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$405,000

1137 Raleigh Dr, Lewisville, TX, 75077

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,071 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$195.56 / sqft
Year BuiltBuilt in 1995

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, Gas Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size6,939 sqft

Building Information

Year Built1995
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR173880
Lot Number10
SubdivisionGlenwood Addn
Land UseResidential
Legal DescriptionGLENWOOD ADDN BLK C LOT 10
Census Tract021715
Assessed Land Value$83,292
Assessed Improvement Value$348,118
Assessment Year2025

About this property

MULTIPLE OFFERS. Best offers are due by noon Wednesday, August 17. Remodeled, open and bright floor plan with 4 bedrooms. Large kitchen complete with a large island and stainless steel appliances. Updates include both bathrooms, interior paint, tile and laminate flooring, carpet, plumbing and lighting fixtures, & ceiling fans. Well maintained and spotless top to bottom. Community pool just down the street. Great location with quick access to I-35.

Investor Tools

Property Icon
$431,410
Estimated Property Value
$125,000Estimated Mortgage Balance
$314,929Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,588 /month
Positive
Cash Flow Estimate:
$863 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$806/month
$177/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,517
$431,410
2025
$83,292
$348,118
$431,410
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,517
$431,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$125,000
No
First
Sep 7, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$116,481
$314,929
72%
27%
$750/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,460/mo
$927/mo
+$1,533/mo
6.8%

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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