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$746,000

409 Palamedes Street, Lewisville, TX, 75056

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,165 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$235.7 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

High EquityMove-In Ready

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, Gas Water Heater, Vented Exhaust Fan
FlooringCarpet, Hardwood, Tile

Exterior

Lot Size4,818 sqft

Building Information

Year Built2016
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR631636
Lot Number27
SubdivisionCastle Hills Phase 8 Section A
Land UseResidential
Legal DescriptionCASTLE HILLS PHASE 8 SECTION A BLK D LOT 27
Census Tract021653
Assessed Land Value$144,480
Assessed Improvement Value$568,888
Assessment Year2025

About this property

NORTHWEST FACING. Welcome to your dream home in The Colony! This stunning 4-bedroom, 3.5-bath home with a dedicated media room and flexible bonus space is better than new and truly move-in ready. Perfectly located just minutes from Hwy 121, you’ll enjoy quick access to premier shopping, fine dining, and entertainment. Inside, you'll find beautiful hardwood flooring throughout the main living areas, an open-concept layout, spacious bedrooms, and a versatile main-level flex space—ideal for a home office, playroom, or additional lounge area. The chef’s kitchen is designed to impress, featuring sleek granite countertops, abundant cabinetry, and an oversized island that flows seamlessly into the living room. A striking fireplace anchors the space, creating the perfect setting for entertaining or relaxing evenings at home. The first-floor primary suite offers a peaceful retreat, complete with a large walk-in closet, dual sinks with ample cabinet storage, and a modern walk-in shower. Upstairs, you’ll find generously sized secondary bedrooms and a dedicated media room, ideal for movie nights or game day gatherings. With thoughtful finishes, modern design, and a prime location, this home checks every box. Don’t miss your opportunity to call this beauty home—schedule your private tour today!

Investor Tools

$280,319Estimated Mortgage Balance
$458,681Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,476 /month
Positive
Cash Flow Estimate:
$1,492 /month

Interested in this property?

David Tung

Axial Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,177/month
$1,379/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,427
$696,873
2025
$144,480
$568,888
$713,368
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,427
$696,873

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Lending Partners Llc
Conventional
$352,000
No
First
Oct 12, 2016
Nov 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$280,319
$458,681
62%
38%
$2,111/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,060/mo
$3,490/mo
$-430/mo
5.0%

City: Lewisville

409 Palamedes Street | Property Details | No Agent List