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$265,000

NAL Estimated Property Value

109 Ridgeway Cir, Lewisville, TX, 75067

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,393 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$190.24 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Cooktop, Gas Oven, Gas Range, Microwave
FlooringVinyl

Exterior

Lot Size5,937 sqft

Building Information

Year Built1965
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR05805
Lot Number34
SubdivisionLakewood North
Land UseResidential
Legal DescriptionLAKEWOOD NORTH BLK 2 LOT 34
Census Tract021744
Assessed Land Value$46,035
Assessed Improvement Value$172,108
Assessment Year2025

About this property

3 Bedroom, 2 Bathroom, Extra Bonus Room. The garage was converted into a bonus room. This bonus room has a side door leading to the backyard and driveway fence gate. This bonus room can be used as a separate dwelling unit for rental income. It can also be used as a 4th Bedroom or 2nd living room. The sellers are offering $500 towards a new carpet in the bonus room. Recent Upgrades Include: New Front Yard Plumbing Drain Pipe - 2026 Vinyl Plank Flooring (Whole House) - 2026 Laminate Flooring (Two Bedrooms) - 2025 Dishwasher - 2025 Water Heater - 2024 Backyard Storage Shed - 2023 Kitchen Remodel & Granite Countertops - 2020 Other highlighted features include an overhead microwave. Gas Range (Oven+Cooktop). A standup shower unit in the master bathroom. Dual Closet space in the master bedroom. Granite Countertops. Backyard Patio for shade. Zoned Schools Nearby: Lakeland Elementary (~4 min), Huffines Middle School (~6 min), Lewisville High School (~8 min). Popular Destinations: Downtown Dallas (~25 min), Downtown Fort Worth (~35 min), DFW International Airport (~15 min), Old Town Lewisville (~8 min), and Historic Downtown Grapevine (~20 min), famously known as “The Christmas Capital of Texas.” Grocery & Shopping: Walmart Supercenter (~5 min), Kroger (~4 min), ALDI (~5 min), Tom Thumb (~7 min), Stonebriar Centre (~20 min), Grandscape (~15 min), and The Shops at Highland Village (~15 min). Medical Hospitals: Medical City Lewisville (~7 min), Texas Health Presbyterian Flower Mound (~15 min), Baylor Scott & White Carrollton (~15 min). Family Fun & Entertainment: Main Event Lewisville (~10 min), Andretti Indoor Karting & Games (~15 min), Topgolf The Colony (~15 min), and the dining, shopping, and entertainment of Old Town Lewisville and Historic Downtown Grapevine. Outdoor Parks & Recreation: Lewisville Lake (~15 min), Arbor Hills Nature Preserve (~20 min), LLELA Nature Preserve (~20 min), and Lake Park Golf Course (~15 min).

Investor Tools

Property Icon
$265,000
Estimated Property Value
$0Estimated Mortgage Balance
$265,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,590 /month
Positive
Cash Flow Estimate:
$530 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$292/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,184
$218,143
2025
$46,035
$172,108
$218,143
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,184
$218,143

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$265,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
N/A
+$2,150/mo
9.7%

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.

Explore Texas Explore This Area
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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109 Ridgeway Cir | Property Details | No Agent List