$309,900
PENDING $40K PRICE DROP

500 Waters Edge Dr Unit 227 Lake Dallas, TX 75065

Estimated payment $2,848/month

Total Views 9,952
4 Beds
2.5 Baths
1,773 Sq Ft
$175 Price per Sq Ft

Highlights

  • Lake Front
  • In Ground Pool
  • Gated Community
  • Fitness Center
  • Fishing
  • 3.68 Acre Lot

About This Home

Luxury LAKEFRONT Living with Breathtaking Views -4 Beds -2.5 Baths-Gated Community on Lake Lewisville!!! This is a HIDDEN GEM!!
Live where luxury meets nature in this stunning ONE STORY waterfront home with panoramic views of the Lake *Up to Date and meticulously maintained open-concept layout has functionality and comfort * This second-floor unit offers the best lake views and has convenient and close elevator access, so no stairs are needed to get into your home *Enjoy serene mornings and majestic sunrises from your private 15x10 screened-in sunroom, overlooking lush trees, peaceful waters, and nearby walking trails. The secluded primary suite has all the serene views & a door to access patio-balcony the spa- like bath features a huge walk-in shower, soaking tub, expansive granite top vanities and massive walk-in closet * Richly appointed with rich hardwood floors, granite countertops everywhere, tall ceilings, and walls of windows showcasing endless private views.
* This carefree, lock-and-leave lifestyle includes 2 assigned garage parking spots with room for a storage shed, paddleboard & canoe storage, a resort-style pool, fitness center, and full service clubhouse with expansive Decks overlooking the lake —all within a private, gated community * Minutes to shopping, dining, major highways, and DFW Airport * Whether you're searching for a dream primary residence or a close weekend lake getaway, this hidden gem offers the perfect blend of tranquility, convenience, and upscale living * Direct Lake Access *Elevator *Walkable Amenities & Move-In Ready... ALL for this in this incredible price point! MUST see in Person to Believe it.

Listing Agent

Kim Gambino

Eastoria Real Estate, Inc Brokerage Phone: 972-740-3310 License #0444662 Listed on: 05/21/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,920

Year Built

  • Built in 2005

Lot Details

  • Lake Front

HOA Fees

  • $763 Monthly HOA Fees

Parking

  • 2 Carport Spaces
  • Subterranean Parking

Interior Spaces

  • 1,773 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Dry Bar
  • Vaulted Ceiling
  • Electric Fireplace
  • Window Treatments
  • Prewired Security

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Double Vanity

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Grill

Schools

  • Lake Dallas Elementary School
  • Lake Dallas High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 227 / 2
  • Assessor Parcel Number R295903

Community Details

Overview

  • Association fees include all facilities, management, insurance, ground maintenance, maintenance structure, pest control, trash
  • Essex Management Association
  • Waters Edge Condo Subdivision
  • Community Lake

Recreation

  • Fitness Center
  • Community Pool
  • Fishing

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,920

Year Built

Built in 2005

Lot Details

0

HOA Fees

$763 per month

Parking

2

Listing Details

  • OWNERNAME: Trust
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Levels: One
  • Security: Prewired
  • Year Built Details: Preowned
  • Water Body Name: Lewisville
  • Attribution Contact: 972-740-3310
  • Co List Office Mls Id: REEV01C
  • Special Features: VirtualTour
  • Stories: 3
  • Year Built: 2005

Interior Features

  • Square Footage: 1773.0
  • Windows: Window Coverings
  • Fireplace Features: Electric
  • Interior Amenities: Dry Bar, Double Vanity, Eat-in Kitchen, Granite Counters, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Wood
  • Appliances: Dishwasher, Gas Cooktop, Disposal, Gas Water Heater, Microwave
  • Basement YN: No
  • Fireplaces: 1

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Community Features: Clubhouse, Elevator, Fitness Center, Fishing, Gated, Pool, Trails/Paths, Lake
  • Exterior Features: Balcony, Barbecue, Outdoor Grill
  • Pool Features: Gunite, In Ground, Pool, Community
  • Waterfront: Yes
  • Patio And Porch Features: Deck, Balcony, Covered

Garage/Parking

  • Cooling System: Central Air
  • Garage Spaces: 2.0
  • Carport Spaces: 2.0
  • Total Covered Spaces: 2.0
  • Parking Features: Covered, Underground
  • Attached Garage YN: No
  • GarageYN: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Utilities: Sewer Available, Water Available
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Fee Includes: All Facilities, Association Management, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Trash
  • Association Fee: 763.0
  • Association Fee Frequency: Monthly
  • Association Name: Essex Management

Schools

  • Elementary School: Lake Dallas
  • High School: Lake Dallas
  • Junior High Dist: Lake Dallas ISD

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size Units: Acres
  • Lot Size Area: 3.68
  • Parcel Number: R295903
  • Lot Size Acres: 3.68
  • Lot Size Sq Ft: 160300.8

Building Info

  • Year Built: 2005
  • StoriesTotal: 3

Tax Info

  • TaxBlock: 2
  • Tax Lot: 227
  • Tax Annual Amount: 4920.0

Multi Family

  • WaterfrontFeatures: Lake Front

MLS Schools

  • MiddleOrJuniorSchool: Lake Dallas

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,625 $312,331 $56,606 $255,725
2024 $4,920 $340,958 $56,606 $284,352
2023 $1,630 $350,900 $56,606 $323,344
2022 $5,297 $319,000 $56,606 $266,364
2021 $4,762 $268,228 $50,946 $217,282
2020 $4,843 $270,000 $56,606 $213,394
2019 $5,061 $267,000 $56,606 $210,394
2018 $4,865 $255,000 $56,606 $198,394
2017 $4,796 $250,000 $56,606 $193,394
2016 $4,297 $224,000 $56,606 $167,394
2015 -- $219,000 $56,606 $162,394
2013 -- $230,000 $56,606 $173,394
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2025 07/19/25 Pending -- -- --
07/16/2025 07/16/25 Price Changed $309,900 -3.0% $175 / Sq Ft
07/10/2025 07/10/25 Price Changed $319,500 -0.2% $180 / Sq Ft
06/21/2025 06/21/25 Price Changed $319,990 -1.5% $180 / Sq Ft
06/04/2025 06/04/25 Price Changed $325,000 -7.0% $183 / Sq Ft
05/21/2025 05/21/25 For Sale $349,500 -- $197 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Alamo Title Company
Interfamily Deed Transfer -- None Available
Vendors Lien -- Sendera Title
Warranty Deed -- Sendera Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $165,000 Purchase Money Mortgage
Previous Owner $0 Unknown
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20943372

North Texas Real Estate Information Systems (NTREIS)

APN: R295903