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$394,000

1837 El Paso St, Lewisville, TX, 75077

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,530 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$274.51 / sqft
Year BuiltBuilt in 1972

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 Cooktop, Electric Oven, Gas Water Heater, Microwave, Vented Exhaust Fan
FlooringCeramic Tile, Hardwood, Other, Simulated Wood, Stone

Exterior

Exterior FeaturesAwning(s), Storage
Lot Size7,244 sqft

Building Information

Year Built1972
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR08247
Lot Number29
SubdivisionLewisville Valley 3
Land UseResidential
Legal DescriptionLEWISVILLE VALLEY 3 BLK H LOT 29
Census Tract021717
Assessed Land Value$72,450
Assessed Improvement Value$288,103
Assessment Year2025

About this property

Your client will adore 1837 El Paso Street. This exquisitely upgraded 3-bedroom, 2-bathroom gem, showcases sleek and stylish interiors, a synthetic turf backyard area and covered patio, luxury bathrooms, and fully upgraded flooring. Welcome to 1837 El Paso Street, a residence nestled in the vibrant city of Lewisville, and right on the the edge of Flower Mound. THIS IS A GEM. The owner has placed over $40K in renovations into the property throughout the course of 3 years - including a bonus room that's fully air conditioned - perfect as an office space. Priced incredibly for what the property holds! You'll be immediately captivated by the meticulously laid Herrington flooring that spans the entirety of the common areas, creating a seamless flow from space to space. The kitchen stands as a testament to modern sophistication, featuring top-of-the-line stainless steel appliances and sleek backsplash to the ceiling. The custom cabinetry, modern range-hood, and engineered quartz countertops further accentuate the kitchen’s allure. The master suite offers a private retreat with a dual-sink vanity and a luxury, frameless glass walk-in spa shower designed not merely to rejuvenate but to inspire. Each bathroom has been transformed with precision, equipped with the latest fixtures that reflect a commitment to quality and comfort. Step outside to discover the expanded patio area, designed for the ultimate in entertainment and relaxation. The backyard features a covered patio extension, premium synthetic turf that maintains a pristine appearance year-round, ensuring a perfect backdrop for gatherings or peaceful solitude. Additional enhancements include a newly installed roof (2 years old), an advanced HVAC system, and a smart Nest thermostat, ensuring optimal climate control with cutting-edge technology. Situated moments away from essential highways, premier shopping, and top-rated schools, 1837 El Paso Street is a place where a family can live beautifully.

Investor Tools

Property Icon
$394,000
Estimated Property Value
$400,000Estimated Mortgage Balance
$0Estimated Equity
-2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,520 /month
Positive
Cash Flow Estimate:
$840 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$687/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,270
$360,553
2025
$72,450
$288,103
$360,553
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,270
$360,553

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$400,000
Yes
First
Jul 25, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$394,150
N/A
0%
100%
$2,399/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,460/mo
$2,399/mo
+$61/mo
7.5%

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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1837 El Paso St | Property Details | No Agent List