214 Pembrook St · Lake Dallas, TX 75065

$318,000

3 bd · 2.0 ba · 1,801 sqft · SingleFamily · 216 Days on market

Built 2025 9,496 sqft lot $177/sqft · at area comps Est $330k · at est.

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Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +11.7/30.0
• ARV discount +9.2/15.0
• Livability +3.6/5.0
• DSCR +3.4/10.0
• Schools +3.4/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

PRICE REDUCTION! Own stunning new construction at a reduced price! This home is nestled in a well-established, tree-lined neighborhood! This beautifully crafted home offers 3 spacious bedrooms, 2 full baths, and 1,801 square feet of comfortable living space, all enhanced by impressive 9-foot ceilings throughout for a bright, airy feel. Enjoy a classic layout where the kitchen and dining area are thoughtfully separated from the living room, creating distinct spaces for cooking, dining, and relaxing. The eat-in kitchen is perfect for casual meals and gatherings, while the separate laundry room adds everyday convenience. Each bedroom is generously sized, providing plenty of space for rest, work, or play. Step outside to your nearly quarter-acre lot, where the oversized driveway provides ample parking for guests, boats, or extra vehicles—perfect for entertaining or accommodating your lifestyle. The 1-car garage adds even more storage and utility. Located just minutes from scenic Lewisville Lake, you’ll enjoy easy access to outdoor adventures and community favorites like Lake Dallas City Park and Lake Dallas Public Library. With quick access to I-35E, commuting to Denton or Dallas is effortless. Don’t miss your chance to own a brand-new home with modern features and classic charm in a welcoming community. Schedule your tour of 214 Pembrook St today and experience the best of Lake Dallas living! All information herein is considered reliable but should be verified by buyer and buyer agent. Seller will also consider leasing the property.

Key facts

• New build
• Quarter acre lot
• Eat in kitchen

Tags

• NEW BUILD
• TREE LINED NEIGHBORHOOD
• EAT IN KITCHEN
• SEPARATE LAUNDRY ROOM
• QUARTER ACRE LOT
• OVERSIZED DRIVEWAY

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $318k.

Deal economics

• At list price, monthly cash flow is $-94 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $301k (5.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $232k (27.1% below list).
• Recommended offer: $232k (27.1% below list) — sets the bar for 1% rule.
• Cap rate 5.9% vs local median 3.8% in Lake Dallas — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 72/100 on livability (#264 in TX) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, health & safety D-.
• Lake Dallas ISD (suburban): math 34% / reading 39% proficiency, ranked #413 of 826 in TX (top 50%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 130 active listings in the ZIP; 27 comparable units currently listed for rent nearby; rentals at typical pace (median 19d on market — plan ~3-4 weeks tenant-placement turnaround); 10,531 units permitted in Denton County in 2024 (2,713 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k of value loss. Plan a longer hold.
• Denton County population projected at +66% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 216 days — a 12% lower offer ($280k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 10y ago; this cycle's ask has dropped $142k (31%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $231,951 (27.1% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 216 days. Have you received any prior offers? Is the seller open to a 27% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.73% ✗
• Cap rate: 5.94%
• Cash-on-cash: -1.27%
• DSCR: 0.94
• GRM: 11.4

