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$281,000

NAL Estimated Property Value

7619 Lakeview Dr, The Colony, TX, 75056

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,355 Sq Ft
price_per_sqft$184.5 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Water Heater, Gas Cooktop, Gas Oven, Refrigerator
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesAwning(s), Rain Gutters, Private Yard, Storage
Lot Size4,661 sqft

Building Information

Year Built1982
Stories1
Roof Type105

Land Information

APNR08947
Lot Number8
SubdivisionGarza Lake Estates
Land UseResidential
Legal DescriptionGARZA LAKE ESTATES BLK 13 LOT 8
Census Tract021516
Assessed Land Value$90,948
Assessed Improvement Value$157,782
Assessment Year2025

About this property

Great home for new buyers to make it their own with a little TLC, or an opportunity for an investor to fully remodel to resell or rent. Prime location just blocks from Lake Lewisville, with a brand new park being built right behind it. You can even catch lake views from the front yard! Floorplan offers a spacious living room as you enter the home, the primary and secondary bedrooms complete the left wing with a full bath, kitchen opens up to a dining and living space that shares the right wing of the home with a flex room (or third bedroom) connected to utility room. Grassy, open backyard with a shaded patio and a new fence (2019). Brand new roof and completed foundation repairs (February, 2024) with optional warranties available. Attic insulation and HVAC repaired in 2019. Being sold as is. Don't miss out on this fantastic opportunity!

Investor Tools

Property Icon
$281,000
Estimated Property Value
$232,216Estimated Mortgage Balance
$48,784Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,686 /month
Positive
Cash Flow Estimate:
$562 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$444/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,921
$248,730
2025
$90,948
$157,782
$248,730
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,921
$248,730

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Fha
$241,656
Yes
First
Mar 22, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$232,216
$48,784
17%
83%
$1,449/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,340/mo
$1,449/mo
+$891/mo
10.0%

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: The Colony

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7619 Lakeview Dr | Property Details | No Agent List