NOT LISTED FOR SALE

500 Waters Edge Dr Unit 235 Lake Dallas, TX 75065

Estimated Value: $307,000 - $326,000

3 Beds
2 Baths
1,450 Sq Ft
$401/mo HOA Fee

Last Sold February 15, 2022

Current estimated payment $2,395/month

10 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Waterfront
  • Heated In Ground Pool
  • Lake View
  • 3.68 Acre Lot

About This Home

As of February 2022

Exquisite lakefront condo with lake views from the balcony. Excellent lake access perfect for kayaking, fishing,
or relaxing with a glass of wine on the patio with neighbors. Home has been lightly used with little sign of wear as it has always been a second home. Located on the third floor, conveniently accessed by an elevator, this single level property is easy to care for. Great open floorplan with lots of windows & warm tones. Split bedrooms for privacy. Great balcony with remote controlled screen. Community pool, spa, grill & great outdoor areas. Gym, 2 assigned parking spaces, clubhouse avail for parties. Comes fully furnished, w appliances & kayak. Best deal on the lake... this one will not last long!

Last Agent to Sell the Property

Renee Graver

Homes On The Lake Realty LLC License #0541962 Listed on: 01/11/2022

Last Buyer's Agent

Austin Wyble

Compass RE Texas, LLC License #0690063

Compass RE Texas, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,391

Year Built

  • Built in 2005

Lot Details

  • Waterfront
  • Aluminum or Metal Fence
  • Many Trees

HOA Fees

  • $401 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Assigned Parking

Home Design

  • Lake House
  • Combination Foundation
  • Composition Roof

Interior Spaces

  • 1,450 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Bay Window
  • Lake Views
  • Home Security System

Kitchen

  • Gas Range
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessible Elevator Installed
  • Accessibility Features
  • Accessible Doors

Pool

  • Heated In Ground Pool
  • Spa
  • Gunite Pool
  • Fence Around Pool
  • Pool Water Feature
  • Pool Sweep

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Legal Lot and Block 235 / 2
  • Assessor Parcel Number R295910
  • $4,419 per year unexempt tax

Community Details

Overview

  • Association fees include full use of facilities, insurance, ground maintenance, maintenance structure, management fees
  • Secure Association Management HOA, Phone Number (940) 497-7328
  • Waters Edge Condo Subdivision
  • Mandatory home owners association
  • Electric Vehicle Charging Station
  • Greenbelt

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,391

Year Built

Built in 2005

Lot Details

0

HOA Fees

$401 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structural Style: Condo/Townhome, Lake House, Resort Property, Vacation Home
  • Unit Levels: One
  • Accessibility Features: Accessible Doors, Accessible Elevator Installed
  • Security: Security System
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: Yes
  • Ratio Current Price By Building: 242.06897
  • Special Features: None
  • Year Built: 2005

Interior Features

  • Square Footage: 1450.00
  • Windows: Bay Window(s), Window Coverings
  • Interior Amenities: Cable TV Available, High Speed Internet Available
  • Flooring: Ceramic Tile, Wood
  • Appliances: Dishwasher, Disposal, Gas Range, Plumbed for Ice Maker
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Pool: Yes
  • Foundation: Combination
  • Community Features: Club House, Community Pool, Electric Car Charging Station, Fitness Center, Gated, Greenbelt, Spa
  • Fencing: Metal
  • Roof: Composition
  • Construction Materials: Fiber Cement
  • Exterior Features: Balcony
  • Pool Features: Fenced, Gunite, Heated, In Ground, Separate Spa/Hot Tub, Pool Sweep, Water Feature
  • Waterfront: Yes

Garage/Parking

  • Cooling System: Central Air, Electric
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: Assigned, Garage
  • GarageYN: Yes

Utilities

  • Heating: Central, Natural Gas
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • HOA Fee Includes: Full Use of Facilities, Insurance, Maintenance Grounds, Maintenance Structure, Management Fees
  • Association Fee: 401
  • Association Fee Frequency: Monthly
  • Association Type: Mandatory
  • Hoa Management Company: Secure Association Management
  • HOA Management Company: 940-497-7328

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
  • Primary School: Lake Dallas
  • Intermediate School: Lake Dallas
  • High School: Lake Dallas

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 3 to < 5 Acres
  • Lot Features: Acreage, Many Trees, Water/Lake View
  • Lot Size Units: Acres
  • Lot Size Area: 3.6800
  • Parcel Number: R295910
  • 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

Tax Info

  • Unexempt Taxes: 4419
  • TaxBlock: 2
  • Tax Lot: 235

Multi Family

  • WaterfrontFeatures: Lake Front - Common Area, Lake Front – Corps of Engineers

MLS Schools

  • MiddleOrJuniorSchool: Lake Dallas
  • 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
Jan 11, 2022
Closed on
Feb 15, 2022
Sold by
Gussman Norman R and Gussman Liliana
Bought by
Seifert Susan and Seifert Craig
Seller's Agent
Renee Graver
Homes On The Lake Realty LLC
Buyer's Agent
Austin Wyble
Compass RE Texas, LLC
List Price
$340,000
Current Estimated Value
$314,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.48%
Original Mortgage
$260,000
Outstanding Balance
$242,347
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$80,320

Purchase Details

Closed on
Jul 13, 2012
Sold by
Oberle James P
Bought by
Gussman Norman R and Gussman Liliana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 2010
Sold by
Mmm Holdings Lp
Bought by
Oberle James P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,600
Interest Rate
4.24%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Seifert Susan -- Alamo Title Company
Gussman Norman R -- Sendera Title
Oberle James P -- Sendera Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seifert Susan $260,000
Previous Owner Gussman Norman R $80,000
Previous Owner Oberle James P $149,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2022 02/15/22 Sold -- -- --
01/11/2022 01/11/22 For Sale $340,000 -- $234 / 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
2025 $3,391 $256,416 $46,446 $209,970
2024 $3,391 $235,000 $46,446 $188,554
2023 $4,507 $311,492 $46,446 $265,046
2022 $4,589 $276,366 $46,446 $229,920
2021 $4,526 $254,963 $46,446 $208,517
2020 $4,445 $247,852 $46,446 $201,406
2019 $4,555 $240,277 $46,446 $193,831
2018 $4,260 $223,300 $46,446 $179,346
2017 $3,894 $203,000 $46,446 $156,554
2016 $3,878 $202,168 $46,446 $155,722
2015 -- $195,000 $46,446 $148,554
2013 -- $193,000 $46,446 $146,554
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14738249

North Texas Real Estate Information Systems (NTREIS)

APN: R295910