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$420,000

NAL Estimated Property Value

645 Woodcrest Ln, Lakewood Village, TX, 75068

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,972 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$212.98 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Lighting, Storage
Lot Size10,799 sqft

Building Information

Year Built1982
Stories1
Roof Type105
Garage Spaces4

Land Information

APNR84748
Lot Number2
SubdivisionLakewood Village Sec 3
Land UseResidential
Legal DescriptionLAKEWOOD VILLAGE SEC 3 BLK R LOT 2
Census Tract020115
Assessed Land Value$135,000
Assessed Improvement Value$217,233
Assessment Year2025

About this property

Views of the lake from your front porch! Brand new Lakewood Village Elementary! Golf cart friendly community! Welcome home and welcome to the Town of Lakewood Village. Nestled along the shores of Lake Lewisville, Lakewood Village is a small incorporated town just west of Little Elm. More than a neighborhood, it is a true community where neighbors look out for each other, celebrate together, and take pride in where they live. The sellers loved this town so much, they chose to stay close by and move just down the street. One of the newest additions to the community is Lakewood Village Elementary, located right here in town within the highly regarded Little Elm ISD, recognized as a District of Distinction for three consecutive years. Having the elementary school on-site makes drop-offs and pick-ups far less stressful, and in this golf cart friendly town, the morning routine can be as easy as a short ride through the neighborhood. This home was originally meant to be the sellers’ forever home, and they poured thought, care, and countless upgrades into it over the years. Beyond the natural light and modern updates throughout, you will love the peaceful location tucked away from major streets while still enjoying a front porch view of Lake Lewisville. Unlike many of the new construction homes being built nearby, this property offers both affordability and character, remodeled with love and ready for new memories. With a low property tax rate, a brand new school, a new town entrance, and easy access to I-35E and the Dallas North Tollway, Lakewood Village offers the connected, convenient lifestyle that makes it one of North Texas’s best-kept secrets. This is a home you will want to walk through, explore the area, and meet the neighbors who make this community special.

Investor Tools

Property Icon
$420,000
Estimated Property Value
$180,853Estimated Mortgage Balance
$239,147Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,520 /month
Positive
Cash Flow Estimate:
$840 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$460/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,422
$292,202
2025
$135,000
$217,233
$352,233
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,422
$292,202

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Waterloo Lending Llc
Conventional
$204,400
No
First
Jun 12, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$180,853
$239,147
56%
43%
$1,226/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,750/mo
$1,226/mo
+$2,524/mo
10.7%

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: Lakewood Village

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645 Woodcrest Ln | Property Details | No Agent List