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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Lake Dallas at 500 Waters Edge Dr APT 212, Lake Dallas, TX, 75065 listed at $329,900 pairs $2,352/mo rent with a $1,615/mo payment. Total monthly income runs $2,352/mo. Return on cash invested measures 13.68% in year one, and rental yield registers 8.56% at a $329,900 basis. Equity gained on principal adds $2,129/yr, and annual property appreciation at 5% supports $91,145 by year five. Five-year ROI tracks 72.96% and total cumulative return in cash totals $79,791. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,352/mo property income relative to a $1,615/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2005
3.68 Acres lot
$N/A/sqft
$573 monthly HOA
Neighborhood data shown for ZIP Code: 75065, Lake Dallas, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,479 (100%) |
| Owner Occupied HU | 3,998 (73.0%) |
| Renter Occupied HU | 1,277 (23.3%) |
| Vacant Housing Units | 204 ( 3.7%) |
| Median Home Value | $440,366 |
| Average Home Value | $480,394 |
Residential
5,473
Single Family
4,671
Multi-Family
802
Businesses
478
Date | Event | Price |
|---|---|---|
| 2025-01-16 | Price change | $329,900 |
| 2024-09-30 | Listed for sale | $335,000 |
| 2024-09-18 | Listing removed | $335,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $4213.76 | 24.93% | $292,000 | -8.93% |
| 2023-02-12 | $3372.78 | -20.68% | $320,650 | 10.00% |
| 2022-02-12 | $4252.15 | 1.08% | $291,500 | 4.81% |
Listed by: Matt Dill • RE/MAX DFW Associates
Mls Name: NTREIS
Mls ID: #20727165
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
