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$396,000

NAL Estimated Property Value

1040 Cassion Dr, Lewisville, TX, 75067

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,674 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$216.67 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave
FlooringCeramic Tile, Simulated Wood

Exterior

Exterior FeaturesAwning(s), Fire Pit, Rain Gutters, Lighting
Lot Size8,198 sqft

Building Information

Year Built1991
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR118680
Lot Number20
SubdivisionValley Vista 1
Land UseResidential
Legal DescriptionVALLEY VISTA 1 BLK I LOT 20
Census Tract021731
Assessed Land Value$83,959
Assessed Improvement Value$299,369
Assessment Year2025

About this property

Just imagine being able to consider driving as an optional part of your day to get your day done in suburbia! Blocks distance from grocery, all 12 grades schools, daycare and yummy Human Bean coffee.Located on one of the larger lots in desireable Valley Vista a no HOA but extremely neighborly community, Cassion house is a gem of many facets.From the easy living tile and laminate floors that flow seamlessly from entry flex space to costco closet to living room kitchen beyond.Living room wows with designer floor to ceiling mosaic tile.Kitchen elevates with abundant storage, under cabinet lighting, chef-friendly granite counters and stainless split deep sinks.Bedrooms are each their own special with a custom builtin murphy bed in one, stunning palladium window and unique entry in the other but best of all is the primary retreat with its vaulted ceiling and spaclicious en suite bath.Separate oversized shower, jetted hollywood tub, double L shaped vanity and custom walk in closet add to yes

Investor Tools

Property Icon
$396,000
Estimated Property Value
$344,782Estimated Mortgage Balance
$51,218Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,376 /month
Positive
Cash Flow Estimate:
$792 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$718/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,640
$383,328
2025
$83,959
$299,369
$383,328
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,640
$383,328

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Home Mortgage Llc
Unknown
$185,000
No
First
Sep 28, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$344,782
$51,218
12%
87%
$2,220/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lewisville

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1040 Cassion Dr | Property Details | No Agent List