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4 Bed Pool Home Close to Lakes, Parks, and Med Center

1301 Colby Dr, Lewisville
ROI
25.30% IRR
Strategy
Short Term Rental
4 bed pool home close to lakes, parks, and med center. Located on a cul-de-sac with no direct neighbors. Built in 1997, roof is 8 years old. No HOA. Projected STR income is $75-85k. 2,587 sq ft 4 bed, 2.5 bath two story built in 1997. Bonus room upstairs and a flex room downstairs, inground pool out back, rooftop solar. Roof is 8 years old.

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4 Bed Pool Home Close to Lakes, Parks, and Med Center

Listed 02/06/2024

1301 Colby Dr, Lewisville

Purchase Price:$499,000

Cash Outlay:$146,730

Cashflow:$1,126/mo

Cap Rate:18.33%

IRR:25.30%

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