CMA / ARV

• ARV (median comp): $330,165
• List price: $318,000
• Delta: -3.68%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
528 Addison St	0.09mi	3/2.0	1,800 (-0%)	1mo	$375,000	$208	95
757 Winding Oak Bnd	0.46mi	3/2.0	1,764 (-2%)	1mo	$415,000	$235	74
631 Grayson Ln	0.48mi	3/2.0	1,824 (+1%)	6mo	$360,000	$197	70
507 Jefferson Ln	0.60mi	3/2.0	1,852 (+3%)	1mo	$335,000	$181	67
313 Owen Oaks Dr	0.34mi	3/2.0	1,929 (+7%)	9mo	$390,000	$202	64
511 Oak Crest St	0.23mi	3/2.0	1,550 (-14%)	6mo	$355,000	$229	61
763 Winding Oak Bnd	0.46mi	3/2.0	1,972 (+10%)	3mo	$350,000	$177	60
510 Jefferson Ln	0.63mi	3/2.0	1,949 (+8%)	1mo	$365,000	$187	56
311 Georgian Oak Ct	0.25mi	4/2.5 (+1)	2,037 (+13%)	5mo	$315,000	$155	55
5407 Duchess Ct	0.58mi	3/2.0	1,626 (-10%)	4mo	$325,000	$200	54
767 Hawthorne Ln	0.53mi	4/3.0 (+1)	2,057 (+14%)	2mo	$399,000	$194	40
734 River Oak Way	0.65mi	4/2.0 (+1)	2,069 (+15%)	0mo	$399,900	$193	40

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -18.5%
• Equity multiple: 0.35×
• Total profit: $-57,675
• Equity at exit: $47,415

10-year hold

• IRR: -10.9%
• Equity multiple: 0.34×
• Total profit: $-58,500
• Equity at exit: $27,495

Cash invested: $89,040 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Texas: 87 Strongly Landlord-Friendly · R+5
• County: — inherits STATE
• City: — inherits STATE

3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

Methodology + full state rankings →

ZIP-level market 75065

• Home prices YoY: -6.8%
• Active inventory: 130
• Price-to-rent: 11.4×

Monthly cashflow live

• Estimated rent: $2,320 high
• Mortgage (P&I): −$1,668
• Tax from tax record: −$127 /mo · $1,520/yr
• Insurance: −$132
• HOA: −$0
• Vacancy / Maint / Mgmt: −$487
• Net cashflow: $-94

Break-even live

Break-even rent $2,439

Max offer price $301,320

Occupancy floor 99%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $79,500
• Closing costs: $9,540
• Reserves months: —
• Total cash needed: —

Rent comps 27 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
303 Ravenna Rd Lake Dallas, TX	3.0	2.0	1999	$2,500	$1.25	19d	1	0.24mi
300 E Swisher Rd Lake Dallas, TX	1.0–3.0	1.0–2.0	1037	$2,085	$2.01	2d	8	0.40mi
333 Stately Oak Ln Lake Dallas, TX	4.0	2.5	2317	$2,850	$1.23	4d	1	0.51mi
326 Ashley Oak Ln Lake Dallas, TX	3.0	2.0	1621	$2,250	$1.39	24d	1	0.51mi
493 Jefferson Ln Lake Dallas, TX	3.0	2.0	1886	$2,250	$1.19	13d	1	0.54mi
5408 Princess Ct Lake Dallas, TX	3.0	2.0	1574	$2,500	$1.59	8d	1	0.55mi
216 Luna Ln Lake Dallas, TX	3.0	2.0	1830	$2,500	$1.37	24d	1	0.57mi
5424 Prince Dr Lake Dallas, TX	3.0	2.0	1254	$1,800	$1.44	44d	1	0.62mi
505 Maverick Dr Lake Dallas, TX	3.0	2.0	1852	$2,250	$1.21	44d	1	0.63mi
513 Jefferson Ln Lake Dallas, TX	3.0	2.0	1824	$2,295	$1.26	24d	1	0.64mi
3150 Garrison Rd Corinth, TX	1.0–3.0	1.0–2.0	1024	$1,995	$1.95	2d	18	0.68mi
3300 S Garrison Rd Corinth, TX	1.0–3.0	1.0–2.0	1006	$2,265	$2.25	2d	34	0.77mi
1021 Point Vista Rd Hickory Creek, TX	2.0	2.0	1410	$2,277	$1.61	4d	1	0.78mi
3156 S Garrison Rd Unit 2016 Corinth, TX	2.0	2.0	1390	$1,515	$1.09	24d	1	0.83mi
3512 Riverview Dr Corinth, TX	3.0	2.0	1560	$2,245	$1.44	8d	1	0.93mi
3512 Riverview Dr Corinth, TX	3.0	2.0	1560	$2,245	$1.44	24d	1	0.93mi
1017 Almond St Hickory Creek, TX	4.0	2.0	2103	$2,750	$1.31	17d	1	1.02mi
517 Highpark Ct Lake Dallas, TX	3.0	2.5	1551	$2,050	$1.32	24d	1	1.08mi
335 Oakwood Cir Denton, TX	4.0	2.0	1685	$2,300	$1.36	44d	1	1.11mi
3451 Farm to Market Road 2181 Corinth, TX	1.0–3.0	1.0–2.5	1045	$2,690	$2.57	8d	44	1.26mi
2614 Timberview Cir Corinth, TX	3.0	2.0	1442	$2,200	$1.53	44d	1	1.26mi
3500 FM 2181 Hickory Creek, TX	1.0–3.0	1.0–2.0	1072	$3,092	$2.88	2d	33	1.29mi
4101 Rocky Bend Ct Corinth, TX	4.0	2.0	2029	$2,750	$1.36	44d	1	1.35mi
6651 S Interstate 35 E Denton, TX	1.0–2.0	1.0–2.0	982	$1,874	$1.91	44d	15	1.38mi
615 Lake Bridge Dr Lake Dallas, TX	3.0	2.0	1950	$2,550	$1.31	11d	1	1.43mi
3421 Buster Way Denton, TX	3.0	2.0	1573	$2,295	$1.46	24d	1	1.50mi
3421 Buster Way Denton, TX	3.0	2.0	1573	$2,295	$1.46	8d	1	1.50mi

