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$306,100

NAL Estimated Property Value

1025 Lacey Lane, Sheridan, TX, 77475

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths990 Sq Ft
price_per_sqft$327.27 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDisposal, Electric Range
FlooringVinyl

Exterior

Lot Size1.00 acres

Building Information

Year Built2024

Land Information

APN2047704200000
Land UseResidential Single Family
Legal DescriptionA-477 W RENNEY 1.003 AC & HOUSE
Assessed Land Value$42,130
Assessed Improvement Value$263,970
Assessment Year2025

About this property

REDUCED- Nestled on 1.003 acs of picturesque land, this immaculate 2/2, 990 sq. ft. chic cabin, built in 2023, offers the perfect retreat for weekenders, full-time living or Vacation Rental. Open-concept design of the living, dining, & kitchen areas flow seamlessly. The kitchen has quartz countertops & breakfast bar. The primary bedroom offers an en-suite bath, while the second bedroom is spacious enough to accommodate two sets of bunk beds, perfect for guests. Unwind & enjoy the sunset from either the front or back porch, both generously sized at 8’x 30’. A 600 sf. back patio, fire pit, built-in gas grill & burner is perfect for entertaining. A 288 sf. storage bldg. w/an 8'x24’ covered area/carport completes this parcel. A sprinkler system around the home, public water & an aerobic septic system are in place. No flood plain or oilfield equip. Close by the highly acclaimed “Splashway Water Park” in Sheridan, TX and this one offers an easy commute to Houston, Austin, and San Antonio.

Investor Tools

Property Icon
$306,100
Estimated Property Value
$0Estimated Mortgage Balance
$306,100Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,944 /month
Positive
Cash Flow Estimate:
$648 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$531/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,837
$306,100
2025
$42,130
$263,970
$306,100
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,837
$306,100

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$306,100
100%
0%
$0/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: Sheridan

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