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$421,350

NAL Estimated Property Value

1018 April Showers Lane, Lancaster, TX, 75134

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths4,020 Sq Ft
price_per_sqft$64.65 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Vinyl

Exterior

Lot Size8,000 sqft

Building Information

Year Built2005
Stories2
Roof Type105
Garage Spaces2

Land Information

APN36067900AA0150000
Lot Number15
SubdivisionMeadowview Phase
Land UseResidential
Legal DescriptionMEADOWVIEW PHASE 5 BLK AA LT 15 INT201900263235 DD09302019 CO-DC 067900AA01500 4CN067900AA
Census Tract016708
Assessed Land Value$60,000
Assessed Improvement Value$361,350
Assessment Year2025

About this property

Move in ready home with that features five bedrooms with a large game room upstairs. Upon entering the home you will see an oversized living area that is shared with the dining room. The kitchen opens the breakfast room and den with cozy fireplace. A master bedroom on the first floor features a Texas-sized master bedroom walk-in closet. The second floor features four bedrooms, two full baths, and a game room. A covered patio and fenced yard make this the perfect place outdoor entertainment.

Investor Tools

Property Icon
$421,350
Estimated Property Value
$215,665Estimated Mortgage Balance
$205,685Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,528 /month
Positive
Cash Flow Estimate:
$843 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$653/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,735
$421,350
2025
$60,000
$361,350
$421,350
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,735
$421,350

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Fha
$248,417
Yes
First
Sep 30, 2019
Oct 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$215,665
$205,685
48%
51%
$1,490/mo

Learn About the Market: Opportunity in Texas

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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.

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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: Lancaster

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1018 April Showers Lane | Property Details | No Agent List