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$411,508

NAL Estimated Property Value

735 River Oak Way, Lake Dallas, TX, 75065

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,936 Sq Ft
price_per_sqft$227.22 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Tankless Water Heater
FlooringCarpet, Marble

Exterior

Lot Size12,197 sqft

Building Information

Year Built2021
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR769935
Lot Number8
SubdivisionRiver Oak Way Addition
Land UseResidential
Legal DescriptionRIVER OAK WAY ADDITION BLK A LOT 8
Census Tract021413
Assessed Land Value$106,033
Assessed Improvement Value$305,475
Assessment Year2025

About this property

New Construction - Absolutely Beautiful Modern Farmhouse home near Lake Dallas with a permanent greenbelt behind the neighborhood providing peace and privacy. You'll love this quality new construction in a fresh modern farmhouse aesthetic with white Quartz counters, marble tile, shiplap accents, knotty alder kitchen island, beams and front door. Home features 4 bedrooms and 2.5 baths with an open floor plan and split bedrooms. Kitchen is open to living and dining and overlooks covered patio in back and private treed greenbelt and creek beyond. Spacious primary suite overlooks the greenbelt and features a pristine bath with separate vanities, marble floor, free standing tub, separate shower and wall of amazing storage, plus oversized closet. Benefit from the beauty and cost effectiveness of new construction with new high efficiency windows, HVAC, tankless water heater, and spray foam insulation. Kitchen has gas range and fireplace has gas starter. Completion mid to late July 2022.

Investor Tools

Property Icon
$411,508
Estimated Property Value
$360,548Estimated Mortgage Balance
$50,960Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,639 /month
Positive
Cash Flow Estimate:
$880 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$861/month
$240/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,271
$411,508
2025
$106,033
$305,475
$411,508
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,271
$411,508

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$386,920
No
First
Sep 9, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$360,548
$50,960
12%
88%
$2,320/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,730/mo
$2,560/mo
+$170/mo
8.0%

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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735 River Oak Way | Property Details | No Agent List