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$510,000

NAL Estimated Property Value

2703 Sierra Morado Drive, Lewisville, TX, 75067

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,927 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$207.06 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size5,968 sqft

Building Information

Year Built2015
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR651180
Lot Number18
SubdivisionThe Hills Of Vista Ridge Phase 1
Land UseResidential
Legal DescriptionTHE HILLS OF VISTA RIDGE PHASE 1 BLK A LOT 18
Census Tract021736
Assessed Land Value$100,943
Assessed Improvement Value$414,395
Assessment Year2025

About this property

Conveniently Located At 121 And Denton Tap, This 1-Story Home Has 4 Bedrooms And 2 Baths And It Shows Like A Model Home With Dark Wood Flooring And Light Color Palette. A Wide Open Kitchen With Stainless Appliances, Serving And Eating Bar, Gas Cooktop, Tons Of Cabinets, And Opens To The Family Room And Breakfast Nook. Master Is Split From The Other Bedrooms And Has Plenty Of Room For A King Bed. Luxurious Bath With Dual Sinks, Garden Tub, And Separate Shower. Lots Of Windows Make The Home Light And Bright With Plenty Of Views To The Private Backyard. Floating stand under television in the family room to stay with the home as well as all security cameras.

Investor Tools

Property Icon
$510,000
Estimated Property Value
$332,451Estimated Mortgage Balance
$177,549Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,060 /month
Positive
Cash Flow Estimate:
$1,020 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$764/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,622
$493,240
2025
$100,943
$414,395
$515,338
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,622
$493,240

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$369,000
No
First
Mar 12, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$332,451
$177,549
34%
65%
$2,213/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$2,413/mo
$-263/mo
5.1%

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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2703 Sierra Morado Drive | Property Details | No Agent List