Listing history 28 events

1. 2026-06-18
   days on market $318,000 Active 216 DOM
2. 2026-06-17
   days on market $318,000 Active 215 DOM
3. 2026-06-16
   days on market $318,000 Active 214 DOM
4. 2026-06-15
   days on market $318,000 Active 213 DOM
5. 2026-06-13
   days on market $318,000 Active 211 DOM
6. 2026-06-09
   days on market $318,000 Active 207 DOM
7. 2026-06-08
   days on market $318,000 Active 206 DOM
8. 2026-06-07
   days on market $318,000 Active 205 DOM
9. 2026-06-04
   days on market $318,000 Active 202 DOM
10. 2026-06-03
    days on market $318,000 Active 201 DOM
11. 2026-06-02
    days on market $318,000 Active 200 DOM
12. 2026-06-01
    days on market $318,000 Active 199 DOM
13. 2026-05-31
    days on market $318,000 Active 198 DOM
14. 2026-05-20
    price $318,000 1581-char remark

    Show marketing remark (1581 chars)

    PRICE REDUCTION! Own stunning new construction at a reduced price! This home is nestled in a well-established, tree-lined neighborhood! This beautifully crafted home offers 3 spacious bedrooms, 2 full baths, and 1,801 square feet of comfortable living space, all enhanced by impressive 9-foot ceilings throughout for a bright, airy feel. Enjoy a classic layout where the kitchen and dining area are thoughtfully separated from the living room, creating distinct spaces for cooking, dining, and relaxing. The eat-in kitchen is perfect for casual meals and gatherings, while the separate laundry room adds everyday convenience. Each bedroom is generously sized, providing plenty of space for rest, work, or play. Step outside to your nearly quarter-acre lot, where the oversized driveway provides ample parking for guests, boats, or extra vehicles—perfect for entertaining or accommodating your lifestyle. The 1-car garage adds even more storage and utility. Located just minutes from scenic Lewisville Lake, you’ll enjoy easy access to outdoor adventures and community favorites like Lake Dallas City Park and Lake Dallas Public Library. With quick access to I-35E, commuting to Denton or Dallas is effortless. Don’t miss your chance to own a brand-new home with modern features and classic charm in a welcoming community. Schedule your tour of 214 Pembrook St today and experience the best of Lake Dallas living! All information herein is considered reliable but should be verified by buyer and buyer agent. Seller will also consider leasing the property.

