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$659,000

NAL Estimated Property Value

417 Palamedes St, Lewisville, TX, 75056

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,656 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.28 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee OwnerHigh 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, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Lot Size4,818 sqft

Building Information

Year Built2017
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR631638
Lot Number29
SubdivisionCastle Hills Phase 8 Section A
Land UseResidential
Legal DescriptionCASTLE HILLS PHASE 8 SECTION A BLK D LOT 29
Census Tract021653
Assessed Land Value$144,480
Assessed Improvement Value$509,403
Assessment Year2025

About this property

Beautiful move-in ready home in CASTLE HILLS community features 4 bedrooms, including master bedroom downstairs, 3 and a half baths, along w a game room & a dining area, situated on an interior lot. The foyer boasts stunning high ceilings, while the bathrooms are equipped with quartz countertops and oversized bedrooms. Custom wood cabinets, beautiful granite countertops, stainless steel appliances, tiled backsplash, and gorgeous wood floors adorn the kitchen. Throughout the house, there are upgraded carpets as well as tiles in wet areas, and it also includes fully owned Solar panels to reduce power or utility bills. This extraordinary home is a rare find due to the close proximity of a highly rated STEM elementary school. Key upgrades are solar panels, water softener, filtered water in kitchen, new carpet, freshly painted walls, and stained kitchen cabinets! Washer, dryer, and fridge included!

Investor Tools

Property Icon
$659,000
Estimated Property Value
$357,852Estimated Mortgage Balance
$301,148Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,954 /month
Positive
Cash Flow Estimate:
$1,318 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,103/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,943
$653,883
2025
$144,480
$509,403
$653,883
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,943
$653,883

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$370,000
No
First
Jul 25, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$357,852
$301,148
45%
54%
$2,219/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,060/mo
$2,219/mo
+$841/mo
5.6%

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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417 Palamedes St | Property Details | No Agent List