$299,000
SOLD NOV 22, 2024
Last list price

500 Waters Edge Dr Unit 228 Lake Dallas, TX 75065

2 Beds
2 Baths
1,249 Sq Ft
$451/mo HOA Fee

Recently Sold

$239 Per Sq Ft

7 Days on Market

Highlights

  • Pool and Spa
  • Built-In Refrigerator
  • Community Lake
  • Gated Community
  • 3.68 Acre Lot
  • Clubhouse

About This Home

As of November 2024

Luxury Waterdfront Condo! Move-in Ready Fully Furnished Breathtaking panoramic lake views, majestic sunrise and sunsets in a natural setting Lewisville Lake corp of Engineers property surrounds the complex. Enjoy ease of Lock and Leave concept. Close to the City for easy commute to DFW Airport, Office, Dining out and Shopping. Open Floor plan Living, Dining, Kitchen area leads to Screened in Porch. New AC installed July 2024 and Hot Water Heater September 2021. Primary Bedroom has Lake View Oversized Bath with Large Walk in Shower and Soaking Tub. Granite Countertops in Kitchen, Island for Barstools, Walk-in Pantry. Two Full Baths, Full size Washer Dryer Connections. Community Clubhouse prefect for meeting Friends and Entertaining large gathering place with outdoor sesating. Community pool with Cabanas and hot tub. Elevator with 2 garage Assigned parking spaces 106 and 113. Don't Miss this Opportunity!

Last Agent to Sell the Property

Michele Peterson

C21 Fine Homes Judge Fite Brokerage Phone: (214) 765-0600 License #0704719 Listed on: 08/21/2024

Last Buyer's Agent

Saman Ilangasinghe

Texas Properties License #0546812

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,473

Year Built

  • Built in 2005

Lot Details

  • Wrought Iron Fence
  • Landscaped
  • Partially Wooded Lot

HOA Fees

  • $451 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces
  • Electric Gate
  • Additional Parking
  • Assigned Parking
  • Community Parking Structure

Home Design

  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,249 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Decorative Lighting
  • Electric Fireplace
  • Family Room with Fireplace
  • Tile Flooring
  • Security Gate
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Built-In Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Double Vanity

Accessible Home Design

  • Accessibility Features
  • Accessible Entrance

Pool

  • Pool and Spa
  • In Ground Pool
  • Fence Around Pool
  • Gunite Pool

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

  • Lake Dallas Elementary And Middle School
  • Lake Dallas High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 228 / 2
  • Assessor Parcel Number R295904
  • $3,787 per year unexempt tax

Community Details

Overview

  • Association fees include full use of facilities, ground maintenance, maintenance structure, management fees
  • Worth Ross Management HOA, Phone Number (855) 435-4596
  • Waters Edge Condo Subdivision
  • Mandatory home owners association
  • Community Lake
  • Greenbelt

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Community Pool

Security

  • Fenced around community
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,473

Year Built

Built in 2005

Lot Details

0

HOA Fees

$451 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Traditional
  • Structural Style: Condo/Townhome
  • Unit Levels: One
  • Accessibility Features: Accessible Entrance
  • Building Number: 2
  • Floor Location Number: 2
  • Security: Fire Alarm, Fire Sprinkler System, Security Gate, Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Notice Surveillance Devices Pres: None
  • Will Subdivide: No
  • Accessibility Features Yn: Yes
  • Lake Pump Y N: No
  • Attribution Contact: (214) 765-0600
  • Special Features: None
  • Stories: 3
  • Year Built: 2005

Interior Features

  • Square Footage: 1249.00
  • Fireplace Features: Electric, Family Room
  • Interior Amenities: Decorative Lighting, Double Vanity, Eat-in Kitchen, Granite Counters
  • Flooring: See Remarks, Tile
  • Appliances: Built-in Refrigerator, Dishwasher, Disposal, Electric Oven, Gas Water Heater
  • Basement YN: No
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 3

