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$248,550

NAL Estimated Property Value

1029 Tracy Ln, Lancaster, TX, 75134

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,446 Sq Ft
price_per_sqft$179.74 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

BankruptcyOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size7,200 sqft

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces2

Land Information

APN36074500090240000
Lot Number24
SubdivisionPleasant Manor
Land UseResidential
Legal DescriptionPLEASANT MANOR ESTATES UNIT 1 BLK 9 LT 24 INT202400062158 DD03262024 CO-DC 0745000902400 4CN07450009
Census Tract016706
Assessed Land Value$60,000
Assessed Improvement Value$188,550
Assessment Year2025

About this property

Pending Release Of Contract Back on Market With Price Decrease !!!This is your opportunity to acquire an exceptional 3-bedroom 2 bath home that is freshly painted inside and out gorgeous laminate floors and ceramic tile wet areas. Oversized master in suite bath, separate utility room with additional storage, oversized rear entry two car garage with garage door opener. Enjoy outside entertainment with a large yard plus an extended open patio. Entertaining is easy with an oversized den and harp woodburning fireplace. You will love the spacious galley kitchen with inviting breakfast nook. The property is situated on a nice, landscaped lot with mature trees and shrubs. Conveniently located near Highways schools and shops.

Investor Tools

Property Icon
$248,550
Estimated Property Value
$272,305Estimated Mortgage Balance
$248,550Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,559 /month
Positive
Cash Flow Estimate:
$520 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$454/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,202
$248,550
2025
$60,000
$188,550
$248,550
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,202
$248,550

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of New York Trust Co Na
Stand Alone Second / Subordinate Position
$7,748
No
First
Mar 26, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$272,305
N/A
0%
110%
$1,647/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,647/mo
+$325/mo
9.5%

City: Lancaster

1029 Tracy Ln | Property Details | No Agent List