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$364,900

1861 El Paso St, Lewisville, TX, 75077

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,806 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$202.05 / 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 Range
FlooringCeramic Tile, Laminate

Exterior

Lot Size7,013 sqft

Building Information

Year Built1972
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR08255
Lot Number35
SubdivisionLewisville Valley 3
Land UseResidential
Legal DescriptionLEWISVILLE VALLEY 3 BLK H LOT 35
Census Tract021717
Assessed Land Value$70,150
Assessed Improvement Value$281,483
Assessment Year2025

About this property

Well-maintained home offering 3 bedrooms, 2 bathrooms and 2 car garage on beautiful lot with mature trees - Vaulted ceilings in entry and living room - Bricked interior wall with gas fireplace and nearby dry bar - The living room's French doors lead to a favorite feature of this home, an entertaining oasis with a covered patio, freshly sodded play yard and large wood deck with bench seating shaded by large tree canopy - The Sellers have completed many recent upgrades - New luxury wood laminate floors throughout home including bedrooms - no carpet in home - 2025 fresh interior and exterior paint - 2025 newly stained wood fence and deck - Great location in North Lewisville - Only a few blocks from L.L. Woods 28-acre Park - Park amenities include playground, two pavilions (reservations accepted), full basketball court, walking trails, disk golf course and public restrooms - Close to Lake Lewisville - One block North of Degan Elementary School - Lewisville ISD is known for their highly acclaimed STEM Programs through Elementary and Middle Schools - Short drive to Flower Mound's Riverwalk with local restaurants featuring live bands during spring & summer and Highland Village shops & restaurants

Investor Tools

Property Icon
$360,000
Estimated Property Value
$335,000Estimated Mortgage Balance
$29,402Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,189 /month
Positive
Cash Flow Estimate:
$730 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$501/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,214
$339,998
2025
$70,150
$281,483
$351,633
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,214
$339,998

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lit Financial Corp
Conventional
$335,000
No
First
Aug 12, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$330,598
$29,402
8%
92%
$2,009/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,460/mo
$2,009/mo
+$451/mo
8.2%

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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1861 El Paso St | Property Details | No Agent List