15. 2026-05-06
    price $340,000 1581-char remark

    Show marketing remark (1581 chars)

    PRICE REDUCTION! Own stunning new construction at a reduced price! This home is nestled in a well-established, tree-lined neighborhood! This beautifully crafted home offers 3 spacious bedrooms, 2 full baths, and 1,801 square feet of comfortable living space, all enhanced by impressive 9-foot ceilings throughout for a bright, airy feel. Enjoy a classic layout where the kitchen and dining area are thoughtfully separated from the living room, creating distinct spaces for cooking, dining, and relaxing. The eat-in kitchen is perfect for casual meals and gatherings, while the separate laundry room adds everyday convenience. Each bedroom is generously sized, providing plenty of space for rest, work, or play. Step outside to your nearly quarter-acre lot, where the oversized driveway provides ample parking for guests, boats, or extra vehicles—perfect for entertaining or accommodating your lifestyle. The 1-car garage adds even more storage and utility. Located just minutes from scenic Lewisville Lake, you’ll enjoy easy access to outdoor adventures and community favorites like Lake Dallas City Park and Lake Dallas Public Library. With quick access to I-35E, commuting to Denton or Dallas is effortless. Don’t miss your chance to own a brand-new home with modern features and classic charm in a welcoming community. Schedule your tour of 214 Pembrook St today and experience the best of Lake Dallas living! All information herein is considered reliable but should be verified by buyer and buyer agent. Seller will also consider leasing the property.

16. 2026-04-30
    status Active 1581-char remark

    Show marketing remark (1581 chars)

    PRICE REDUCTION! Own stunning new construction at a reduced price! This home is nestled in a well-established, tree-lined neighborhood! This beautifully crafted home offers 3 spacious bedrooms, 2 full baths, and 1,801 square feet of comfortable living space, all enhanced by impressive 9-foot ceilings throughout for a bright, airy feel. Enjoy a classic layout where the kitchen and dining area are thoughtfully separated from the living room, creating distinct spaces for cooking, dining, and relaxing. The eat-in kitchen is perfect for casual meals and gatherings, while the separate laundry room adds everyday convenience. Each bedroom is generously sized, providing plenty of space for rest, work, or play. Step outside to your nearly quarter-acre lot, where the oversized driveway provides ample parking for guests, boats, or extra vehicles—perfect for entertaining or accommodating your lifestyle. The 1-car garage adds even more storage and utility. Located just minutes from scenic Lewisville Lake, you’ll enjoy easy access to outdoor adventures and community favorites like Lake Dallas City Park and Lake Dallas Public Library. With quick access to I-35E, commuting to Denton or Dallas is effortless. Don’t miss your chance to own a brand-new home with modern features and classic charm in a welcoming community. Schedule your tour of 214 Pembrook St today and experience the best of Lake Dallas living! All information herein is considered reliable but should be verified by buyer and buyer agent. Seller will also consider leasing the property.

17. 2026-04-29
    historical Active Option Contract 1581-char remark

    Show marketing remark (1581 chars)

    PRICE REDUCTION! Own stunning new construction at a reduced price! This home is nestled in a well-established, tree-lined neighborhood! This beautifully crafted home offers 3 spacious bedrooms, 2 full baths, and 1,801 square feet of comfortable living space, all enhanced by impressive 9-foot ceilings throughout for a bright, airy feel. Enjoy a classic layout where the kitchen and dining area are thoughtfully separated from the living room, creating distinct spaces for cooking, dining, and relaxing. The eat-in kitchen is perfect for casual meals and gatherings, while the separate laundry room adds everyday convenience. Each bedroom is generously sized, providing plenty of space for rest, work, or play. Step outside to your nearly quarter-acre lot, where the oversized driveway provides ample parking for guests, boats, or extra vehicles—perfect for entertaining or accommodating your lifestyle. The 1-car garage adds even more storage and utility. Located just minutes from scenic Lewisville Lake, you’ll enjoy easy access to outdoor adventures and community favorites like Lake Dallas City Park and Lake Dallas Public Library. With quick access to I-35E, commuting to Denton or Dallas is effortless. Don’t miss your chance to own a brand-new home with modern features and classic charm in a welcoming community. Schedule your tour of 214 Pembrook St today and experience the best of Lake Dallas living! All information herein is considered reliable but should be verified by buyer and buyer agent. Seller will also consider leasing the property.

