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$2,999,959

729 N Cowan Ave, Lewisville, TX, 75057

On MarketInfo
Just AddedInfo
CommercialInfo
Baths0 Bath
Baths7,125 Sq Ft
IndustrialIndustrial
Year BuiltBuilt in 2002

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available
FlooringConcrete

Exterior

Lot Size37,557 sqft

Building Information

Year Built2008
Stories1
Roof Type112
Garage Spaces30

Land Information

APNR192691
Lot Number3
SubdivisionLester-Mckee Addn
Land UseCommercial
Legal DescriptionLESTER-MCKEE ADDN BLK A LOT 3
Census Tract021618
Assessed Land Value$287,303
Assessed Improvement Value$433,336
Assessment Year2025

About this property

729 N. Cowan Avenue presents a rare opportunity to acquire a highly functional industrial property in Lewisville, Texas. Situated on 2.12 acres and zoned Light Industrial (LI), the property combines immediate investment income with exceptional owner-user flexibility, making it an attractive acquisition for investors, contractors, manufacturers, logistics companies, and expanding industrial businesses. The property features approximately 7,200 square feet of warehouse space with 22-foot clear heights, 14 foot rolling door height, 3-phase electrical service, and more than six grade-level overhead doors, providing efficient workflow for manufacturing, warehousing, fleet operations, fabrication, and distribution. Complementing the warehouse is a 1,330-square-foot office building that is currently leased, generating immediate rental income while allowing the warehouse facility to be occupied by an owner-user or leased independently. This dual-income configuration creates an ideal balance between operational flexibility and investment performance. This property includes multiple parcels and another .60 acres available if needed.

Investor Tools

Property Icon
$720,639
Estimated Property Value
$0Estimated Mortgage Balance
$720,639Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$18,000 /month
Positive
Cash Flow Estimate:
$6,000 /month

Interested in this property?

Ryan Collinsworth

Keller Williams Realty-FM

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,335/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,415
$720,639
2025
$287,303
$433,336
$720,639
No

Tax History

Year
Tax Paid
Assessed Value
2025
$12,415
$720,639

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$720,639
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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729 N Cowan Ave | Property Details | No Agent List