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$468,000

NAL Estimated Property Value

1245 Tanner Dr, Lewisville, TX, 75077

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,550 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$196.08 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave
FlooringCarpet, Hardwood, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size5,828 sqft

Building Information

Year Built1996
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR182023
Lot Number16
SubdivisionOrchard Valley Estates Ph Iii
Land UseResidential
Legal DescriptionORCHARD VALLEY ESTATES PH III BLK I LOT 16
Census Tract021716
Assessed Land Value$74,770
Assessed Improvement Value$371,525
Assessment Year2025

About this property

Available Now! Pictures do not do this home justice. Updated with new flooring, new paint, new countertops, new cabinets, new bathrooms, new fixtures; this place is beautiful! Light filtering screens cover the windows that receive direct sun keep this house cool all day, the above ground pool is an oxygen pool meaning it doesn't use chlorine or salt, the office downstairs - which could be used as a 5th bedroom - has a built in desk, the laundry room has been expanded to include a mudroom and laundry sorting area, the garage has an epoxy floor ready to be used as a workshop The driveway has an attached carport for extra parking and relief from the Texas sun and hail, and NO HOA!!!! In addition to the privacy fence, this home backs up to a green space for even more privacy! Tucked away in Orchard Hill Estates between 407 and Main St., this home is located 10 minutes from the Shops at Highland Village, 10 minutes from Parker Square in Flower Mound, and 20 minutes from DFW airport!

Investor Tools

Property Icon
$468,000
Estimated Property Value
$414,393Estimated Mortgage Balance
$53,607Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$845/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,795
$446,295
2025
$74,770
$371,525
$446,295
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,795
$446,295

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$445,500
No
First
Aug 19, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$414,393
$53,607
11%
89%
$2,671/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,200/mo
$2,671/mo
+$529/mo
8.2%

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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1245 Tanner Dr | Property Details | No Agent List