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$1,017,771

NAL Estimated Property Value

1055 Mala Court, Lucas, TX, 75002

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,486 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$193.63 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Stone, Wood

Exterior

Exterior FeaturesLighting
Lot Size2 acres

Building Information

Year Built2001
Stories2
Garage Spaces3

Land Information

APNR-4287-002-0120-1
Lot Number12
SubdivisionHuntwick Addition Phase Ii (Clu)
Land UseResidential
Legal DescriptionHUNTWICK ADDITION PHASE II (CLU), BLK 2, LOT 12
Census Tract031419
Assessed Land Value$620,000
Assessed Improvement Value$397,771
Assessment Year2025

About this property

Beautiful custom home on 2 acres in Lovejoy ISD! This impressive home is tailored for stylish living and elegant entertaining. Stunning entry with custom iron staircase with custom floor to ceiling paneling. This home features hand scraped hardwood floors, plantation shutters, Wolf & Viking stainless steel appliances, limestone tile & granite counter tops, and other high-end finishes throughout. Living room features built in cabinets & shelving, and a large gas fireplace. Master suite down & all other beds up. Utility room boasts built-in cabinets & counter. Backyard features 1,000 square feet back patio with pavers and a built-in outdoor grilling station. This is a must see!

Investor Tools

Property Icon
$1,017,771
Estimated Property Value
$485,014Estimated Mortgage Balance
$532,757Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,107 /month
Positive
Cash Flow Estimate:
$2,036 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,501/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,927
$1,017,771
2025
$620,000
$397,771
$1,017,771
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,927
$1,017,771

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prime Choice Funding Inc
Conventional
$501,300
No
First
Dec 16, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$485,014
$532,757
52%
48%
$3,246/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$3,546/mo
$-196/mo
3.9%

City: Lucas

1055 Mala Court | Property Details | No Agent List