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B+
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$420,000

244 Carrington Ln, Lewisville, TX, 75067

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,271 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$184.94 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size4,434 sqft

Building Information

Year Built2008
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR288780
Lot Number12
SubdivisionCarrington Village Ph 1
Land UseResidential
Legal DescriptionCARRINGTON VILLAGE PH 1 BLK A LOT 12
Census Tract021733
Assessed Land Value$97,548
Assessed Improvement Value$368,114
Assessment Year2025

About this property

Welcome to 244 Carrington Lane, a beautiful updated home in the heart of Lewisville. As you arrive you will be greeted with beautiful stone and brick flowerbeds, mature trees and lush green grass. Enjoy this 4-bed, 3-bath home with an open floor plan, spacious living, formal dining, and modern kitchen that includes an eat in breakfast nook. As you enter you are greeted with a formal dining room currently transformed into a relaxing reading area. The primary bedroom with ensuite is located on the first floor and features a large window with a window seat, NEW carpet, upgraded tile, granite countertops, skylight, dual sinks, garden tub with separate shower, and WIC. In the kitchen you will find a breakfast nook with window seat, upgraded tile, rounded granite counter tops, stainless steel appliances that include a convention microwave, updated gas stove top and dishwasher. Enjoy the cozy fireplace, hand scaped wood flooring in the living and dining and built-in surround sound in both the living and upstairs flex 4th bedroom. Upstairs is one of two laundry rooms along with 2 spacious bedrooms and large full bath with dual sinks. The versatility of 4th bedroom or flex room makes it PERFECT for a bedroom, office, or entertainment room with a attached balcony, closet, and entrance into a large walk-in attic. Enjoy the covered patio with natural gas grill access, 2-car garage with extra storage and a second laundry room. Roof, garage door and gutters were replaced in 2023 and NEW carpet throughout August 2025. Enjoy simple living with a low maintenance yard and the community pool right across the street. Centrally located within the metroplex you are just minutes away from shopping, DFW airport, restaurants and major highways. Convenient access to major roads (like I-35E and Highway?121), shopping, restaurants, and just minutes from DFW Airport

Investor Tools

Property Icon
$460,054
Estimated Property Value
$229,234Estimated Mortgage Balance
$255,981Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,760 /month
Positive
Cash Flow Estimate:
$920 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$751/month
$695/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$460,054
2025
$97,548
$368,114
$465,662
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$460,054

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mid-American Mortgage Inc
Va
$229,234
Yes
First
Sep 9, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$204,073
$255,981
55%
44%
$1,375/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$2,070/mo
+$80/mo
5.6%

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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244 Carrington Ln | Property Details | No Agent List