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$385,000

$399,900

1516 Sequoia Grove Ln, Lewisville, TX, 75067

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths2,255 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$170.73 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

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, Gas Water Heater
FlooringTile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size5,885 sqft

Building Information

Year Built2002
Stories2
Roof Type105
Garage Spaces1

Land Information

APNR236815
Lot Number1
SubdivisionGarden Park Place
Land UseResidential
Legal DescriptionGARDEN PARK PLACE BLK F LOT 1
Census Tract021717
Assessed Land Value$86,678
Assessed Improvement Value$297,882
Assessment Year2025

About this property

Welcome home to this beautifully renovated 3-bedroom, 2.5-bath, two-story home on a desirable corner lot, blending modern style with functional living. This move-in-ready home offers thoughtful upgrades and a layout designed for both comfort and entertaining. The bright, open-concept kitchen is the heart of the home, showcasing quartz countertops, a center island, a double oven, built-in cabinetry, and a walk-in pantry—perfect for everyday living and hosting. The adjoining eat-in breakfast area flows seamlessly into the inviting living room, complete with a charming gas-log fireplace and large windows that fill the space with natural light. Gorgeous Luxury Vinyl Plank (LVP) flooring runs throughout the main living areas, adding both durability and style.Step outside to a spacious covered patio just off the main living area—ideal for indoor-outdoor living and entertaining. The oversized primary suite offers a relaxing retreat with vaulted ceilings, abundant natural light, and a large walk-in closet. The updated ensuite bath features dual sinks, a deep soaking tub, and a separate modern shower. A convenient powder bath is located downstairs for guest use.

Investor Tools

$176,278Estimated Mortgage Balance
$219,722Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,376 /month
Positive
Cash Flow Estimate:
$792 /month

Interested in this property?

Chase Kirby

Repeat Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$717/month
$225/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,625
$384,560
2025
$86,678
$297,882
$384,560
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,625
$384,560

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Fha
$224,360
Yes
First
Jun 22, 2016
Jul 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$176,278
$219,722
55%
45%
$1,346/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,571/mo
+$579/mo
6.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1516 Sequoia Grove Ln | Property Details | No Agent List