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$429,000

NAL Estimated Property Value

107 Lexington Ln, Denton, TX, 76205

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,323 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150.67 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven
FlooringCarpet, Parquet, Tile

Exterior

Lot Size21,314 sqft

Building Information

Year Built1979
Stories1
Roof Type127
Garage Spaces2

Land Information

APNR27423
Lot Number2
SubdivisionSouthridge
Land UseResidential
Legal DescriptionSOUTHRIDGE BLK 4 LOT 2
Census Tract021305
Assessed Land Value$124,338
Assessed Improvement Value$238,474
Assessment Year2025

About this property

40k price reduction. Some of the pictures are virtually staged to show potential. Great opportunity to own in Southridge and customize home just the way you want it. The square footage does not reflect an additional 288 sq ft enclosed porch. This is an exciting chance to own a one-story home on almost half an acre in Southridge With towering oaks and Pines. The unique custom design has curb appeal like no other in the neighborhood. Only a stone's throw from the community park with playgrounds, tennis courts, basketball courts and wide-open spaces. The home sits on .489 acres so there is plenty of space in addition to 2 buildings on slab which would make great workshops and an insulated storage shed that is portable. The home will need your expertise to update and make it the dream home you have been looking for. The current configuration is a 4 bed 3 full bath, formal dining and formal living. The possibilities are endless or add some cosmetic touches and love it just the way it is.

Investor Tools

Property Icon
$429,000
Estimated Property Value
$202,126Estimated Mortgage Balance
$226,874Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,574 /month
Positive
Cash Flow Estimate:
$858 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$663/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,810
$362,812
2025
$124,338
$238,474
$362,812
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,810
$362,812

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Conventional
$210,000
No
First
Apr 19, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$202,126
$226,874
52%
47%
$1,260/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,260/mo
+$712/mo
5.5%

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: Denton

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107 Lexington Ln | Property Details | No Agent List