1506 615, Orem, UT 84058
4BD/—BA Residential in Orem, UT 84058. 2,084 sqft. Built 2018. Listed at $499,900. MLS #2158663.
4BD/—BA Residential in Orem, UT 84058. 2,084 sqft. Built 2018. Listed at $499,900. MLS #2158663.
A blend of modern style and convenience, this beautifully designed townhome at Lexington Towns by D.R. Horton offers exceptional living in the heart of Utah County. Ideally located just minutes from Utah Valley University, shopping centers, and easy freeway access, this 4-bedroom, 3-bathroom home combines comfort, functionality, and location. The spacious open-concept floor plan creates a bright and inviting atmosphere throughout, while the oversized kitchen island provides the perfect space for entertaining, gathering, and everyday living. 2 car garage with additional parking space near the club house. Whether you're searching for a smart investment opportunity near UVU or a stylish primary residence, this townhome offers exceptional value, convenience, and livability. Square footage figures are provided as a courtesy estimate only, from county records. Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-mid
Stories
3
County
Utah
Lot Size
0.02 sq ft
Above Grade Area
2,084 sq ft
Condition
Blt./Standing
MLS #
2158663
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-mid
Stories
3
County
Utah
Lot Size
0.02 sq ft
Above Grade Area
2,084 sq ft
Condition
Blt./Standing
MLS #
2158663
List Price
$499,900
HOA Fees
$265 / Monthly
Annual Taxes
$1,994
Home Warranty
No
List Price
$499,900
HOA Fees
$265 / Monthly
Annual Taxes
$1,994
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Flooring
Carpet,Vinyl
Basement
Slab
Appliances
Dryer,Refrigerator,Washer
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Forced Air,Gas: Central
Cooling
Central Air
Flooring
Carpet,Vinyl
Basement
Slab
Appliances
Dryer,Refrigerator,Washer
Water Source
Culinary
Sewer
Sewer: Connected
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Classification
Standard
Deal Score
45/100
vs Similar Homes
9% above
vs Market Median
7% above
Area Growth (YoY)
3.9%
Deal Score Breakdown
45/100
3.9% year-over-year ZHVI growth in this area
LT net cashflow -$118/mo (-3.3% return on ownership cost) · STR net cashflow -$1,091/mo (-30.4% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 7% above the per-subtype city median
Priced 9% above the median of similar listings
No price reduction from original list
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Why this classification
Monthly Rent
$3,944/mo
Range: $3,483 – $4,404
Net Monthly Cash Flow
−$118 /mo (−$1,413/yr)
Monthly rental income
Monthly ownership cost
Coverage
110%
Net /mo
−$118
DSCR
1.39
Est. Annual Revenue
$42,813/yr
$364/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,090 /mo (−$13,080/yr)
Monthly STR income
Monthly ownership cost
Coverage
99%
Net /mo
−$1,091
DSCR
1.00
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$502,000
-0% vs median
52 days
161
$249,000 – $3,150,000
$1,994
$265/monthly
Moderate
9.5
per 1,000
25.1
per 1,000
9.6
per 1,000
44.2
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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