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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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614 S Edmonds Ln Unit 101 , Lewisville, TX 75067
$899,000
Est. Payment: $4,628.44/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 139
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Shovel-Ready 1.04-Acre Indoor Sports Facility Site - Lewisville, TX Skip the 12-18 month entitlement process. All civil and building permits are approved and in hand on this fully permitted, construction-ready parcel just off I-35 in one of DFW's strongest suburban submarkets. Zoned General Business and surrounded by established retail, commercial, and dense residential, this site is entitled for a 16,000 SF indoor sports facility accommodating pickleball, padel, golf, and fitness — saving a buyer significant soft costs and eliminating the single biggest risk in development: entitlement uncertainty. Location Advantage No Competitor Can Replicate - Central Lewisville positions this facility directly adjacent to Lewisville High School (4,162 students), two middle schools, and the LISD Learning Center — a built-in pipeline for youth programming, after-school leagues, and family memberships no competitor is positioned to capture. The average pickleball player is now 35 years old, matching the median age and income profile of surrounding neighborhoods. The opportunity isn't to enter an empty market — it's to own the best-located site in one that's already proven. Site Entitlement Specifications 16,000 SF, 25-29 ft clear height, 8-month build time Parking: 32 on-site plus up to 15 additional via adjacent lease at $1.88 per space per month Utilities: All available — service letters in hand Financial Highlights *Seller Financing Available* Purchase Price: $899,000 - With $530K down on a $2.65M total project; Proforma at Stabilization: $256K approx. annual income, 15.9% approx. cash-on-cash return, $3.65M approx. value at a 7% cap rate Own and operate or build and lease — all permits, utility letters, and proforma available upon request.

Highlights

Listed by Michael Smith , Airstream Realty LLC , North Texas Real Estate Information Systems

Property Type

Vacant Land

Lot/Acreage
1.04

County

Denton

Neighborhood

Quailcrest

School District

Lewisville ISD

Listing ID

21231640

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:Acreage,Cleared,Undivided,1 to < 3 Acres
Zoning:General Business
Principal Interest
$4,628
Taxes
$517

Home Price

$899,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$179,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,628.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,628.44 $516.83 $0.00 $5,145.28
Yearly $55,541.31 $6,202.00 $0.00 $61,743.31
Total $1,666,239.27 $186,060.00 $0.00 $1,852,299.27

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Lewisville, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T21:21:41.390Z

© 2026 North Texas Real Estate Information Systems