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$386,522

1946 Sherburne St, Lewisville, TX, 75067

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,841 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$200.98 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Entrance, Private Yard
Lot Size4,134 sqft

Building Information

Year Built2014
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR287669
Lot Number9
SubdivisionThe Townhomes At Continental Square
Land UseResidential
Legal DescriptionTHE TOWNHOMES AT CONTINENTAL SQUARE BLK B LOT 9
Census Tract021732
Assessed Land Value$51,179
Assessed Improvement Value$335,698
Assessment Year2025

About this property

When using preferred Lender StratLend, 2% concession may be applied toward: •Interest deduction •Closing cost reduction •Temporary rate buy-down. Options such as a 3-2-1 or 2-1 structure! Welcome to this beautifully maintained two-story townhome located in a desirable gated community, offering 3 bedrooms, 3 full bathrooms, and 1,841 square feet of thoughtfully designed living space in one of Lewisville’s most convenient and sought-after locations. Perfectly situated just minutes from premier shopping, dining, entertainment, and DFW Airport, this home combines everyday comfort with unbeatable accessibility. Set on a desirable corner lot, the property features a spacious fenced backyard and private patio—ideal for morning coffee, weekend gatherings, or simply unwinding outdoors. Inside, soaring ceilings and oversized windows fill the expansive living area with natural light, creating an open and inviting atmosphere from the moment you walk in. The stylish kitchen is designed to impress with granite countertops, modern appliances, abundant cabinetry, and plenty of prep space for cooking and entertaining. The main floor also offers a private bedroom and ensuite, making it an excellent setup for guests, a home office, or multi-generational living. Upstairs, a versatile bonus living space provides endless possibilities. Two generously sized bedrooms each feature their own full bathrooms, offering comfort, privacy, and flexibility for family or guests. The attached two-car garage adds even more convenience. Enjoy the ease of low-maintenance living with HOA-covered exterior upkeep, including the roof, giving you more time to enjoy your home and less time worrying about maintenance. With quick access to I-35E and an easy commute to both Dallas and Denton, this exceptional townhome offers the perfect balance of suburban charm and urban convenience. Don’t miss your opportunity to own this light-filled, move-in-ready gem in the heart of Lewisville!

Investor Tools

Property Icon
$386,522
Estimated Property Value
$172,978Estimated Mortgage Balance
$255,559Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,319 /month
Positive
Cash Flow Estimate:
$773 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$450/month
$226/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,471
$386,522
2025
$51,179
$335,698
$386,877
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,471
$386,522

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
University Islamic Financial Corp
2nd Mortgage Made To Cover Down Payment
$172,978
No
First
May 1, 2015
May 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$131,351
$255,171
66%
34%
$1,038/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,264/mo
+$886/mo
6.7%

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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1946 Sherburne St | Property Details | No Agent List