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$875,000

385 W Main St, Lewisville, TX, 75057

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths3,040 Sq Ft
OfficeOffice
Year BuiltBuilt in 1998

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringCarpet, Ceramic Tile

Exterior

Lot Size25,574 sqft

Building Information

Year Built2010
Stories1
Roof Type105
Garage Spaces36

Land Information

APNR275579
Lot Number1
SubdivisionLyon Building Addn
Land UseCommercial
Legal DescriptionLYON BUILDING ADDN BLK A LOT 1
Census Tract021618
Assessed Land Value$511,400
Assessed Improvement Value$363,600
Assessment Year2025

About this property

385 W Main Lewisville great location. Strategically located in the city of Lewisville. Just off of I 35 on West Main Street. Drive up to your own Commercial Building with Private parking! Large Corner lot. Positioned just off I 35, but near old town Lewisville yet in close proximity to 121 and George Bush. Very nice appeal to this building, landscaped, with nice interior! Plenty of parking:30 surface spaces. Full building opportunity 3,040 SF. Flexible layout - ideal for law firm, professional services, medical counseling or general office. Owner users seeking a functional layout. Entrance into waiting area. There is a beautiful large conference room off the waiting room. The right wing has 4 separate offices, open area, a work room or break room. The left wing has two front-facing window offices, large open work area, additional conference room. There is rear access to a large full kitchen area, and 2 large restrooms that are ADA compliant. Access to the right or left wing. Updated beautiful new flooring, and paint throughout. Modified Gross: Tenant pays Electric, Internet, and Trash. Landlord responsible for Water, Common area maintenance, Taxes. NO NNN. Hard to find... hurry this space won't last long! Prefer 5 year lease or longer. Call for more information and to tour! Current tenant moves the end of July.

Investor Tools

Property Icon
$875,000
Estimated Property Value
$600,000Estimated Mortgage Balance
$365,560Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,250 /month
Positive
Cash Flow Estimate:
$1,750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,621/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,074
$875,000
2025
$511,400
$363,600
$875,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$15,074
$875,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Seacoast Commerce Bank
Purchase Money Mortgage
$600,000
No
First
Dec 18, 2018
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$509,440
$365,560
41%
58%
$3,598/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.

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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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385 W Main St | Property Details | No Agent List