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$369,000

2556 Sarah Lane, Lewisville, TX, 75056

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,802 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$204.77 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Laminate, Tile

Exterior

Lot Size2,596 sqft

Building Information

Year Built2017
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR279812
Lot Number11
SubdivisionLake Ridge Town Homes
Land UseResidential
Legal DescriptionLAKE RIDGE TOWN HOMES BLK E LOT 11
Census Tract021517
Assessed Land Value$80,592
Assessed Improvement Value$320,262
Assessment Year2025

About this property

Welcome to this North facing corner lot home. Easy access to HWY 121 and so close to GrandScape Entertainment and Dining District. Living Room with wood flooring. Open Kitchen with Granite countertops and stainless steel appliances. Master bedroom with walk-in closet. Most of the home has smart lighting package. Smart lock on phone App. Garage door on phone App. Ring Doorbell. Digital eye on front door. Community Pool!

Investor Tools

$276,686Estimated Mortgage Balance
$124,168Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,405 /month
Positive
Cash Flow Estimate:
$802 /month

Interested in this property?

Masoud Abbaszadeh

Keller Williams Realty DPR

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$763/month
$1,980/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,147
$400,854
2025
$80,592
$320,262
$400,854
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,147
$400,854

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Enterprise Bank
Conventional
$287,000
No
First
May 10, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$276,686
$124,168
30%
69%
$1,721/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,340/mo
$3,701/mo
$-1,361/mo
7.0%

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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2556 Sarah Lane | Property Details | No Agent List