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$270,081

NAL Estimated Property Value

531 Mullins, Lewisville, TX, 75057

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,122 Sq Ft
price_per_sqft$249.55 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating GasHeating Gas
AppliancesDishwasher, Disposal, Gas Range
FlooringLaminate, Wood

Exterior

Lot Size10,498 sqft

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR05519
Lot Number9
SubdivisionPrairie Heights
Land UseResidential
Legal DescriptionPRAIRIE HEIGHTS BLK A LOT 9
Census Tract021618
Assessed Land Value$94,500
Assessed Improvement Value$175,581
Assessment Year2025

About this property

Darling 2 bedroom home with extra flex space in the heart of Old Town Lewisville! Walking distance to splash pad, playground, dining, historical buildings, and cultural entertainment. Enjoy spacious living area with flowing floorplan to galley kitchen featuring stainless steel appliances with gas range. Bedrooms share full bath with shower & tub combo, updated lighting, framed mirror and built in cabinets. Oversized fenced yard with storage shed, beautiful mature shade trees and ample space for pets or kids to enjoy. One-car garage, but plenty of street parking. Conveniently located to train station, 35E, and flourishing walkable city center. Reach out today to schedule a tour. This little gem is a great opportunity!

Investor Tools

Property Icon
$270,081
Estimated Property Value
$260,446Estimated Mortgage Balance
$9,635Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$404/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,502
$270,081
2025
$94,500
$175,581
$270,081
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,502
$270,081

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Fha
$260,200
Yes
First
Oct 22, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$260,446
$9,635
3%
96%
$1,608/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,608/mo
+$32/mo
7.3%

City: Lewisville

531 Mullins | Property Details | No Agent List