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B+
NoAgentList RatingHow are grades calculated? Info

$389,000

353 Mcdonnell St, Lewisville, TX, 75057

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,688 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$592.42 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.5Bathrooms Full 1.5
Garage AvailableGarage Available
Heating GasHeating Gas
AppliancesBuilt-In Gas Range, Dishwasher, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesStorage, Other
Lot Size41,818 sqft

Building Information

Year Built1965
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR18810
SubdivisionJ.W. King
Land UseResidential
Legal DescriptionA0695A J.W. KING, TR 68, .96 ACRES, OLD DCAD TR #33
Census Tract021619
Assessed Land Value$250,908
Assessed Improvement Value$126,343
Assessment Year2025

About this property

Location, Location, Location. This house offers it all! Almost one acre of land that is zoned residential or light industrial, making this the perfect opportunity for a commercial location. The residence on the property has a metal roof for years of enjoyment without hassle. The enclosed garage on the main house offers a large living area or a studio office for ones that work from home. If access to major roads is a must, this offers quick access to I35 and Business 121. The shops in the back of the property offer you more flex space for storage, work, oversized garage or many other options that fit your needs. The options are endless with this property. The covered parking out front keeps your vehicles safe from weather, the additional garages in the back offer more parking as well. There is a 25X40 metal work shop that has three additional bays that can be enclosed to make a larger shop.

Investor Tools

Property Icon
$389,000
Estimated Property Value
$600,000Estimated Mortgage Balance
$0Estimated Equity
-54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,000 /month
Positive
Cash Flow Estimate:
$2,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$216/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$652
$185,100
2025
$250,908
$126,343
$377,251
No

Tax History

Year
Tax Paid
Assessed Value
2024
$652
$185,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Datcu Cu
Credit Line (Revolving) / Heloc
$25,000
No
First
Apr 3, 2017
Apr 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$608,811
N/A
0%
157%
$3,748/mo

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.

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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353 Mcdonnell St | Property Details | No Agent List