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$456,500

1141 Rusk Way, Lewisville, TX, 75077

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,105 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.33 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Electric Oven, Electric Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Simulated Wood, Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size3,006 sqft

Building Information

Year Built2022
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR773673
Lot Number22
SubdivisionHeritage Trail Addition
Land UseResidential
Legal DescriptionHERITAGE TRAIL ADDITION BLK B LOT 22
Census Tract021505
Assessed Land Value$91,924
Assessed Improvement Value$374,591
Assessment Year2025

About this property

UNDER TWO MILES FROM LAKE LEWISVILLE!! Nestled in the charming community of Heritage Trails, conveniently located to I35, community parks and trails, your charming home features neutral tones throughout starting with wood laminate in your entry, kitchen, living area, and downstairs laundry room. Extra perks includes an oversized upstairs gameroom, recessed lighting in the living and kitchen PLUS situated on a corner lot leaving your space with natural lighting. Your split level plan, completed in 2022, has a downstairs primary bedroom with its en suite featuring a Texas sized shower, double sinks, and walk-in closet. Walk upstairs, and you will find THREE secondary bedrooms, a full secondary bathroom, and gameroom perfect for entertainment. Heritage Trails is a blend of convenience to shopping, under two miles to Lake Lewisville (boat not included), and easy access to I35. Zoned to the highly sought after NATIONALLY RECOGNIZED STEM ACADEMY AT VALLEY RIDGE. BONUS: WASHER, DRYER, FRIDGE - STAY!!

Investor Tools

Property Icon
$456,500
Estimated Property Value
$433,822Estimated Mortgage Balance
$52,970Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,739 /month
Positive
Cash Flow Estimate:
$913 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$694/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,044
$456,500
2025
$91,924
$374,591
$466,515
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,044
$456,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Brookhollow Mortgage Services Ltd
Unknown
$433,822
No
First
Aug 17, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$403,530
$52,970
11%
88%
$2,601/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,200/mo
$2,901/mo
+$299/mo
8.4%

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.

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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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