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$475,000

$480,000

1614 Crested Butte Dr, Lewisville, TX, 75077

On MarketInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths2,554 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$185.98 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven
FlooringVinyl

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size10,799 sqft

Building Information

Year Built1980
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR10957
Lot Number12
SubdivisionThe Highlands Ph 2
Land UseResidential
Legal DescriptionTHE HIGHLANDS PH 2 BLK M LOT 12
Census Tract021505
Assessed Land Value$114,912
Assessed Improvement Value$403,333
Assessment Year2025

About this property

This beautifully maintained 4-bedroom, 3-bathroom single-story home nestled in the highly desirable Highlands neighborhood of Lewisville. This spacious home offers an ideal blend of comfort, style, and functionality. The thoughtfully designed floor plan features generous living spaces, a well-appointed kitchen with stainless steel appliances and shaker cabinets. A separate guest bedroom with its own full bathroom offers the perfect retreat for visitors, multigenerational living, or a private home office, while two additional bedrooms provide flexibility for family and everyday living. This home has been thoughtfully updated with a new roof and an energy-efficient tankless water heater, providing added value and peace of mind. Abundant natural light, ample storage, and versatile living spaces make this home ideal for both relaxing and entertaining. Step outside to a private backyard perfect for outdoor dining, gatherings, or simply unwinding after a long day. Located in the heart of the Highlands, you'll enjoy convenient access to top-rated Marcus feeder schools, shopping, dining, parks, and major commuter routes while experiencing the charm of an established neighborhood. Offering the ease of one-story living, desirable updates, and a flexible floor plan, this exceptional home is ready to welcome its next owners.

Investor Tools

$364,117Estimated Mortgage Balance
$157,748Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,120 /month
Positive
Cash Flow Estimate:
$1,040 /month

Interested in this property?

Mikel Porter

Compass RE Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$811/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,133
$518,245
2025
$114,912
$403,333
$518,245
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,133
$518,245

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dmd Financial Corp
Conventional
$384,000
No
First
Jul 25, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$364,117
$154,128
29%
70%
$2,303/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,200/mo
$2,303/mo
+$897/mo
7.4%

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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