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$297,000

NAL Estimated Property Value

606 W Purnell Road, Lewisville, TX, 75067

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,284 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$167.45 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1.5Bathrooms Full 1.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size9,113 sqft

Building Information

Year Built1965
Stories1
Roof Type105
Garage Spaces3

Land Information

APNR02187
Lot Number11
SubdivisionRolling Ridge
Land UseResidential
Legal DescriptionROLLING RIDGE BLK B LOT 11
Census Tract021744
Assessed Land Value$57,620
Assessed Improvement Value$197,300
Assessment Year2025

About this property

Original owner designed this 1 story brick home built in 1965 with true craftsmanship that has been meticulously maintained while preserving the classic look & charming features. Main house with 3 beds, 2 baths, a large living area, kitchen, dining room, utility closet & an attached 1 car garage. The detached guest quarters features a generous size bedroom, full bath & a 2-car, extra long garage with a double overhead door in front & a single overhead door in back great for use as a workshop. A 16x14 shed beautifully accenting the home is a wonderful place to store outdoor toys & lawn equipment. Extra long driveway is perfect for additional parking. Premium corner location 1 block from I-35 & 3 blocks from Main

Investor Tools

Property Icon
$297,000
Estimated Property Value
$187,100Estimated Mortgage Balance
$109,900Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,782 /month
Positive
Cash Flow Estimate:
$594 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$415/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,499
$254,920
2025
$57,620
$197,300
$254,920
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,499
$254,920

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$211,460
No
First
Jun 22, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$187,100
$109,900
37%
63%
$1,268/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,268/mo
+$882/mo
8.7%

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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606 W Purnell Road | Property Details | No Agent List