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$297,000

NAL Estimated Property Value

1231 Settlers Way, Lewisville, TX, 75067

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,210 Sq Ft
price_per_sqft$247.85 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven
FlooringVinyl

Exterior

Exterior FeaturesPrivate Yard
Lot Size4,500 sqft

Building Information

Year Built1985
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR105685
Lot Number2
SubdivisionIndian Oaks Addn Sec 2
Land UseResidential
Legal DescriptionINDIAN OAKS ADDN SEC 2 BLK C LOT 2
Census Tract021730
Assessed Land Value$58,500
Assessed Improvement Value$211,501
Assessment Year2025

About this property

Charming 3 bedroom, 2 bathroom home with tall ceilings in the living room and kitchen, creating an open and inviting feel. Spacious primary suite features a large ensuite bathroom with an updated walk in shower and sliding glass doors leading to the backyard. The two additional bedrooms are generously sized and work great for guests, a home office, or flex space. Covered patio out back is perfect for relaxing or entertaining. Located in a highly convenient neighborhood near parks, bike trails, a community center, and major access roads, this home offers an easy commute to DFW Airport while still providing a comfortable neighborhood feel. Great location for anyone looking to enjoy both convenience and an active lifestyle. Don’t miss the opportunity to make this home yours!

Investor Tools

Property Icon
$297,000
Estimated Property Value
$16,509Estimated Mortgage Balance
$280,491Estimated Equity
94% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,799 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$511/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,651
$270,001
2025
$58,500
$211,501
$270,001
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,651
$270,001

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Funding Lp
Conventional
$78,109
No
First
Jan 13, 2014
Feb 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$16,509
$280,491
94%
6%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
N/A
+$2,150/mo
8.7%

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.

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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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1231 Settlers Way | Property Details | No Agent List