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$259,900

1424 Ross Drive, Lewisville, TX, 75067

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,453 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.87 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Laminate, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size5,001 sqft

Building Information

Year Built1998
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR191985
Lot Number26
SubdivisionDiamond Hill Estates Ph 2
Land UseResidential
Legal DescriptionDIAMOND HILL ESTATES PH 2 BLK D LOT 26
Census Tract021742
Assessed Land Value$75,000
Assessed Improvement Value$258,831
Assessment Year2025

About this property

This May Be The Home Youve Been Looking For...in Lewisville ISD! Too Many Updates to List Them All. Greeted by Wood Look Flooring in Living Room, Vaulted Ceilings, Newer Stainless Steel Appliances, Granite Countertops and Custom Backsplash. Updated Master Bathroom with Garden Tub, Glass Door Enclosure & Custom Tile. Covered Back Patio with Extended Stone Patio onlooking Fresh Sod in Front & Back. Live the simple life with a Nest Thermostat, REVO Camera System & Smart Life App Garage Door Opener. Easy Access to the Highways, Toll Roads, Dining, Entertainment, Parks & Airport.

Investor Tools

Property Icon
$357,000
Estimated Property Value
$0Estimated Mortgage Balance
$120,990Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,142 /month
Positive
Cash Flow Estimate:
$714 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$567/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,015
$333,831
2025
$75,000
$258,831
$333,831
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,015
$333,831

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Interlinc Mortgage Services Llc
Fha
$265,109
Yes
First
Sep 8, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$236,010
$120,990
33%
66%
$1,590/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,590/mo
+$560/mo
7.2%

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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1424 Ross Drive | Property Details | No Agent List