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571 Waterloo Drive

Lewisville, TX 75067
  • $465,000
  • STATUS: Active
  • ON SITE: 44 Days
  • ID#: 20097631
Price Reduced
UPDATED: 76 min ago
$465,000
  • 3
    BEDS
  • 0.06
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 2,000
    SQFT
  • $233
    $/SQFT
Type:
Townhouse
Built:
2016
County:
Area:

School Information

High School:
School District:
Offered by Matthew Drahos of Offerpad Brokerage, Llc.

Description

Buy and Hold Investors welcome! This wonderful, leased, end-unit townhome is a perfect rental property for the investor looking for something easy to maintain. Built in 2016, the HOA maintains exterior of the structure provides blanket insurance and full use of facilities. 18-month lease in place thru October of 2023 and is currently being managed for a low monthly fee. See the attached financials summary from the seller; at current lease amount is approximately 4.3% Cap Rate not including debt service. Copy of lease and management agreements available upon request. This home has many desirable features, including upgraded kitchen and baths, elegant finishes, beautiful hardwood floors, plantation shutters, fireplace in living room and master bedroom, jetted tub, high ceilings, patio and balcony, and the interior was recently painted. Walking path to the community pool. Nestled in a gated community at perfect location near I-35E and 121 for easy commutes and quick access to DFW Airport.

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© 2022 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' 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 is not guaranteed accurate by the MLS or Homes By Lainie Real Estate Group. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Homes By Lainie Real Estate Group are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-08-11T10:41:49.92.
www.homesbylainie.com/homes/130323853
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571 Waterloo Drive Lewisville, TX 75067

  • Price: $465,000
  • Status: Active
  • On Site: 44 Days
  • Updated: 76 min ago
  • ID#: 20097631
3
Beds
2
Baths
1
½ Baths
0.06
Acres
2,000
SQFT
$233
$/SQFT
2016
Built
Neighborhood:
The Manors At Vista Ridge I Ad
County:
Denton
Area:
Lewisville
High School:
Lewisville
School District:
Lewisville ISD
Property Description
Buy and Hold Investors welcome! This wonderful, leased, end-unit townhome is a perfect rental property for the investor looking for something easy to maintain. Built in 2016, the HOA maintains exterior of the structure provides blanket insurance and full use of facilities. 18-month lease in place thru October of 2023 and is currently being managed for a low monthly fee. See the attached financials summary from the seller; at current lease amount is approximately 4.3% Cap Rate not including debt service. Copy of lease and management agreements available upon request. This home has many desirable features, including upgraded kitchen and baths, elegant finishes, beautiful hardwood floors, plantation shutters, fireplace in living room and master bedroom, jetted tub, high ceilings, patio and balcony, and the interior was recently painted. Walking path to the community pool. Nestled in a gated community at perfect location near I-35E and 121 for easy commutes and quick access to DFW Airport.
Exterior Features

Carport Spaces 0 Construction Brick Covered Spaces 2 Exterior Features BalconyRain Gutters Fencing Wrought Iron Foundation Slab Housing Type Condo/Townhome Lot Description Subdivision Parking Or Garage 2-Car Double DoorsGarageGarage Faces FrontInside Entrance Pool On Property No Roof Composition Soil Type Unknown Style Traditional

Interior Features

Appliances DishwasherDisposalElectric OvenGas CooktopGas Water HeaterMicrowaveVented Exhaust Fan Attached Garage Yes Basement No Cooling Ceiling Fan(S)Central AirElectricZoned Dining Areas 1 Fireplace Features Gas Logs Fireplaces 2 Flooring CarpetTileWood Garage Yes Handicap YN No Heating CentralNatural GasZoned Interior Features Cable Tv AvailableFlat Screen WiringHigh Speed Internet Available Living Areas 1 Rooms Master Bedroom (2 Level) Living Room (2 Level) Bedroom (1 Level) Bedroom (1 Level) Window Features Plantation Shutters

Property Features

Accessory Unit YN No Alarm Or Security Type BurglarCarbon Monoxide Detector(S)Fire AlarmFire Sprinkler SystemSecurity System OwnedSmoke Detector(S) Common Features Community PoolSidewalks Construction Status Preowned HOA Mandatory Hoa Billing Freq Semi-Annual Hoa Dues 1000 Hoa Includes Full Use Of FacilitiesInsuranceMaintenance GroundsMaintenance StructureManagement Fees HOAManagement Company Sbb Management HOAManagement Company Phone 972-960-2800 Levels Two List MLSProvider Metrotex Association Of Realtors Listing Terms CashConventional Municipal Utility District No Possession Closing/FundingLease Outstanding Property Attached Yes Property Type Townhouse Senior Community No Unexempt Taxes 6784 Utilities Cable AvailableCity SewerCity WaterConcreteCurbsSidewalk Will Subdivide No

North Texas Real Estate Information Systems MLS logo Listing information © 2022 North Texas Real Estate Information System.


© 2022 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' 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 is not guaranteed accurate by the MLS or Homes By Lainie Real Estate Group. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Homes By Lainie Real Estate Group are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-08-11T10:41:49.92.
 
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Homes By Lainie Real Estate Group
417 Georgetown Road
Pottsboro TX, 75076
Offered by Matthew Drahos of Offerpad Brokerage, Llc.