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$517,933

2029 Sorrento Ln, Lewisville, TX, 75077

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,040 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$235.29 / sqft
Year BuiltBuilt in 2016

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, Gas Cooktop, Microwave
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size6,316 sqft

Building Information

Year Built2016
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR656340
Lot Number3
SubdivisionVerona Addition
Land UseResidential
Legal DescriptionVERONA ADDITION BLK D LOT 3
Census Tract021505
Assessed Land Value$113,692
Assessed Improvement Value$404,241
Assessment Year2025

About this property

Welcome home to this charming single story gem! With three spacious bedrooms, two bathrooms, an office and a bright open floor plan, there is plenty of room for the whole family. The kitchen features stainless steel appliances, gas range and custom tile backsplash that opens up into the cozy family room with attractive cast stone fireplace. Enjoy dinner at the extended granite island or relax in the split master bedroom with double sinks and separate shower. Plus you have a study, laundry with cabinets, mudroom area right off the garage and even an extra small room with built-in desk by the kitchen - perfect as a home office. Outside you'll find a large pool-sized backyard with covered patio & sprinkler system plus nice landscaping. And don’t forget about easy access to Hwy 35 as well as shopping centers, schools restaurants & entertainment nearby – what more could you ask for? Don’t miss out on this amazing opportunity!

Investor Tools

Property Icon
$517,933
Estimated Property Value
$392,000Estimated Mortgage Balance
$144,346Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,108 /month
Positive
Cash Flow Estimate:
$1,036 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$828/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,341
$517,933
2025
$113,692
$404,241
$517,933
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,341
$517,933

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$392,000
No
First
Oct 10, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$373,587
$144,346
27%
72%
$2,351/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,460/mo
$2,701/mo
$-241/mo
5.7%

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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2029 Sorrento Ln | Property Details | No Agent List