18. 2026-04-05
    status Active 1581-char remark

    Show marketing remark (1581 chars)

    PRICE REDUCTION! Own stunning new construction at a reduced price! This home is nestled in a well-established, tree-lined neighborhood! This beautifully crafted home offers 3 spacious bedrooms, 2 full baths, and 1,801 square feet of comfortable living space, all enhanced by impressive 9-foot ceilings throughout for a bright, airy feel. Enjoy a classic layout where the kitchen and dining area are thoughtfully separated from the living room, creating distinct spaces for cooking, dining, and relaxing. The eat-in kitchen is perfect for casual meals and gatherings, while the separate laundry room adds everyday convenience. Each bedroom is generously sized, providing plenty of space for rest, work, or play. Step outside to your nearly quarter-acre lot, where the oversized driveway provides ample parking for guests, boats, or extra vehicles—perfect for entertaining or accommodating your lifestyle. The 1-car garage adds even more storage and utility. Located just minutes from scenic Lewisville Lake, you’ll enjoy easy access to outdoor adventures and community favorites like Lake Dallas City Park and Lake Dallas Public Library. With quick access to I-35E, commuting to Denton or Dallas is effortless. Don’t miss your chance to own a brand-new home with modern features and classic charm in a welcoming community. Schedule your tour of 214 Pembrook St today and experience the best of Lake Dallas living! All information herein is considered reliable but should be verified by buyer and buyer agent. Seller will also consider leasing the property.

19. 2026-04-04
    historical 1581-char remark

    Show marketing remark (1581 chars)

    PRICE REDUCTION! Own stunning new construction at a reduced price! This home is nestled in a well-established, tree-lined neighborhood! This beautifully crafted home offers 3 spacious bedrooms, 2 full baths, and 1,801 square feet of comfortable living space, all enhanced by impressive 9-foot ceilings throughout for a bright, airy feel. Enjoy a classic layout where the kitchen and dining area are thoughtfully separated from the living room, creating distinct spaces for cooking, dining, and relaxing. The eat-in kitchen is perfect for casual meals and gatherings, while the separate laundry room adds everyday convenience. Each bedroom is generously sized, providing plenty of space for rest, work, or play. Step outside to your nearly quarter-acre lot, where the oversized driveway provides ample parking for guests, boats, or extra vehicles—perfect for entertaining or accommodating your lifestyle. The 1-car garage adds even more storage and utility. Located just minutes from scenic Lewisville Lake, you’ll enjoy easy access to outdoor adventures and community favorites like Lake Dallas City Park and Lake Dallas Public Library. With quick access to I-35E, commuting to Denton or Dallas is effortless. Don’t miss your chance to own a brand-new home with modern features and classic charm in a welcoming community. Schedule your tour of 214 Pembrook St today and experience the best of Lake Dallas living! All information herein is considered reliable but should be verified by buyer and buyer agent. Seller will also consider leasing the property.

20. 2026-03-31
    price $368,000 1581-char remark

    Show marketing remark (1581 chars)

