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B+
NoAgentList RatingHow are grades calculated? Info
Days88Days on Market
Views1view
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$525,000

$575,000

1260 Mcmahan Dr, Lewisville, TX, 75077

Under ContractInfo
Price DropInfo
Beds6 Beds
Baths3 Bath
Baths4,092 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$128.3 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListMust-SellAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Range, Microwave
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size6,721 sqft

Building Information

Year Built2003
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR242102
Lot Number9
SubdivisionRidgeview Estates
Land UseResidential
Legal DescriptionRIDGEVIEW ESTATES BLK E LOT 9
Census Tract021715
Assessed Land Value$82,345
Assessed Improvement Value$438,065
Assessment Year2025

About this property

Rare find! Spacious 6-bedroom home in Lewisville has been intentionally and beautifully renovated. Move-in Ready! Entry opens to soaring 2nd floor ceilings and a beautiful chandelier. Spacious living space downstairs includes formal Living and Dining to the left, and Family room with Gas Fireplace, 2nd floor oversized ceiling fans and ample windows for excellent natural light. Gourmet, completely Custom Kitchen has solid wood cabinets, under cabinet lighting with dimmer, quartz countertops and backsplash, one-of-a-kind Island, champagne brass hardware and matching decorative lighting. Delta faucet has touch activation. Upgraded Appliances include LG Gas range (2025), Bosch 800 series Dishwasher and Refrigerator (2024). Primary Bedroom downstairs has see-through fireplace and room for a seating area. Ensuite Primary Bath upgrades include modern vanity, lighted mirror, tile flooring, Updated bathroom and closet lighting, replaced toilet, and refinished Tub & Shower. Guest half bath in hallway has upgraded toilet, mirror, light fixture, sink, hardware and painted cabinets. Upstairs includes Game room, Laundry room, Full bathroom, and 5 generously-sized secondary bedrooms upstairs. Upstairs bath updates include mirrors, flooring, hardware, refinished tub, and painted cabinets. Front and Back yards are freshly landscaped. Backyard has covered patio with lighting and area for grilling and entertaining. Concrete pad extends across the back and side of the home, adding functional space for plants, raised garden beds, or play area! Additional updates include Upgraded Light Fixtures throughout, Coretec Flooring downstairs, carpet upstairs replaced 2023. Whole home painted March 2026. Kitchen Fridge, 4 Island Barstools, LG Washer & Dryer (2023), and exterior back patio lighting will stay with the home. Both HVAC Systems Replaced and upgraded March 2025. Too many updates to list, must see in person!

Investor Tools

Property Icon
$569,000
Estimated Property Value
$463,250Estimated Mortgage Balance
$126,037Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,414 /month
Positive
Cash Flow Estimate:
$1,138 /month

Interested in this property?

Anna Ray

Anna Ray Co.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$984/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,965
$520,410
2025
$82,345
$438,065
$520,410
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,965
$520,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Academy Mortgage Corp
Conventional
$463,250
No
First
Feb 20, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$443,696
$149,304
25%
78%
$2,778/mo

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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