Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
Days43Days on Market
Views1view

$195,000

101 S Rita, Lacy Lakeview, TX, 76705

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,183 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$164.84 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesGas Cooktop, Gas Oven, Gas Water Heater

Exterior

Lot Size9,200 sqft

Building Information

Year Built1961
Stories1
Roof Type105
Garage Spaces5

Land Information

APN200356000033000
Lot Number1
SubdivisionNorthdale
Land UseResidential
Legal DescriptionNORTHDALE LOT 1 BLOCK 3 ACRES .2112
Census Tract003200
Assessed Land Value$31,100
Assessed Improvement Value$99,300
Assessment Year2025

About this property

Welcome to this 3 bedroom, 1.5 bath home in Lacy Lakeview, zoned to Connally ISD. Set on a large, corner lot and conveniently located near restaurants and entertainment. Property is currently tenant occupied. DO NOT DISTURB THE TENANT or GO TO THE PROPERTY WITHOUT AN APPOINTMENT. This property has had the following repairs: new HVAC 8-2025, new wall oven 10-2024, new hot water heater 4-2024, new roof 9-2023, two new toilets 5-2023, and a new sewer line for all underground plumbing to connection in front yard to the street 2-2023.

Investor Tools

$178,431Estimated Mortgage Balance
$569Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,170 /month
Positive
Cash Flow Estimate:
$390 /month

Interested in this property?

Melisa Wright

Redwood Real Estate, LLC

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$282/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,483
$130,400
2025
$31,100
$99,300
$130,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,483
$130,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Central National Bank
Investor Non-Conforming Loan
$180,000
No
First
Nov 18, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$178,431
$569
0%
100%
$1,080/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,080/mo
+$227/mo
8.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lacy Lakeview

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

101 S Rita | Property Details | No Agent List