    PRICE REDUCTION! Own stunning new construction at a reduced price! This home is nestled in a well-established, tree-lined neighborhood! This beautifully crafted home offers 3 spacious bedrooms, 2 full baths, and 1,801 square feet of comfortable living space, all enhanced by impressive 9-foot ceilings throughout for a bright, airy feel. Enjoy a classic layout where the kitchen and dining area are thoughtfully separated from the living room, creating distinct spaces for cooking, dining, and relaxing. The eat-in kitchen is perfect for casual meals and gatherings, while the separate laundry room adds everyday convenience. Each bedroom is generously sized, providing plenty of space for rest, work, or play. Step outside to your nearly quarter-acre lot, where the oversized driveway provides ample parking for guests, boats, or extra vehicles—perfect for entertaining or accommodating your lifestyle. The 1-car garage adds even more storage and utility. Located just minutes from scenic Lewisville Lake, you’ll enjoy easy access to outdoor adventures and community favorites like Lake Dallas City Park and Lake Dallas Public Library. With quick access to I-35E, commuting to Denton or Dallas is effortless. Don’t miss your chance to own a brand-new home with modern features and classic charm in a welcoming community. Schedule your tour of 214 Pembrook St today and experience the best of Lake Dallas living! All information herein is considered reliable but should be verified by buyer and buyer agent. Seller will also consider leasing the property.

21. 2026-02-10
    price $399,000 1581-char remark

    Show marketing remark (1581 chars)

    PRICE REDUCTION! Own stunning new construction at a reduced price! This home is nestled in a well-established, tree-lined neighborhood! This beautifully crafted home offers 3 spacious bedrooms, 2 full baths, and 1,801 square feet of comfortable living space, all enhanced by impressive 9-foot ceilings throughout for a bright, airy feel. Enjoy a classic layout where the kitchen and dining area are thoughtfully separated from the living room, creating distinct spaces for cooking, dining, and relaxing. The eat-in kitchen is perfect for casual meals and gatherings, while the separate laundry room adds everyday convenience. Each bedroom is generously sized, providing plenty of space for rest, work, or play. Step outside to your nearly quarter-acre lot, where the oversized driveway provides ample parking for guests, boats, or extra vehicles—perfect for entertaining or accommodating your lifestyle. The 1-car garage adds even more storage and utility. Located just minutes from scenic Lewisville Lake, you’ll enjoy easy access to outdoor adventures and community favorites like Lake Dallas City Park and Lake Dallas Public Library. With quick access to I-35E, commuting to Denton or Dallas is effortless. Don’t miss your chance to own a brand-new home with modern features and classic charm in a welcoming community. Schedule your tour of 214 Pembrook St today and experience the best of Lake Dallas living! All information herein is considered reliable but should be verified by buyer and buyer agent. Seller will also consider leasing the property.

22. 2025-12-31
    price $416,000 1581-char remark

    Show marketing remark (1581 chars)

    PRICE REDUCTION! Own stunning new construction at a reduced price! This home is nestled in a well-established, tree-lined neighborhood! This beautifully crafted home offers 3 spacious bedrooms, 2 full baths, and 1,801 square feet of comfortable living space, all enhanced by impressive 9-foot ceilings throughout for a bright, airy feel. Enjoy a classic layout where the kitchen and dining area are thoughtfully separated from the living room, creating distinct spaces for cooking, dining, and relaxing. The eat-in kitchen is perfect for casual meals and gatherings, while the separate laundry room adds everyday convenience. Each bedroom is generously sized, providing plenty of space for rest, work, or play. Step outside to your nearly quarter-acre lot, where the oversized driveway provides ample parking for guests, boats, or extra vehicles—perfect for entertaining or accommodating your lifestyle. The 1-car garage adds even more storage and utility. Located just minutes from scenic Lewisville Lake, you’ll enjoy easy access to outdoor adventures and community favorites like Lake Dallas City Park and Lake Dallas Public Library. With quick access to I-35E, commuting to Denton or Dallas is effortless. Don’t miss your chance to own a brand-new home with modern features and classic charm in a welcoming community. Schedule your tour of 214 Pembrook St today and experience the best of Lake Dallas living! All information herein is considered reliable but should be verified by buyer and buyer agent. Seller will also consider leasing the property.

