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$550,000

404 Benwick Way, Lewisville, TX, 75056

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,012 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$137.09 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size7,501 sqft

Building Information

Year Built2006
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR273587
Lot Number2
SubdivisionCastle Hills Ph Iv Sec B
Land UseResidential
Legal DescriptionCASTLE HILLS PH IV SEC B BLK H LOT 2
Census Tract021652
Assessed Land Value$150,000
Assessed Improvement Value$699,233
Assessment Year2025

About this property

Beautiful Highland Home in desirable Castle Hills offers 4 bedrooms, 5 living areas (formal, game room, media, living, and study) for versatility. Recent paint in master, kitchen, living, and study. Distressed hardwoods flow in living, formals, master and game room. Large open kitchen with travertine floors, nook, ss appliances, stained wood cabinets, granite counter tops, and gas cooktop. Living room features a wood burning brick and stone fireplace with gas starter and built in for tv. Large master with crown molding, jacuzzi tub, dual sinks, and huge walk-in closet. Entertaining backyard with a built-in kitchen w grill, smoker, fridge along with a pergola, wood fence w electronic gate. Roof replaced in 2016

Investor Tools

Property Icon
$849,233
Estimated Property Value
$895,000Estimated Mortgage Balance
$0Estimated Equity
-5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,095 /month
Positive
Cash Flow Estimate:
$1,698 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,409/month
$700/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,660
$849,233
2025
$150,000
$699,233
$849,233
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,660
$849,233

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Horizon Bank
Conventional
$895,000
No
First
Mar 22, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$871,933
N/A
0%
103%
$5,581/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,060/mo
$6,281/mo
$-3,221/mo
4.3%

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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404 Benwick Way | Property Details | No Agent List