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$300,860

305 Oakbrook Dr, Lewisville, TX, 75057

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,223 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$241.21 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesBalcony, Courtyard, Rain Gutters
Lot Size1.63 acres

Building Information

Year Built1985
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR123362
SubdivisionOak Point Lakeside Villas Condominiums
Land UseResidential
Legal DescriptionOAK POINT LAKESIDE VILLAS CONDOMINIUMS BLD C UNT 305 PLUS 4.2527 % INT IN COM AREA
Census Tract021502
Assessed Land Value$42,317
Assessed Improvement Value$258,543
Assessment Year2025

About this property

Experience lakeside living in this beautifully updated condo overlooking Lake Lewisville! Step into this tranquil retreat nestled in serene community, offering convenient walking access to the lake. Gorgeous galley kitchen features subway tile backsplash with coordinating granite countertops, floating accent shelves & built in appliances. Natural light from the wall of windows in the living area compliments the room and offers a peaceful sitting space. Tons of storage options with custom shelving and built in cabinets surrounding wood burning fireplace with decorative accent tile. Unwind upstairs in the primary bedroom where you will find walk out balcony, ensuite bathroom with dual vanities, granite countertops and walk in shower. Additional bedroom also offers balcony with lake views and updated bathroom. The backyard area is the perfect place to relax and enjoy your evening under covered pergola with string lights and fan. This is truly a hidden gem, schedule a viewing today!

Investor Tools

Property Icon
$300,860
Estimated Property Value
$221,250Estimated Mortgage Balance
$89,299Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,805 /month
Positive
Cash Flow Estimate:
$602 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$550/month
$329/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,093
$300,860
2025
$42,317
$258,543
$300,860
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,093
$300,860

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thrive Mortgage Llc
Conventional
$221,250
No
First
Dec 19, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$211,561
$89,299
29%
70%
$1,327/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,656/mo
$-16/mo
6.5%

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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