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$639,000

625 Somerset Dr, Lewisville, TX, 75056

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,450 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.39 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Convection Oven
FlooringCarpet, Laminate, Tile

Exterior

Lot Size3,101 sqft

Building Information

Year Built2021
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR750003
Lot Number10
SubdivisionCastle Hills Phase 10 Lewisville Additio
Land UseResidential
Legal DescriptionCASTLE HILLS PHASE 10 LEWISVILLE ADDITION BLK M LOT 10
Census Tract021654
Assessed Land Value$115,170
Assessed Improvement Value$442,023
Assessment Year2025

About this property

Beautiful townhome located in Castle hills Northpointe. Spacious and open concept kitchen has over-sized island, granite counter top, and large pantry for all your storage needs. All bedrooms plus the laundry room is located upstairs. Enjoy the master suite with large walk-in closet, over-sized shower. You can enjoy the Castle hills HOA amenities.

Investor Tools

Property Icon
$639,000
Estimated Property Value
$397,840Estimated Mortgage Balance
$275,698Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,834 /month
Positive
Cash Flow Estimate:
$1,278 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,035/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,231
$557,193
2025
$115,170
$442,023
$557,193
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,231
$557,193

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amwest Funding Corp
Conventional
$397,840
No
First
Oct 29, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$363,302
$275,698
43%
57%
$2,386/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,340/mo
$2,386/mo
$-46/mo
4.4%

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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625 Somerset Dr | Property Details | No Agent List