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$402,000

NAL Estimated Property Value

905 Shelby Ln, Lewisville, TX, 75056

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,640 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$228.66 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Lot Size1,703 sqft

Building Information

Year Built2016
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR279762
Lot Number18
SubdivisionLake Ridge Town Homes
Land UseResidential
Legal DescriptionLAKE RIDGE TOWN HOMES BLK D LOT 18
Census Tract021517
Assessed Land Value$68,200
Assessed Improvement Value$291,480
Assessment Year2025

About this property

Welcome to your dream home in the heart of Lewisville! This stunning 3-bedroom, 2.5-bath townhome is the epitome of modern elegance and convenience. Nestled in a vibrant community, this property offers the perfect blend of luxury and comfort. Upstairs, the master suite is a true sanctuary. Unwind in your private oasis featuring a spa-like ensuite bathroom with a soaking tub, separate glass-enclosed shower, and dual vanities. Two additional generously sized bedrooms share a well-appointed full bathroom, offering ample space for family, guests, or a home office. This townhome also includes an attached garage and ample storage, ensuring all your needs are met. Located in a sought-after neighborhood, you'll enjoy easy access to top-rated schools, shopping, dining, and recreational amenities. With its great design and prime location, this Lewisville townhome is more than a place to live—it's a lifestyle. Don’t miss your chance to make this exquisite property your new home!

Investor Tools

Property Icon
$402,000
Estimated Property Value
$290,614Estimated Mortgage Balance
$111,386Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,412 /month
Positive
Cash Flow Estimate:
$804 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$563/month
$2,400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,748
$359,680
2025
$68,200
$291,480
$359,680
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,748
$359,680

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Conventional
$300,000
No
First
Aug 26, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$290,614
$111,386
27%
72%
$1,799/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,340/mo
$4,199/mo
$-1,859/mo
7.0%

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: Lewisville

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905 Shelby Ln | Property Details | No Agent List