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$427,000

NAL Estimated Property Value

1304 Winnipeg Drive, Lewisville, TX, 75077

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,010 Sq Ft
price_per_sqft$154.23 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Range, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Private Yard
Lot Size8,124 sqft

Building Information

Year Built1996
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR177046
Lot Number17
SubdivisionPark Ridge Estates Ph 3
Land UseResidential
Legal DescriptionPARK RIDGE ESTATES PH 3 BLK B LOT 17
Census Tract021715
Assessed Land Value$86,261
Assessed Improvement Value$362,605
Assessment Year2025

About this property

Move in ready! Come see this beautiful, well maintain 4 bedroom, 2 bath, 1 story house in Park Ridge Estate. No HOA in this community. Spacious rooms, 2 living area, updated fixtures, granite counter tops, stainless steel appliances, wood flooring , carpet in bedrooms & tile in bathrooms. Large master bedroom & master bathroom, garden tub, separate his & hers vanity. This home is ready for a new owner. Large back yard with pool and spa. Great for hosting summer pool parties and relaxing. Or, hanging out on a cold night with a fire pit and relaxing. You can turn this backyard to your own oasis. Close to 3 big parks and a Prairie Creek runs behind it. Easy access to I35.This home will not last long!

Investor Tools

Property Icon
$427,000
Estimated Property Value
$367,448Estimated Mortgage Balance
$59,552Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,562 /month
Positive
Cash Flow Estimate:
$854 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$640/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,540
$424,379
2025
$86,261
$362,605
$448,866
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,540
$424,379

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Fha
$308,535
Yes
First
Jun 25, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$367,448
$59,552
13%
86%
$2,404/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,200/mo
$2,404/mo
+$796/mo
9.0%

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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1304 Winnipeg Drive | Property Details | No Agent List