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$350,000

1318 Forestglen Drive, Lewisville, TX, 75067

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,676 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$208.83 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringTile, Wood

Exterior

Exterior FeaturesRain Gutters, Misting System, Private Yard
Lot Size8,159 sqft

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR00240
Lot Number18
SubdivisionLewisville Valley 1
Land UseResidential
Legal DescriptionLEWISVILLE VALLEY 1 BLK F LOT 18
Census Tract021717
Assessed Land Value$71,010
Assessed Improvement Value$231,571
Assessment Year2025

About this property

Welcoming curb appeal with LARGE trees and a fantastic covered porch. Don't stop there! Come inside and take in all the updates and care for this home. A true chef's kitchen with a gas range, pull-out spice shelves, custom cabinets, quartz countertops, subway tile backsplash, and much more. No popcorn ceilings here! Follow the updated flooring throughout this home to equally refreshed bathrooms. Sunk-in living space includes a brick fireplace that hides a full-size wet bar allowing plenty of space for storage and providing some fun space for entertainment as well. Need more space to entertain? Step outside and stay slightly cooler in the shade under the covered patio space, active mister system included! Come appreciate this well-loved and maintained home. Mature trees throughout the neighborhood add to the shady ambiance. A plentiful variety of restaurants and retail choices are nearby along with theatres, lakes, and trails if you're looking for some outdoor activity. Come visit!

Investor Tools

Property Icon
$344,000
Estimated Property Value
$0Estimated Mortgage Balance
$83,084Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$499/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,266
$302,581
2025
$71,010
$231,571
$302,581
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,266
$302,581

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Watermark Capital Inc
Conventional
$280,000
No
First
Sep 20, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$260,916
$83,084
24%
76%
$1,679/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,679/mo
+$471/mo
7.5%

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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