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$275,000

1365 Chinaberry Drive, Lewisville, TX, 75077

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,330 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$206.77 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave, Gas Water Heater
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size3,999 sqft

Building Information

Year Built1986
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR119868
Lot Number3
SubdivisionGarden Ridge Addn Ph I
Land UseResidential
Legal DescriptionGARDEN RIDGE ADDN PH I BLK E LOT 3
Census Tract021505
Assessed Land Value$64,000
Assessed Improvement Value$201,134
Assessment Year2025

About this property

Single story 3 bedroom home with 300 sq ft of added space from a converted garage. This open floorplan includes 3 beds, 2 full bath, plus a 2nd large living space and storage in the converted space. The interior features laminate flooring, a wood-burning fireplace, and light paint colors. The kitchen boasts hardwood cabinets and white appliances. Enjoy the wood deck and storage shed in the backyard.

Investor Tools

Property Icon
$308,000
Estimated Property Value
$0Estimated Mortgage Balance
$51,344Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,848 /month
Positive
Cash Flow Estimate:
$616 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$417/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,469
$265,134
2025
$64,000
$201,134
$265,134
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,469
$265,134

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$280,000
No
First
Dec 13, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$256,656
$51,344
16%
83%
$1,679/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,460/mo
$1,679/mo
+$781/mo
9.6%

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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1365 Chinaberry Drive | Property Details | No Agent List