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$297,650

NAL Estimated Property Value

240 Teakwood Ln, Lewisville, TX, 75067

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,396 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$225.64 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesUncovered Courtyard
Lot Size3,498 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR80020
Lot Number20
SubdivisionMeadow Glen Addn Sec 2a
Land UseResidential
Legal DescriptionMEADOW GLEN ADDN SEC 2A BLK O LOT 20
Census Tract021732
Assessed Land Value$50,680
Assessed Improvement Value$246,970
Assessment Year2025

About this property

Welcome To This Delightful 3-Bedroom, 2-Bathroom Home That Has Had Recent Tasteful Updates, Including Fresh Paint And Plush Carpeting Throughout. This Move-In Ready Home Is Nestled In A Prime Location Just Off 121 Business And Corporate And Has Convenience At Your Doorstep With Easy Access To Dining, Shopping, And Major Highways. The Primary Bedroom Is On The Front Of The Home And Separate From The Other Two Additional Bedrooms. The Kitchen Is Open To The Flexible Living Area And There Are Lots Of Windows To Make The Home Light And Bright. One Of The Bedrooms Could Easily Be A Home Office Or Flex Space And Both Secondary Bedrooms Share A Large Secondary Bathroom. Step Outside To A Concreted Side Area That Is Set Up Perfect For Entertaining And Family Barbecues. Plenty Of Parking Out Back In The Two Car Carport. Don’t Miss The Opportunity To Make This Home Your Own.

Investor Tools

Property Icon
$297,650
Estimated Property Value
$0Estimated Mortgage Balance
$297,650Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$540/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,988
$297,650
2025
$50,680
$246,970
$297,650
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,988
$297,650

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$297,650
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
N/A
+$2,150/mo
8.7%

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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240 Teakwood Ln | Property Details | No Agent List