23. 2025-12-01
    price $450,000 1581-char remark

    Show marketing remark (1581 chars)

    PRICE REDUCTION! Own stunning new construction at a reduced price! This home is nestled in a well-established, tree-lined neighborhood! This beautifully crafted home offers 3 spacious bedrooms, 2 full baths, and 1,801 square feet of comfortable living space, all enhanced by impressive 9-foot ceilings throughout for a bright, airy feel. Enjoy a classic layout where the kitchen and dining area are thoughtfully separated from the living room, creating distinct spaces for cooking, dining, and relaxing. The eat-in kitchen is perfect for casual meals and gatherings, while the separate laundry room adds everyday convenience. Each bedroom is generously sized, providing plenty of space for rest, work, or play. Step outside to your nearly quarter-acre lot, where the oversized driveway provides ample parking for guests, boats, or extra vehicles—perfect for entertaining or accommodating your lifestyle. The 1-car garage adds even more storage and utility. Located just minutes from scenic Lewisville Lake, you’ll enjoy easy access to outdoor adventures and community favorites like Lake Dallas City Park and Lake Dallas Public Library. With quick access to I-35E, commuting to Denton or Dallas is effortless. Don’t miss your chance to own a brand-new home with modern features and classic charm in a welcoming community. Schedule your tour of 214 Pembrook St today and experience the best of Lake Dallas living! All information herein is considered reliable but should be verified by buyer and buyer agent. Seller will also consider leasing the property.

24. 2025-11-13
    listed $460,000 Active 1581-char remark

    Show marketing remark (1581 chars)

    PRICE REDUCTION! Own stunning new construction at a reduced price! This home is nestled in a well-established, tree-lined neighborhood! This beautifully crafted home offers 3 spacious bedrooms, 2 full baths, and 1,801 square feet of comfortable living space, all enhanced by impressive 9-foot ceilings throughout for a bright, airy feel. Enjoy a classic layout where the kitchen and dining area are thoughtfully separated from the living room, creating distinct spaces for cooking, dining, and relaxing. The eat-in kitchen is perfect for casual meals and gatherings, while the separate laundry room adds everyday convenience. Each bedroom is generously sized, providing plenty of space for rest, work, or play. Step outside to your nearly quarter-acre lot, where the oversized driveway provides ample parking for guests, boats, or extra vehicles—perfect for entertaining or accommodating your lifestyle. The 1-car garage adds even more storage and utility. Located just minutes from scenic Lewisville Lake, you’ll enjoy easy access to outdoor adventures and community favorites like Lake Dallas City Park and Lake Dallas Public Library. With quick access to I-35E, commuting to Denton or Dallas is effortless. Don’t miss your chance to own a brand-new home with modern features and classic charm in a welcoming community. Schedule your tour of 214 Pembrook St today and experience the best of Lake Dallas living! All information herein is considered reliable but should be verified by buyer and buyer agent. Seller will also consider leasing the property.

25. 2016-12-06
    soldstatus Sold 384-char remark

    Show marketing remark (384 chars)

    Beautiful and updated! Fantastic 3 bedroom home on a massive lot with mature trees, detached 2 car garage, game room, RV_boat pad, and tons of space to relax or entertain. New roof with transferable warranty! New flooring, fresh paint, and much more just completed in this impossible to find price range. Minutes from I-35 and the Lake Dallas Toll Bridge. Schedule your showing today!

26. 2016-11-15
    status Pending 384-char remark

    Show marketing remark (384 chars)

    Beautiful and updated! Fantastic 3 bedroom home on a massive lot with mature trees, detached 2 car garage, game room, RV_boat pad, and tons of space to relax or entertain. New roof with transferable warranty! New flooring, fresh paint, and much more just completed in this impossible to find price range. Minutes from I-35 and the Lake Dallas Toll Bridge. Schedule your showing today!

27. 2016-10-18
    historical Active Option Contract 384-char remark

    Show marketing remark (384 chars)

    Beautiful and updated! Fantastic 3 bedroom home on a massive lot with mature trees, detached 2 car garage, game room, RV_boat pad, and tons of space to relax or entertain. New roof with transferable warranty! New flooring, fresh paint, and much more just completed in this impossible to find price range. Minutes from I-35 and the Lake Dallas Toll Bridge. Schedule your showing today!

