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$570,999

NAL Estimated Property Value

2513 Erec Dr, Lewisville, TX, 75056

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,481 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.29 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Range, Gas Water Heater, Microwave, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size5,802 sqft

Building Information

Year Built2013
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR620956
Lot Number7R
SubdivisionCastle Hills Ph Vi Sec D
Land UseResidential
Legal DescriptionCASTLE HILLS PH VI SEC D BLK H LOT 7R
Census Tract021654
Assessed Land Value$140,940
Assessed Improvement Value$460,060
Assessment Year2025

About this property

Prestigious Castle Hills North Community!! One story Luxury home!!! 4 bedrooms 3 baths!!! Granite counter tops, Island, Covered patio!! Family and Kids friendly Community!!! Castle Hills North Community Center Features: Junior-Size Olympic Pool With Water Slides, Kiddie Play Area & Beach Entry, Playground, Basketball and Sand Volley Ball Courts, Fitness Center, Clubhouse, Shaded Pergola With Lounging Chairs, Hike & Bike Trails!!! Centrally located to all the DFW area!!! Close to Toyota North American Head Quarters and The Dallas Cowboys HQ in Frisco!!! Proximity to major employers such as Bank Of America, Chase Bank, Liberty Mutual, HP and many more!!!

Investor Tools

Property Icon
$570,999
Estimated Property Value
$209,157Estimated Mortgage Balance
$361,842Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,426 /month
Positive
Cash Flow Estimate:
$1,142 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$891/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,842
$570,999
2025
$140,940
$460,060
$601,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,842
$570,999

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Priority Home Mortgage Lp
Conventional
$297,350
No
First
Apr 25, 2013
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$209,157
$361,842
63%
37%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,060/mo
N/A
+$3,060/mo
6.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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2513 Erec Dr | Property Details | No Agent List