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$398,000

NAL Estimated Property Value

1120 Kelly Ln, Lewisville, TX, 75077

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,844 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.35 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Refrigerator
FlooringCarpet, Laminate, Tile

Exterior

Lot Size5,837 sqft

Building Information

Year Built1995
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR174841
Lot Number21
SubdivisionOrchard Valley Estates Ph Ii
Land UseResidential
Legal DescriptionORCHARD VALLEY ESTATES PH II BLK B LOT 21
Census Tract021716
Assessed Land Value$78,773
Assessed Improvement Value$326,377
Assessment Year2025

About this property

**SUPERB UPDATED LEWISVILLE HOME FOR RENT** Perfect location! Wonderful updates through out! Come check out this home, offering 3 bedrooms, 2 baths, formal dining room and office. Gorgeous laminate flooring through out, no carpet anywhere! Large kitchen with island, beautiful white cabinets, quartz counter tops, SS appliances. Tons of natural light especially in the kitchen with its large skylight. Refrigerator, Washer & Dryer are part of this home! Large owner's retreat with remodeled bathroom - soaking tub, dual sinks, new frameless shower and WIC. Hall bathroom is also remolded giving it new life. Nice rear entry garage with fresh epoxied floors. Great backyard just perfect for those upcoming Spring days & nights. Close by Valley Ridge Greenbelt Park. A short ride to Middle & High schools! Hurry this one won't last long!

Investor Tools

Property Icon
$398,000
Estimated Property Value
$2,003,332Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,388 /month
Positive
Cash Flow Estimate:
$796 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$635/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,634
$391,200
2025
$78,773
$326,377
$405,150
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,634
$391,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bank
Credit Line (Revolving) / Heloc
$1,860,000
No
First
Aug 26, 2022
Aug 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,003,332
N/A
0%
503%
$12,798/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,460/mo
$12,798/mo
$-10,338/mo
7.4%

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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1120 Kelly Ln | Property Details | No Agent List