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$400,000

229 Edwards, Lewisville, TX, 75057

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,024 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$390.63 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Plumbed For Ice Maker
FlooringCeramic Tile, Wood

Exterior

Lot Size20,944 sqft

Building Information

Year Built1961
Stories1
Roof Type105
Garage Spaces3

Land Information

APNR02888
SubdivisionL M Kealy
Land UseResidential
Legal DescriptionL M KEALY BLK A LOT 11 ACRES 0.4808
Census Tract021618
Assessed Land Value$148,383
Assessed Improvement Value$344,133
Assessment Year2025

About this property

Old Town charm with all the updates you expect in a new home. This home has been completely updated from top to bottom. The kitchen is a chef's dream, with a professional stove, and cooktop, custom cabinets, wood floors, and the list just goes on and on. The bathrooms look like pictures out of a magazine. Nothing has been overlooked in this home. Once you are done inside you walk out to the half-acre back yard and your imagination goes wild with all the space and potential of what you can do. Don't miss the opportunity to experience the space you want in a location that is second to none. Come enjoy the charm and wonder that Old Town Lewisville offers with a home that will take your breath away! Zoned OTMU1

Investor Tools

Property Icon
$492,516
Estimated Property Value
$0Estimated Mortgage Balance
$492,516Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,955 /month
Positive
Cash Flow Estimate:
$985 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$818/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,356
$492,516
2025
$148,383
$344,133
$492,516
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,356
$492,516

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$492,516
100%
0%
$0/mo

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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229 Edwards | Property Details | No Agent List