This 3-bed, 2-bath, 1,854 sqft home in Lewisville is listed at $200K and needs a full gut and remodel. Nearby comps of similar size and layout are selling for $270K–$326K, with price per sqft ranging from $209–$221. The property’s low price per sqft ($108) reflects its condition, but it sits in a solid neighborhood with steady demand and quick sales.
For flippers, there’s strong margin potential if the renovation can be completed efficiently and within budget—especially since after-repair values appear to be in the $300K range. If you’re the current owner, focusing on essential repairs and cosmetic upgrades could yield a great return, given the local sales trends. Just watch your rehab costs and timeline.