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$274,900

1240 Tanner Drive, Lewisville, TX, 75077

$305,330 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,853 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.35 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size5,711 sqft

Building Information

Year Built1996
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR182006
Lot Number22
SubdivisionOrchard Valley Estates Ph Iii
Land UseResidential
Legal DescriptionORCHARD VALLEY ESTATES PH III BLK H LOT 22
Census Tract021716
Assessed Land Value$77,072
Assessed Improvement Value$314,623
Assessment Year2025

About this property

Reduced to go quickly! Secluded quiet locale! Updated home! Everything's been done: Paint, Floors, windows, Granite tops, fixtures, hardware, lights, etc... Recent AC & furnace still under warranty! it is in move in condition & looks like a new house! Master is down with a garden tub & separate shower & granite top dual sink. The kit. is open to the den w-serving bar. Granite, st. steel appl & gas range! The front liv area is a dining combo & would make a great office area. The Game Rm is up w-2 spacious brs & full bath. Excellent Fen Suay & many WOW factors such as marble tile flrs in the kit, Brazillian type flooring, crn moldings & more. BD on BD wd fence in yard with 8X12 shed. Nothing like it for the $$

Investor Tools

Property Icon
$404,000
Estimated Property Value
$0Estimated Mortgage Balance
$404,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$305,329
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,424 /month
Positive
Cash Flow Estimate:
$808 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$386/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,611
$391,695
2025
$77,072
$314,623
$391,695
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,611
$391,695

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$404,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,460/mo
N/A
+$2,460/mo
7.3%

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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1240 Tanner Drive | Property Details | No Agent List