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$265,545

427 S Cowan Ave, Lewisville, TX, 75057

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths2,518 Sq Ft
BusinessBusiness
Year BuiltBuilt in 1955

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringTile, Wood

Exterior

Lot Size13,199 sqft

Building Information

Year Built1992
Stories1
Garage Spaces10

Land Information

APNR90535
Lot Number11,12
SubdivisionO B Dick
Land UseCommercial
Legal DescriptionO B DICK BLK 3 LOT 11,12(S84.36' EACH)
Census Tract021618
Assessed Land Value$52,788
Assessed Improvement Value$212,757
Assessment Year2025

About this property

About two blocks from Main Street and convenient to I-35. Needs work or tear down and rebuild on large lot. As-is. Three baths, four bedrooms or multi-use rooms, two kitchens, an office, and a sunroom in various states of finish. Has been used as a daycare in the past. Ample parking. Buyer to verify meaurements and zoning. If utilities are off, buyer shall be responsible for turning them on and paying for them if inspections are needed.

Investor Tools

Property Icon
$265,545
Estimated Property Value
$0Estimated Mortgage Balance
$265,545Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,734 /month
Positive
Cash Flow Estimate:
$578 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$491/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,563
$265,545
2025
$52,788
$212,757
$265,545
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,563
$265,545

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$265,545
100%
0%
$0/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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427 S Cowan Ave | Property Details | No Agent List