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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% |
Rental property for sale in Lewisville at 749 Walnut Dr, Lewisville, TX, 75067 priced at $315,000 converts $2,424/mo rent into $184/mo cash flow after a $1,542/mo obligation. Total monthly income equals $2,424/mo, and annual cash flow totals $2,205/yr on $104,423 invested. Return on cash invested prints 22.02% in year one, and rental yield reads 9.23% against a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation compiles into $87,029 by year five. Five-year ROI reaches 115.39% and total cumulative return in cash sums $120,497. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,424/mo property income covering a $1,542/mo payment, not borrower’s personal income.
Single Family
Built in 1980
7,840 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 |
|---|---|---|
| 2025-04-14 | Listed for sale | $315,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-14 | $1814.66 | -0.21% | $299,683 | 10.00% |
| 2023-04-14 | $1818.40 | -44.10% | $272,439 | 10.00% |
| 2022-04-14 | $3253.11 | -1.79% | $247,672 | 10.00% |
Listed by: Michael Redding • Keller Williams Realty DPR
Mls Name: NTREIS
Mls ID: #20902829
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.
