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$209,985

203 Teakwood Lane, Lewisville, TX, 75067

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,200 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$174.99 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Lot Size3,498 sqft

Building Information

Year Built1992
Stories2
Roof Type105
Garage Spaces1

Land Information

APNR80112
Lot Number65
SubdivisionMeadow Glen Addn Sec 2a
Land UseResidential
Legal DescriptionMEADOW GLEN ADDN SEC 2A BLK P LOT 65
Census Tract021732
Assessed Land Value$50,680
Assessed Improvement Value$239,861
Assessment Year2025

About this property

Location, Location is what you get when you purchase this home. Right off business 121 and just s few minutes from I35. You can be at DFW Airport in less than 10 minutes or shopping in less than 5 minutes. This home offers 2 bedrooms down and a master retreat on the second floor. With an oversized single car garage, you will find ample storage for your things or maybe a motorcycle. Sit on the back porch and just listen to the birds while enjoying some tea or enjoy the afternoon. Relax inside with a wood burning fireplace to cozy up to in the winter, or the back porch during the summer. The only thing missing is your personal touch. Come see your next home in the growing town of Lewisville.

Investor Tools

Property Icon
$290,541
Estimated Property Value
$0Estimated Mortgage Balance
$37,916Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,743 /month
Positive
Cash Flow Estimate:
$581 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$432/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,733
$290,541
2025
$50,680
$239,861
$290,541
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,733
$290,541

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Maria Eugenia Martinez Huanqui
Seller Carryback / Seller Financing / Seller Take-Back
$194,750
No
First
Nov 1, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$252,625
$37,916
13%
87%
$1,588/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,588/mo
+$562/mo
8.9%

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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