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$395,000

NAL Estimated Property Value

716 Lake Drive, Lake Dallas, TX, 75065

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,104 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$142.54 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Plumbed For Ice Maker, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Lot Size9,161 sqft

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces3

Land Information

APNR65955
Lot Number1,4
SubdivisionLake Dallas Shores Addn
Land UseResidential
Legal DescriptionLAKE DALLAS SHORES ADDN BLK 9 LOT 1-4
Census Tract021411
Assessed Land Value$125,950
Assessed Improvement Value$249,371
Assessment Year2025

About this property

Incredible home on unique marina view-lake view lot. So many updates: Quartz counter tops throughtout home, ac system and water heater replaced in 2014, windows 2017, roof 2017, pebble tech pool refinish 2017 with conversion to salt water pool 2014, recent paint, ceramic floors, separate temp control in master bedroom with super master bedroom closet. SS appliances in kitchen, Seller will leave SS fridge. Incredible backyard with pool and covered seating area. Extraordinary view from sunroom and master bedroom to backyard and lake areas. Two fireplaces, sprinkler system front and back on quiet street.

Investor Tools

Property Icon
$395,000
Estimated Property Value
$338,535Estimated Mortgage Balance
$56,465Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,370 /month
Positive
Cash Flow Estimate:
$790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$648/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,798
$375,321
2025
$125,950
$249,371
$375,321
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,798
$375,321

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
David Cordell Graves
Building Or Construction Loan
$50,000
No
First
Jul 14, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$338,535
$56,465
14%
86%
$2,069/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
$2,069/mo
+$21/mo
6.3%

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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716 Lake Drive | Property Details | No Agent List