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$3,820,510

NAL Estimated Property Value

718 Kessler Lake Dr, Dallas, TX, 75208

Off MarketInfo
Beds4 Beds
Baths8 Bath
Baths6,416 Sq Ft
price_per_sqft$623.44 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh EquityCash BuyersVacant Homes

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 6Bathrooms Full 6
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Ice Maker, Double Oven, Wine Cooler
FlooringBrick, Carpet, Ceramic Tile, Linoleum, Marble, Stone

Exterior

Private PoolPrivate Pool
Exterior FeaturesCourtyard, Lighting
Lot Size1.97 acres

Building Information

Year Built1961
Stories1
Roof Type104
Garage Spaces2

Land Information

APN00000459022000000
Lot Number9
SubdivisionKessler Lake
Land UseResidential
Legal DescriptionKESSLER LAKE ESTATES BLK 2/5923 LT 9 & PT 10 ACS 1.9694 INT202400213599 DD10212024 CO-DC 5923 002 00900 2005923 002
Census Tract004201
Assessed Land Value$2,402,040
Assessed Improvement Value$1,418,470
Assessment Year2025

About this property

Imagine a home where Mother Nature herself played architect, planting it firmly on solid rock within a nature sanctuary, established 115 years ago. This Prinz and Brooks Mid-Century Modern dream, in Frank Lloyd Wright style, floats above a spring-fed lake, offering serene luxury, moments to downtown. A masterpiece that winks at you with elegance, innovation. Inside, rich walnut paneling and travertine floors wrap you in a warm embrace. Sunlight floods panoramic windows, blurring the line between indoor charm and outdoor splendor. The chef's kitchen is a culinary playground, featuring top-tier appliances, begging for your next gourmet creation. The primary suite is a romantic hideaway, complete with a balcony view that makes every morning feel magical. Outside, manicured gardens and sparkling pool nestle into the rolling hills. Two guest quarters reno ready. With only 2 owners in 68 years, the Hayes-Bernstein residence is a once-in-a-generation opportunity to be a guardian of history

Investor Tools

Property Icon
$3,820,510
Estimated Property Value
$0Estimated Mortgage Balance
$3,820,510Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$24,000 /month
Positive
Cash Flow Estimate:
$8,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$6,298/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$56,474
$3,820,510
2025
$2,402,040
$1,418,470
$3,820,510
No

Tax History

Year
Tax Paid
Assessed Value
2024
$56,474
$3,820,510

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$3,820,510
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
N/A
+$2,572/mo
0.8%

Learn About the Market: Opportunity in Dallas

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Dallas

The largest metro area in Texas, Dallas–Fort Worth blends corporate muscle with suburban sprawl and long-run growth. Anchored by Fortune 500 headquarters, two major airports, and sprawling master-planned communities, the region stretches from Uptown Dallas high-rises to Fort Worth’s historic Stockyards.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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718 Kessler Lake Dr | Property Details | No Agent List