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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Lewisville at 1311 Summertime Trl, Lewisville, TX, 75067 offers a 7.64% rental yield on a $450,000 purchase with $2,865/mo rent. 21% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 89.58% and total cumulative return in cash at $133,638. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,865/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
7,100 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75067, Lewisville, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,212 (100%) |
| Owner Occupied HU | 10,883 (37.3%) |
| Renter Occupied HU | 16,963 (58.1%) |
| Vacant Housing Units | 1,366 ( 4.7%) |
| Median Home Value | $370,654 |
| Average Home Value | $416,106 |
Residential
28,178
Single Family
13,229
Multi-Family
14,949
Businesses
1,728
Date | Event | Price |
|---|---|---|
| 2025-04-04 | Listed for sale | $450,000 |
| 2019-10-11 | Sold | N/A |
| 2019-09-26 | Pending sale | $305,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-04 | $5492.03 | 11.75% | $383,034 | 10.00% |
| 2023-04-04 | $4914.69 | -19.93% | $348,213 | 7.65% |
| 2022-04-04 | $6138.33 | 7.45% | $323,471 | 12.40% |
Listed by: Nicholas Bennett • MAGNOLIA REALTY
Mls Name: NTREIS
Mls ID: #20877956
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
