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$280,000

321 Texas Dr, Lake Dallas, TX, 75065

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,320 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$212.12 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher

Exterior

Lot Size5,001 sqft

Building Information

Year Built2001
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR66437
Lot Number11
SubdivisionGarza Beach Estates
Land UseResidential
Legal DescriptionGARZA BEACH ESTATES BLK N LOT 11
Census Tract021411
Assessed Land Value$55,000
Assessed Improvement Value$192,847
Assessment Year2025

About this property

UNDER $300,000 with NO HOA! Welcome to 321 Texas Drive in Lake Dallas, a well-maintained three-bedroom, two-bath home offering 1,320 square feet, a two-car garage, and a fenced backyard. Neutral colors throughout create a bright, welcoming feel and provide an easy canvas to make the home your own. Thoughtfully maintained and comfortably sized, this property offers a great opportunity for a variety of buyers. First-time homeowners can enjoy an approachable price point without sacrificing a garage or backyard, while those looking to downsize will appreciate the manageable layout and easy-to-maintain property. For investors, the combination of three bedrooms, two full baths, no HOA, and a convenient location makes this one worth a closer look. Just minutes from Lake Dallas Middle School and incredibly close to Lake Lewisville, you’ll have easy access to schools, outdoor recreation, boating, and more. Quick access to I-35 also makes commuting to Denton, Lewisville, and surrounding areas incredibly convenient. With a price point under $300K, no HOA, a fenced backyard, and a location close to both Lake Lewisville and major roadways, 321 Texas Drive offers affordability and versatility in a location that’s hard to beat!

Investor Tools

$154,761Estimated Mortgage Balance
$125,239Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month

Interested in this property?

Jordan Burks

Post Oak Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$383/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,192
$247,847
2025
$55,000
$192,847
$247,847
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,192
$247,847

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Red Diamond Home Loans Llc
Conventional
$185,270
No
First
Aug 20, 2018
Sep 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$154,761
$125,239
44%
55%
$1,111/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
$1,111/mo
+$979/mo
9.0%

City: Lake Dallas

321 Texas Dr | Property Details | No Agent List