28. 2016-10-13
    listed $199,900 Active 384-char remark

    Show marketing remark (384 chars)

    Beautiful and updated! Fantastic 3 bedroom home on a massive lot with mature trees, detached 2 car garage, game room, RV_boat pad, and tons of space to relax or entertain. New roof with transferable warranty! New flooring, fresh paint, and much more just completed in this impossible to find price range. Minutes from I-35 and the Lake Dallas Toll Bridge. Schedule your showing today!

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

• Current annual tax: $1,520 · $127/mo
• Projected year-2 tax: $5,819 · $485/mo
• Expected delta: +$4,299/yr (+$358/mo · 282.7%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥109°F today · 22 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 21% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,834
• − Mortgage interest: −$17,813
• − Property taxes: −$1,520
• − Insurance: −$1,590
• − Repairs & maintenance: −$2,227
• − Management: −$2,227
• − Depreciation: −$9,251
• Taxable loss: −$6,794
• Est. tax savings @ 24.0%: +$1,630
• After-tax cash flow: $497/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Lake Dallas ISD
• NCES district ID: 4826430
• Math proficiency: 34% ▼ -20.00%
• Reading proficiency: 39% ▼ -10.00%
• Median HH income: $76,645
• Composite: 34.13/100
• National rank: #5287
• State rank: #413 of 826 in TX

Livability — Lake Dallas

• Score: 72/100
• State rank: #264
• US rank: #6218

Category grades

Amenities F Commute F Cost of living A+ Crime A+ Employment B Housing A+ Health & safety D- User ratings B+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lake Dallas, TX
• Population (ZIP): 13,046

Population outlook (Denton County) Hauer SSP2

• Today (2025): 1,053,010 people
• By 2030: 1,192,269 · +13.2%
• By 2040: 1,472,920 · +39.9%
• By 2050: 1,746,506 · +65.9%
• By 2075: 2,358,497 · +124.0%
• By 2100: 2,779,183 · +163.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (62%)
• Race & ethnicity: White 62% Hispanic / Latino 27% Two or more races 13% Black 6% Asian 3%
• Hispanic origin (detail): Mexican 23%
• Common ancestry: Italian 9% Slovak 2% Serbian 1%
• Foreign-born: 20% · Canada, South Korea, United Kingdom
• Languages at home: 73% English-only · Spanish 21% Korean 2% Other Asian/Pacific 1%

Political lean MEDSL · Denton

• 2024 margin: R (+13.2) · D 42.7% · R 55.8% · Other 1.5%
• 2008→2024 swing: +11.0pp toward D · 2008: -24.2pp · 2024: -13.2pp
• All cycles: 2024: R+13.2 2020: R+8.1 2016: R+20.2 2012: R+31.7 2008: R+24.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -21.91%
• Current HPI: 300.0981
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

Industry mix (Fortune 500 HQ in TX)

Industry	F500 HQs	Revenue
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

+59.1% since first listed

15 events — show timeline

• 2026-05-20 Price Changed $318,000 NTREIS
• 2026-05-06 Price Changed $340,000 NTREIS
• 2026-04-30 Relisted — NTREIS
• 2026-04-29 Contingent — NTREIS
• 2026-04-05 Relisted — NTREIS
• 2026-04-04 Listing Removed — NTREIS
• 2026-03-31 Price Changed $368,000 NTREIS
• 2026-02-10 Price Changed $399,000 NTREIS
• 2025-12-31 Price Changed $416,000 NTREIS
• 2025-12-01 Price Changed $450,000 NTREIS
• 2025-11-13 Listed $460,000 NTREIS
• 2016-12-06 Sold (MLS) — NTREIS
• 2016-11-15 Pending — NTREIS
• 2016-10-18 Contingent — NTREIS
• 2016-10-13 Listed $199,900 NTREIS

Property tax history

-5.4%/yr

Latest (2025): $1,520 · +2.0% YoY. Source: county tax records.