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$266,960

NAL Estimated Property Value

1102 Southridge Dr, Lancaster, TX, 75146

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,648 Sq Ft
price_per_sqft$163.83 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven
FlooringStone, Wood, Vinyl

Exterior

Lot Size9,200 sqft

Building Information

Year Built1980
Stories1
Roof Type105
Garage Spaces2

Land Information

APN36067600150170000
Lot Number17
SubdivisionMeadow Creek
Land UseResidential
Legal DescriptionMEADOW CREEK ESTATES BLK 15 LT 17 INT202300188756 DD07132023 CO-DC 0676001501700 4CN06760015
Census Tract016806
Assessed Land Value$50,000
Assessed Improvement Value$216,960
Assessment Year2025

About this property

Step into this lovely one story home that is well maintained in sought after Meadow Creek Estates. Formal dining room off entry, which could pose as an office if desired. Enjoy the spacious family room with fireplace, beautiful stone flooring, plenty of light that flows seamlessly into the kitchen and breakfast area for ease of entertaining. Kitchen has a stove, dishwasher and plenty of counter space. Primary room is secluded from secondary bedrooms with private full bathroom in room, vanity with storage and lighting in master bedroom and large walk-in closet. , separate shower, and dual Spend time out in this large backyard with covered patio and beautiful oasis with lighting and planters all being left by seller for entertaining family and friends. Solar Panels being removed by Seller before closing unless Buyer which to keep and financing services. Seller requesting Leaseback in Transaction Desk

Investor Tools

Property Icon
$266,960
Estimated Property Value
$246,154Estimated Mortgage Balance
$20,806Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,620 /month
Positive
Cash Flow Estimate:
$540 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$637/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,306
$266,960
2025
$50,000
$216,960
$266,960
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,306
$266,960

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Neighborhood Loans
Unknown
$265,109
No
First
Jul 13, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$246,154
$20,806
7%
92%
$1,590/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,590/mo
+$382/mo
8.9%

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: Lancaster

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