$83,000
●
House -
Off Market
7630 Lakeview Drive
The Colony, TX 75056
2 Beds
2 Baths
1,278 Ft²
$94,222
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model
About This Property
Welcome to your cabin at the lake, fixer-upper. This home is
priced to sell in its as-is condition and oozing with potential.
Just steps away from Lake Lewisville, in beautiful Garza Lake
Estates. Bring your ideas, imagination and the sky is the
limit! Currently, the home offers 2 bedrooms and 2 bathrooms with a
large detached, 2-story garage. Located in Lewisville ISD.
The seller will make no repairs. Cash or private lending
only.
Call Margo Broughton for questions. Send offers to [email protected]
Title Company 4290 Westport Dr. The Colony, TX 75056 Ann Blair [email protected]
Call Margo Broughton for questions. Send offers to [email protected]
Title Company 4290 Westport Dr. The Colony, TX 75056 Ann Blair [email protected]
Unit Size
1,278 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$65
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1947
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 6 months ago (NTREIS #14628510)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 20, 2025 | No longer available | - | |
| No longer available | |||
| Apr 20, 2025 | Listed by Nada Homes | $175,000 | |
| Listed by Nada Homes | |||
| | |||
|
This exceptional residential lot offers the perfect blend of tranquility and convenience. While not directly on the water, the property boasts stunning views of Lake Lewisville, providing a peaceful and picturesque backdrop for your future home. Nestled in a highly desirable area, this lot is just steps from the lake, allowing for easy access to all the beauty and recreation it has to offer.
Utilities accessible from previous home that was scrapped.
At the rear of the property, you'll find a spacious two-story detached garage on a slab, offering ample storage and versatile space for all your needs.
Location couldn't be better! With a quick and easy commute to Dallas, Denton, Frisco, and other northern Metroplex cities, you'll enjoy all the benefits of lake life living without sacrificing access to urban amenities. Zoned for residential building, this lot presents an exciting opportunity to design and build your dream home in a rapidly growing area.
Don't miss out on this rare chance to own a beautiful piece of land with incredible potential.
| |||
| Sep 17, 2021 | Sold | ||
| Sold | |||
| Jul 18, 2021 | Listed by Matt Patterson Real Estate | $83,000 | |
| Listed by Matt Patterson Real Estate | |||
| | |||
|
Welcome to your cabin at the lake, fixer-upper. This home is priced to sell in its as-is condition and oozing with potential. Just steps away from Lake Lewisville, in beautiful Garza Lake Estates. Bring your ideas, imagination and the sky is the limit! Currently, the home offers 2 bedrooms and 2 bathrooms with a large detached, 2-story garage. Located in Lewisville ISD. The seller will make no repairs. Cash or private lending only.
Call Margo Broughton 713-898-3497 for questions. Send offers to [email protected]
Title Company 4290 Westport Dr. The Colony, TX 75056 214-295-6968 Ann Blair [email protected]
| |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
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About Garza Lake Estates
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Listed by: Matthew Patterson, Matt Patterson Real Estate
Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14628510
Details provided by NTREIS and may not match the public record
Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14628510
Details provided by NTREIS and may not match the public record
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