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$332,750

528 Timber Way Dr, Lewisville, TX, 75067

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,405 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.57 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave, Refrigerator
FlooringCarpet, Wood

Exterior

Lot Size3,999 sqft

Building Information

Year Built1996
Stories2
Roof Type105
Garage Spaces1

Land Information

APNR170323
Lot Number29
SubdivisionTimber Valley Estates Ph Iii
Land UseResidential
Legal DescriptionTIMBER VALLEY ESTATES PH III BLK A LOT 29
Census Tract021732
Assessed Land Value$56,000
Assessed Improvement Value$277,412
Assessment Year2025

About this property

Welcome to 528 Timber Way Drive, a beautifully designed home located in the vibrant city of Lewisville, TX. This residence offers 1,405 square feet of practical and stylish living space, crafted for those who value both comfort and functionality. Inside, this home features three spacious bedrooms and two modern bathrooms, providing ample space for relaxation. The second-story loft adds an extra dimension of versatility, perfect for use as a home office, entertainment area, or personal retreat. Essential amenities include a refrigerator and in-unit washer and dryer, ensuring everyday convenience. Stay comfortable year-round with central air conditioning. The property also features an attached garage and additional parking, providing security and ease for your vehicles. The pets-conditional policy adds an extra layer of flexibility for those with furry companions. Experience smart living in a home where every feature is curated to enhance your lifestyle. Discover the comfort and style of 528 Timber Way Drive, where vibrant living awaits you. Walking distance to schools.

Investor Tools

Property Icon
$332,750
Estimated Property Value
$140,000Estimated Mortgage Balance
$223,661Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,997 /month
Positive
Cash Flow Estimate:
$666 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$480/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,100
$332,750
2025
$56,000
$277,412
$333,412
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,100
$332,750

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$140,000
No
First
Jan 29, 2016
Feb 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$109,089
$223,661
67%
33%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
N/A
+$2,150/mo
7.8%

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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528 Timber Way Dr | Property Details | No Agent List