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$557,000

NAL Estimated Property Value

1308 Colby Drive, Lewisville, TX, 75067

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,018 Sq Ft
price_per_sqft$140.82 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Lot Size8,520 sqft

Building Information

Year Built1996
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR179840
Lot Number4
SubdivisionWater Oak Estates Ph 2
Land UseResidential
Legal DescriptionWATER OAK ESTATES PH 2 BLK H LOT 4
Census Tract021730
Assessed Land Value$90,941
Assessed Improvement Value$550,339
Assessment Year2025

About this property

MUTIPLE OFFERS RECEIVED... HIGHEST AND BEST OFFER DEADLINE IS THIS TUESDAY 8pm. Sellers will make decisions then. BEAUTIFUL FULLY UPDATED 2 story in TOP FLOWER MOUND SCHOOLS!! Located in a highly desirable cul de sac on an oversized lot, this house has it all! Fully updated kitchen, bathrooms, NEW paint throughout, NEW windows, flooring, NEW carpet, NEW AC units, NEW water heater, and NEW stainless steel appliances and fixtures. Plus the 4th bedroom can also be converted to a MIL suite! Spacious bedrooms with large closets throughout with game room upstairs. This house has tons of privacy as well with a new 9ft privacy fence! You won't be disappointed ending your day coming home to this house!

Investor Tools

Property Icon
$557,000
Estimated Property Value
$336,465Estimated Mortgage Balance
$220,535Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,342 /month
Positive
Cash Flow Estimate:
$1,114 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$865/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,600
$555,500
2025
$90,941
$550,339
$641,280
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,600
$555,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guardian Mortgage Co Inc
Conventional
$372,000
No
First
May 24, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$336,465
$220,535
39%
60%
$2,231/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,810/mo
$2,231/mo
+$579/mo
6.1%

City: Lewisville

1308 Colby Drive | Property Details | No Agent List