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$959,529

1055 Creek Bend Ln, Lucas, TX, 75002

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,336 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$383.13 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Water Purifier, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Ice Maker, Microwave, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters, RV Hookup, Storage
Lot Size3.86 acres

Building Information

Year Built1983
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-1571-000-0290-1
Lot Number29
SubdivisionWillow Creek Acres (Unrecorded) (Clu)
Land UseResidential
Legal DescriptionWILLOW CREEK ACRES (UNRECORDED) (CLU), LOT 29
Census Tract031419
Assessed Land Value$833,954
Assessed Improvement Value$125,575
Assessment Year2025

About this property

This is a special property with no HOA on 3.86 acres. Creek and woods along the back of it and lots of cleared, open space toward the front and side, making it easier to build out or bring other structures on. Lots of potential with all this acreage; plenty of space for your chickens, horses, or goats. This property is like a backyard nature preserve with secluded trails along the creek. While you dream up even more possibilities, enjoy a beautiful house that has been completely remodeled over the past few years with updated flooring, fresh paint, modern fixtures and engineered quartz counter tops, double pane windows, smart features, fans galore, new roof and gutters. Kitchen has loads of cabinets and soft close drawers plus SS appliances including built-in icemaker. Dining space is perfectly situated in front of a gorgeous picture window for soaking in the view. Downstairs also includes a living room, full size laundry room, the primary bedroom and en-suite bathroom, one more bedroom with access to a full bathroom, and a private office with dedicated water source to make filling a coffee maker easier. Upstairs has two bedrooms and another full bathroom. Power, water, and Ethernet have been run to the fire pit down by the creek; it's like having a private campsite in your backyard. Power has also been run to another section of the property, which could make for a good future workshop spot. This lot could be a perfect opportunity for building a large pond. Check out the 24x21 detached garage, 8 person hot tub, swing set, and RV elec hookup. See more features and updates in Transaction Desk.

Investor Tools

Property Icon
$959,529
Estimated Property Value
$0Estimated Mortgage Balance
$959,529Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,757 /month
Positive
Cash Flow Estimate:
$1,919 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,706/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,678
$959,529
2025
$833,954
$125,575
$959,529
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,678
$959,529

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$959,529
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,570/mo
N/A
+$2,570/mo
3.2%

Learn About the Market: Opportunity in Texas

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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: Lucas

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1055 Creek Bend Ln | Property Details | No Agent List