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$293,746

NAL Estimated Property Value

987 Downey Dr, Lewisville, TX, 75067

Recently SoldInfo
7/15/26
Beds3 Beds
Baths2 Bath
Baths1,318 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$211.68 / sqft
Year BuiltBuilt in 1987

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
AppliancesDishwasher

Exterior

Lot Size6,299 sqft

Building Information

Year Built1987
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR118766
Lot Number6
SubdivisionValley Vista 1
Land UseResidential
Legal DescriptionVALLEY VISTA 1 BLK E LOT 6
Census Tract021731
Assessed Land Value$80,325
Assessed Improvement Value$215,414
Assessment Year2025

About this property

HIGHEST AND BEST BY MONDAY JUNE 8TH 3PM!! Welcome to this charming 3-bedroom, 2-bath home in an established Lewisville neighborhood. Offering 1,318 square feet of living space, this property features a functional floor plan, spacious backyard, and a convenient location close to shopping, dining, schools, and major highways. This home offers a fantastic opportunity for buyers looking to add their own personal touches. While it could benefit from some cosmetic updates and TLC, it has great potential and is priced to reflect the opportunity. Whether you’re a first-time homebuyer, investor, or someone looking to create your dream home, this property is full of possibilities.

Investor Tools

Property Icon
$293,746
Estimated Property Value
$0Estimated Mortgage Balance
$66,873Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,762 /month
Positive
Cash Flow Estimate:
$587 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$547/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,095
$293,746
2025
$80,325
$215,414
$295,739
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,095
$293,746

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$293,746
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
N/A
+$2,150/mo
8.8%

City: Lewisville

987 Downey Dr | Property Details | No Agent List