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$749,000

2525 Merlin Drive, Lewisville, TX, 75056

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,375 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151.08 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size10,206 sqft

Building Information

Year Built2000
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR214701
Lot Number16
SubdivisionCastle Hills Ph Ii Sec A
Land UseResidential
Legal DescriptionCASTLE HILLS PH II SEC A BLK C LOT 16
Census Tract021643
Assessed Land Value$160,760
Assessed Improvement Value$594,372
Assessment Year2025

About this property

Move in Ready! 4 bdrm PLUS a study! Soaring ceilings. Open floorplan. Entry boasts sweeping wood staircase. Huge kitchen boasts granite ctops, tons of cabinet storage, eat in breakfast area offers access to coverage porch, perfect for morning coffee! Updated appliances, breakfast bar, builtin in desk and morning room are just a few other kitchen features. Open family room offers a wall of windows with views of tranquil backyard. Spacious master bdrm with updated master bath, jetted tub, his&her sink, walkin closet. 3 bdrms and game room up. (gamerm could be used as 5th bdrm). Beautiful backyard with sparkling pool, privacy fence, gated driveway, Oversized garage offers plenty of storage space! Hurry!!

Investor Tools

Property Icon
$749,000
Estimated Property Value
$0Estimated Mortgage Balance
$322,976Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,494 /month
Positive
Cash Flow Estimate:
$1,498 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,190/month
$840/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,540
$742,893
2025
$160,760
$594,372
$755,132
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,540
$742,893

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Conventional
$484,500
No
First
Mar 31, 2020
Apr 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$426,024
$322,976
43%
57%
$2,905/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,060/mo
$3,745/mo
$-685/mo
4.9%

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.

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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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2525 Merlin Drive | Property Details | No Agent List