$2,367,184
NAL Estimated Property Value1100 Farmstead Court, Lucas, TX, 75002
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Double Oven, Gas Cooktop, Microwave, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Wood
Exterior
Exterior FeaturesFire Pit, Rain Gutters, Private Yard
Lot Size2.13 acres
Building Information
Year Built2020
Stories1
Garage Spaces3
Land Information
APNR-12018-00A-0010-1
Lot Number1
SubdivisionFarmstead, The (Clu)
Land UseResidential
Legal DescriptionFARMSTEAD, THE (CLU), BLK A, LOT 1
Census Tract031419
Assessed Land Value$661,540
Assessed Improvement Value$1,705,644
Assessment Year2025
About this property
OW Custom Home on 2 Acres! Lovejoy ISD! Single Story Modern Farm House. Open Floor Plan with Hardwood Floors Throughout. 4 Bedrooms, 4 Bathrooms, 2 Half Bathrooms, Mud Room, Outdoor Living, Outdoor Kitchen with sink, built in grill and beverage refrigerator. Oversized Kitchen with breakfast bar island, gas cooktop, farm sink and double ovens. Butler's Pantry with sink and room for secondary refrigerator. Estimated Completion February 2021.
Investor Tools
$2,367,184
Estimated Property Value
$500,654Estimated Mortgage Balance
$1,866,530Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$14,203 /month
Positive
Cash Flow Estimate:
$4,734 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,068/month
$1,260/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$36,984
$2,367,184
2025
$661,540
$1,705,644
$2,367,184
No
Tax History
Year
Tax Paid
Assessed Value
2024
$36,984
$2,367,184
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$548,250
No
First
Oct 20, 2021
Nov 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$500,654
$1,866,530
78%
21%
$3,288/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$4,548/mo
$-1,198/mo
1.7%
