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$328,000

845 Madison Dr, Lewisville, TX, 75067

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,457 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$205.9 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator
FlooringCeramic Tile, Granite

Exterior

Lot Size7,161 sqft

Building Information

Year Built1975
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR00982
Lot Number37
SubdivisionSerendipity Village 3
Land UseResidential
Legal DescriptionSERENDIPITY VILLAGE 3 BLK N LOT 37
Census Tract021745
Assessed Land Value$60,860
Assessed Improvement Value$210,944
Assessment Year2025

About this property

Looking for your dream home? This well-maintained single story 3 bedroom, 2 bath home, 2 car garage, a single owner and an expanded driveway is a hidden gem! Strategically located in an established Lewisville. Private backyard with lush greenery for gatherings or solitude. Spacious layout filled with natural light for relaxation and entertainment. Close to I-35 and 121 highways, shopping, dining, and schools for convenience. Don't miss out on this exceptional Lewisville residence. Schedule a showing today and experience suburban living at its finest!

Investor Tools

Property Icon
$328,000
Estimated Property Value
$289,656Estimated Mortgage Balance
$49,205Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,968 /month
Positive
Cash Flow Estimate:
$656 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$179/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$505
$271,804
2025
$60,860
$210,944
$271,804
No

Tax History

Year
Tax Paid
Assessed Value
2024
$505
$271,804

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Funding Lp
Fha
$289,656
Yes
First
Apr 9, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$278,795
$49,205
15%
85%
$1,737/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,737/mo
+$413/mo
7.9%

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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845 Madison Dr | Property Details | No Agent List