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$498,000

NAL Estimated Property Value

1621 Purgatory Pass, Lewisville, TX, 75077

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,120 Sq Ft
price_per_sqft$158.02 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size12,898 sqft

Building Information

Year Built1980
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR10447
Lot Number27
SubdivisionThe Highlands Ph 2
Land UseResidential
Legal DescriptionTHE HIGHLANDS PH 2 BLK G LOT 27
Census Tract021505
Assessed Land Value$120,792
Assessed Improvement Value$362,752
Assessment Year2025

About this property

Wow! Walking distance to Highland Village Elementary. This 2 Living and 2 Dining beauty features fabulous kitchen updates-Quartz countertops, stainless appliances, farmhouse sink, engineered hardwoods, window seating with extra storage.You cannot help but admire the incredible wall treatments, built-in shelving and modern lighting. A Texas sized, custom barndoor separates the two living spaces for added privacy. Master features dual closets, dual vanities, a separate tub and shower. Updated HVAC, hot water heater, front irrigation, newer roof. French drains, and more. Entertain guest under the large covered patio and huge rear yard. The extra long driveway is perfect for RV parking and even includes hookups.

Investor Tools

Property Icon
$498,000
Estimated Property Value
$308,729Estimated Mortgage Balance
$189,271Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,988 /month
Positive
Cash Flow Estimate:
$996 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$767/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,718
$483,544
2025
$120,792
$362,752
$483,544
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,718
$483,544

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$342,000
No
First
Apr 16, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$308,729
$189,271
38%
62%
$2,051/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,460/mo
$2,051/mo
+$409/mo
5.9%

City: Lewisville

1621 Purgatory Pass | Property Details | No Agent List