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Days34Days on Market
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$2,250

253 Teakwood Lane, Lewisville, TX, 75067

On MarketInfo
LeaseInfo
Beds3 Beds
Baths2 Bath
Baths1,396 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.61 / sqft
Year BuiltBuilt in 1983

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
FlooringCombination, Laminate

Exterior

Lot Size3,772 sqft

Building Information

Year Built1983
Stories1
Roof Type105

Land Information

APNR80087
Lot Number40
SubdivisionMeadow Glen Addn Sec 2a
Land UseResidential
Legal DescriptionMEADOW GLEN ADDN SEC 2A BLK P LOT 40
Census Tract021732
Assessed Land Value$54,648
Assessed Improvement Value$221,999
Assessment Year2025

About this property

Elevated 1-story with 3 bedrooms, 2 bath convenient to shopping, parks, commuter freeways & DFW airport! Low maintenance plank-look and tile flooring, thick baseboards & window trim, soft grays & white finishes plus updated kitchen. Enjoy quartz waterfall countertops, stainless steel appliances & upgraded cabinetry. Kitchen Refrigerator included in lease. Open concept with contemporary fireplace in spacious living area. Split bedrooms include an owner's suite with framed mirror over double vanity, oversized tub with tile surround & ledges plus large walk-in closet with built-ins. Pets are case by case, 1 pet allowed under 35lbs.

Interested in this property?

Patrick Kocher

Keller Williams Realty-FM

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$378/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,060
$276,647
2025
$54,648
$221,999
$276,647
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,060
$276,647

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$225,948
No
First
Dec 3, 2021
Jan 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$206,722
$89,278
30%
70%
$1,355/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,355/mo
+$795/mo
8.7%

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.

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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253 Teakwood Lane | Property Details | No Agent List