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$780,000

642 Jernigan Rd, Lewisville, TX, 75077

$876,089 ARVInfo
On MarketInfo
Baths2 Bath
Baths3,078 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 1978

Highlights

Interior

Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1 acre

Building Information

Year Built1978
Stories1
Roof Type104
Garage Spaces5

Land Information

APNR19797
SubdivisionJ. Edmonson
Land UseResidential
Legal DescriptionA0398A J. EDMONSON, TR 30, 1.0 ACRES, OLD DCAD TR# 38
Census Tract021719
Assessed Land Value$73,668
Assessed Improvement Value$625,050
Assessment Year2025

About this property

Four stunning acres located off of one of the prettiest roads in southern Denton County. Overlooking a lovely pond, mature tree-line, and adjacent acreage, this land is ideal for development into an amazing residential estate property. Whether you envision an elegant estate home with formal walls and gardens, a large country home with room for a barn and animals, or an entertainment centered showplace with expansive pool, tennis or pickleball court, and multiple oversized garage bays for all of your favorite toys, this acreage is the ideal blank canvass upon which to create your ideal home in one of the most exciting corners of Texas. Mere minutes from incredible shopping and dining options, while simultaneously maintaining the charm of Texas country living, sometimes it is possible to have the best of both worlds. Bring your friends, family, builder, architect, and your dreams.

Investor Tools

$0Estimated Mortgage Balance
$807,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$876,089
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,842 /month
Positive
Cash Flow Estimate:
$1,614 /month

Interested in this property?

Christopher Mays

Briggs Freeman Sotheby's Int'l

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$355/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$223
$68,105
2025
$73,668
$625,050
$698,718
No

Tax History

Year
Tax Paid
Assessed Value
2025
$223
$68,105

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$807,000
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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642 Jernigan Rd | Property Details | No Agent List