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$365,000

1626 Waterford Drive, Lewisville, TX, 75077

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,913 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$190.8 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range

Exterior

Lot Size8,041 sqft

Building Information

Year Built1993
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR134626
Lot Number30
SubdivisionLewisville Valley 6 Sec 3
Land UseResidential
Legal DescriptionLEWISVILLE VALLEY 6 SEC 3 BLK F LOT 30
Census Tract021715
Assessed Land Value$94,320
Assessed Improvement Value$315,729
Assessment Year2025

About this property

Investor opportunity in Lewisville! This one-story Highland Home offers a functional open floor plan, great bones, and exceptional potential to bring your HGTV design ideas to life. Features include formal living and dining areas, a spacious family room with a cozy brick fireplace, an island kitchen with breakfast nook, and a split primary suite with a sitting area. Generously sized secondary bedrooms provide ample space for family or guests. The roof was replaced in 2018. Being sold as-is and priced to sell, this property presents an excellent opportunity for investors or buyers looking to add value and make it their own.

Investor Tools

$155,211Estimated Mortgage Balance
$259,789Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month

Interested in this property?

Carolina Dusenbery

Redfin Corporation

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$253/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$962
$410,049
2025
$94,320
$315,729
$410,049
No

Tax History

Year
Tax Paid
Assessed Value
2025
$962
$410,049

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Metlife Home Loans
Reverse Mortgage / Hecm
$262,500
No
First
Oct 7, 2009
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$155,211
$259,789
62%
37%
$1,574/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,460/mo
$1,574/mo
+$886/mo
7.1%

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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1626 Waterford Drive | Property Details | No Agent List