$158.73 / sqft
Built in 1967Property Lead Type:
Off-Market ListAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms 3
Bathrooms Full 1
Heating GasAppliancesElectric Range, Refrigerator
FlooringCarpet, Hardwood
Exterior
Lot Size13,186 sqft
Building Information
Year Built1967
Stories1
Roof Type105
Garage Spaces1
Land Information
APNR62077
SubdivisionMep & Prr
Land UseResidential
Legal DescriptionA0924A MEP & PRR, TR 55, .3027 ACRES, OLD DCAD TR #9
Census Tract021411
Assessed Land Value$84,720
Assessed Improvement Value$171,710
Assessment Year2025
About this property
This is an adorable cottage like home in Lake Dallas! This home is on an oversized lot with beautiful landscaping and within walking distance to the lake. It features 3 nice size bedrooms and 2 full bathrooms. Updates include 5 yr old roof, siding, french drain, installation, and a lifetime transferable warranty on the foundation. Home comes with 3 window units, refrigerator, and stove. Home is being sold as is. More pictures coming soon!!!
Investor Tools
$300,000
Estimated Property Value
$0Estimated Mortgage Balance
$300,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$569/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,325
$256,430
2025
$84,720
$171,710
$256,430
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,325
$256,430
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$300,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,660/mo
N/A
+$1,660/mo
6.6%
12.4%