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$445,000

1325 Falcon Drive, Lewisville, TX, 75077

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,075 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$214.46 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range, Microwave
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Storage, Uncovered Courtyard
Lot Size7,802 sqft

Building Information

Year Built1990
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR120636
Lot Number27
SubdivisionMeadow Lake 4 Sec 1
Land UseResidential
Legal DescriptionMEADOW LAKE 4 SEC 1 BLK T LOT 27
Census Tract021505
Assessed Land Value$70,200
Assessed Improvement Value$354,800
Assessment Year2025

About this property

Must see! Beautifully updated, immaculately clean, and exceptionally maintained, this move-in-ready home combines style, comfort, and convenience. The open-concept floor plan is filled with natural light and perfect for gathering with family and friends. Featuring 3 bedrooms, 2 baths, and a versatile library-office that can easily function as a 4th bedroom or game room, there’s room for everyone. Step outside to your own backyard retreat featuring a refreshing pool and spa. The pool heater is capable of heating the entire pool for extended seasonal enjoyment, and the pool motor was replaced Summer 2024. The kitchen showcases gorgeous granite countertops, stainless steel appliances, and an attractive stainless steel drop-down vent hood. With two dining areas and two bar seating areas, the layout is ideal for entertaining. The updated primary bath features double sinks, a separate tub, and a walk-in shower. Prime location near I-35E for an easy commute, and minutes away from shopping, dining, and Lake Lewisville. Recent updates include new windows throughout, new front and back doors, a new furnace installed in 2025, wood-look luxury vinyl plank flooring in the bedrooms, and updated countertops and sinks in the baths. The water line from the house to the street was recently replaced and new sod was installed in the side yard. The sprinkler system makes maintaining the yard easy, while a storage building provides extra space for lawn equipment, tools, or additional storage needs. The garage features newly installed interlocking floor tiles, adding both durability and a clean, polished look. Come make this beautiful home your own!

Investor Tools

$119,202Estimated Mortgage Balance
$325,798Estimated Equity
73% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,670 /month
Positive
Cash Flow Estimate:
$890 /month

Interested in this property?

Brenda Pagel

Ebby Halliday, REALTORS

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$664/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,747
$425,000
2025
$70,200
$354,800
$425,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,747
$425,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$135,000
No
First
Jun 19, 2020
Jul 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$119,202
$325,798
73%
27%
$810/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,460/mo
$810/mo
+$1,650/mo
6.6%

City: Lewisville

1325 Falcon Drive | Property Details | No Agent List