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$4,968,000

NAL Estimated Property Value

1501 Fairway Drive 200, Lewisville, TX, 75057

Off MarketInfo
LeaseInfo
CommercialInfo
Baths0 Bath
Baths8,650 Sq Ft
price_per_sqft$0.15 / sqft
Year BuiltBuilt in 2020

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringConcrete

Exterior

Lot Size2.54 acres

Building Information

Year Built2020
Stories1
Garage Spaces117

Land Information

APNR303038
Lot Number15R
SubdivisionFairway Business Park
Land UseCommercial
Legal DescriptionFAIRWAY BUSINESS PARK BLK A LOT 15R
Census Tract021502
Assessed Land Value$386,792
Assessed Improvement Value$5,468,411
Assessment Year2025

About this property

An exceptional 8,650 SF industrial space is now available for lease at 1501 Fairway Drive in Lewisville, offering immediate highway access and modern construction completed in 2020. The available space features a well-designed office buildout, including a conference room, private office, two restrooms, and a utility closet. The warehouse is equipped with one dock-high door, two grade-level drive-ins, and a 27-foot clear height, ideal for a variety of industrial, distribution, or light manufacturing uses. Situated on a 2.54-acre site with a parking ratio of 3.03 spaces per 1,000 SF, this prime location combines functionality, accessibility, and efficiency for growing businesses.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$8,032/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$71,544
$4,968,000
2025
$386,792
$5,468,411
$5,855,203
No

Tax History

Year
Tax Paid
Assessed Value
2024
$71,544
$4,968,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Capital Bank Na
Commercial
$247,500
No
First
Mar 23, 2015
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$187,384
$4,780,616
96%
4%
$1,484/mo

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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1501 Fairway Drive 200 | Property Details | No Agent List