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Pool: Yes
  • Foundation: Pillar/Post/Pier
  • Community Features: Club House, Common Elevator, Community Pool, Gated, Greenbelt, Lake, Perimeter Fencing, Pool, Sidewalks
  • Fencing: Wrought Iron
  • Roof: Shingle
  • Construction Materials: Stucco
  • Pool Features: Fenced, Gunite, In Ground, Outdoor Pool, Pool/Spa Combo
  • Patio And Porch Features: Covered, Deck

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air
  • Garage Spaces: 2
  • Carport Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: Additional Parking, Assigned, Community Structure, Electric Gate
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric
  • LaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • Utilities: Cable Available, City Sewer, City Water, Concrete

Condo/Co-op/Association

  • HOA Fee Includes: Full Use of Facilities, Maintenance Grounds, Maintenance Structure, Management Fees
  • Complex Name: Watersedge Condo
  • Association Fee: 451
  • Association Fee Frequency: Monthly
  • Association Type: Mandatory
  • Hoa Management Company: Worth Ross Management
  • HOA Management Company: (855) 435-4596

Schools

  • School District: Lake Dallas ISD
  • Elementary School: Lake Dallas
  • Middle School: Lake Dallas
  • High School: Lake Dallas
  • School District: Lake Dallas ISD
  • Elementary School: Lake Dallas

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Condo/Townhome Lot
  • Lot Features: Greenbelt, Landscaped
  • Lot Size Units: Acres
  • Lot Size Area: 3.6800
  • Parcel Number: R295904
  • Lot Size Acres: 3.6800
  • Lot Size Sq Ft: 160300.8000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2005
  • StoriesTotal: 3
  • SeniorCommunityYN: No

Tax Info

  • Unexempt Taxes: 3787
  • TaxBlock: 2
  • Tax Lot: 228

Multi Family

  • WaterfrontFeatures: Lake Front – Corps of Engineers, Lake Front – Main Body

MLS Schools

  • Middle School Name: Lake Dallas
  • Elementary School Name: Lake Dallas
  • High School Name: Lake Dallas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2024
Closed on
Nov 22, 2024
Sold by
Billingsley Ronald W and Billingsley Debra L
Bought by
Shri Raju Investments Llc
Seller's Agent
Michele Peterson
C21 Fine Homes Judge Fite
Buyer's Agent
Saman Ilangasinghe
Texas Properties
List Price
$299,000
Sold Price
$299,000
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.65%
Original Mortgage
$171,000
Outstanding Balance
$170,049
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$170,284

Purchase Details

Closed on
Oct 7, 2013
Sold by
Teeples Donald W and Teeples Deborah Lynn
Bought by
Billingsley Ronald W and Billingsley Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2010
Sold by
Mmm Holdings Lp
Bought by
Teeples Donald W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,500
Interest Rate
4.93%
Mortgage Type
Stand Alone Second
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Deed -- None Listed On Document
Vendors Lien -- Lawyers Title
Vendors Lien -- Sendera Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $171,000 New Conventional
Closed $171,000 New Conventional
Previous Owner $75,000 New Conventional
Previous Owner $25,500 Stand Alone Second
Previous Owner $136,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 For Rent $2,500 0.0% --
11/22/2024 11/22/24 Sold -- -- --
08/29/2024 08/29/24 Pending -- -- --
08/21/2024 08/21/24 For Sale $299,000 +23820.0% $239 / Sq Ft
06/07/2012 06/07/12 Sold -- -- --
05/08/2012 05/08/12 Pending -- -- --
04/26/2012 04/26/12 For Sale $1,250 -- $1 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

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
2024 $3,473 $240,638 $39,915 $200,723
2023 $772 $261,703 $39,915 $228,248
2022 $3,950 $237,912 $39,915 $197,997
2021 $3,897 $219,515 $39,915 $179,600
2020 $3,827 $213,361 $39,915 $173,446
2019 $3,921 $206,867 $39,915 $166,952
2018 $3,709 $194,391 $39,915 $154,476
2017 $3,673 $191,447 $39,915 $159,482
2016 $3,339 $174,043 $39,915 $134,128
2015 -- $163,000 $39,915 $123,085
2013 -- $188,210 $39,915 $148,295
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20708070

North Texas Real Estate Information Systems (NTREIS)

APN: R295904