See Home Value
$525,000
House - Off Market

516 Edgelake Drive

Dallas, TX 75218
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1975 Sqft
$540,456
RealtyHop Estimate
-1.74%
Since Aug 1, 2023
TX-Dallas
Primary Model

About This Property

*AS IS* LOCATION LOCATION LOCATION! Have you ever wanted to live by White Rock Lake with no homes in front of you?  Now is your chance.  This is a small street with a park at the end of it for your family to enjoy!  Acclaimed Hexter Elementary. This home has beautiful hardwood floors. Granite throughout. The back living space is a great space for family gatherings looking onto the backyard. All kitchen custom cabinets by Kraft Maid Cabinetry. KitchenAid frig, gas stove and dishwasher. Updated bathrooms. The light accents are all adjustable and beautiful. Bosch washer and dryer. 2 car garage is located under the living space. Long driveway for additional parking. Mature trees. This home is ready for new memories!  This property is AS-IS.  

11-27-22 - the walls in the pics in living room look white.  They are not.

11-27-22 - the cracks you see in walls were never fixed after foundation was repaired. NOT new cracks.

****PLEASE SEE NEW STRUCTURAL ENGINEER REPORT IN DOCS.
Unit Size
1,975Ft²
Days on Market
249 days
Land Size
0.24 acres
Price per sqft
$278
Property Type
House
Property Taxes
$1,228
HOA Dues
-
Year Built
1951
Last updated: 2 months ago (NTREIS #20205289)

Price History

Date / Event Date Event Price
Jul 20, 2023 Sold to Jason Louis Biggs, Lesa Daw... $512,552
Sold to Jason Louis Biggs, Lesa Daw...
Nov 13, 2022 Listed by Pioneer DFW Realty, LLC $550,000
Listed by Pioneer DFW Realty, LLC
Sep 24, 2001 Sold to Andrew F Jones $210,700
Sold to Andrew F Jones

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Frame
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 418
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,650
  • Lot Size Depth Feet: 1,420
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,393
  • Building Area: 1,975
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,975
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAKE HIGHLANDS ESTATES
  • Land Acres: 0.245
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAKE HIGHLANDS ESTATES BLK 2/5401 LT 14 VOL2001186/4019 DD09102001 CO-DC 5401 002 014 3005401 002

Ownership

  • Current Owner : FOUST LESA DAWN
  • Current Owner 2: BIGGS JASON LOUIS
  • Previous Owner : JONES ANDREW F
  • Owner Before Previous Owner: PRUDENTIAL RESIDENTIAL SVCS LTD PRTNRSHP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dallas Independent School District
  • School Tax School District: DALLAS ISD
  • Census Tract: 012900

Zoning

  • Zoning: Z298

Geography

  • Assessors Map Reference: 000003928060000
  • Account Number: 000003928060000
  • Parcel: 00-00039-280-600-0000
  • Block: 2/540
  • Lot: 14
  • Municipality: DALLAS
  • Latitude: 32.8494
  • Longitude: -96.7144

    Address

  • Full Address: 516 Edgelake Dr
  • Address - House Number: 516
  • Address - Street Name: Edgelake
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Dallas
  • Carrier Code: C032
  • 4-Digit Zip Code: 2111
  • Zip Code: 75218

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,569
  • Tax Rate Code Area: DS

    Appraisal Valuation

  • Standard Deviation: 0.2224
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 69
  • Final Value: 616,990
  • High Value: 754,241
  • Low Value: 479,738

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $507,478
  • First Open Lien Mortgage Lender: VIP INDEPENDENT MTG
  • First Open Lien Mortgage Recording Date: Jul 20, 2023
  • First Open Lien Mortgage Loan Amount: $507,478
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2053

    Market Valuation

  • Market Total Value: $543,940
  • Market Land Value: $479,250
  • Market Improvement Value: $64,690

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $543,940
  • Assessed Land Value: $479,250
  • Assessed Improvements Value: $64,690

    Sales

  • Current Sale Contract Date: Jul 19, 2023
  • Current Sale Recording Date: Jul 20, 2023
  • Current Sale Transaction ID: 11909881013
  • Current Sale Price: $512,552
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 144685
  • Previous Sale Recording Date: Sep 24, 2001
  • Previous Sale Contract Date: Sep 10, 2001
  • Previous Sale Amount: $210,700
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: VIP INDEPENDENT MTG
  • First Mortgage Transaction Date: Jul 20, 2023
  • First Mortgage Loan Amount: $507,478
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: DBA FIRST MERCANTILE MTG
  • Previous Mortgage Transaction Date: Sep 24, 2001
  • Previous Mortgage Loan Amount: $168,550
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2016



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
-
2,066 ft²
$286/ft²
$590,000 Oct 7, 2023
$590,000 Feb 7, 2024
-
House
3 Beds
1 Bath
1,680 ft²
$327/ft²
$550,000 Jan 5, 2024
$550,000 Jan 31, 2024
$827/mo
House
2 Beds
-
1,681 ft²
$362/ft²
$609,000 Dec 5, 2023
$609,000 Jan 18, 2024
$995/mo
House
2 Beds
-
1,591 ft²
$256/ft²
$408,000 Sep 12, 2023
$408,000 Dec 26, 2023
$795/mo
Land
Loft
-
-
$385,000 Jul 23, 2023
$385,000 May 2, 2024
$434/mo
House
3 Beds
-
1,886 ft²
$337/ft²
$635,000 Apr 15, 2024
-
$1,001/mo
House
3 Beds
-
1,462 ft²
$376/ft²
$550,000 Apr 25, 2024
-
-
House
3 Beds
-
1,998 ft²
$300/ft²
$599,000 Apr 1, 2024
-
$1,062/mo
House
4 Beds
1 Bath
2,133 ft²
$295/ft²
$629,000 May 1, 2024
-
$960/mo
House
2 Beds
-
1,664 ft²
$361/ft²
$599,900 Apr 6, 2024
-
$1,128/mo
House
Stu
-
1,860 ft²
$255/ft²
$475,000 May 26, 2023
-
$904/mo

About Northeast Dallas


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Frequently Asked Questions

When was property at 516 Edgelake Drive built and last sold?
The property at 516 Edgelake Drive was built in 1951 and last sold on Jul 19, 2023 for $512,552.
How much is this home worth?
The estimated value of the home located at 516 Edgelake Drive is $551,836.
What are some comparable homes to 516 Edgelake Drive?
There are currently no comparable homes to 516 Edgelake Drive.

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