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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 1407 Summertime Trl, Lewisville, TX, 75067 with 5% annual appreciation on a $425,000 basis while $2,820/mo rent supports operations. 14% in year one. Equity gained on principal adds $2,742/yr, and five-year appreciation sums $117,420 alongside rental yield of 7.96%. Five-year ROI measures 94.56% and total cumulative return in cash totals $133,229. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,820/mo property income versus a $2,080/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1992
9,234 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 |
|---|---|---|
| 2024-10-17 | Listed for sale | $425,000 |
| 2024-09-10 | Listing removed | $447,000 |
| 2024-09-05 | Price change | $447,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-18 | $7127.76 | 15.26% | $409,956 | 25.80% |
| 2022-10-18 | $6183.85 | 7.22% | $325,870 | 12.16% |
| 2021-10-18 | $5767.27 | 1.34% | $290,530 | 2.90% |
Listed by: Sunny Darden • Compass RE Texas, LLC
Mls Name: NTREIS
Mls ID: #20755696
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.
