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$286,000

NAL Estimated Property Value

111 Homestead Dr, Lancaster, TX, 75146

Recently SoldInfo
9/01/26
Beds3 Beds
Baths2 Bath
Baths1,334 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$216.64 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

BankruptcyAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringSimulated Wood, Tile, Vinyl, Wood

Exterior

Lot Size5,389 sqft

Building Information

Year Built1985
Stories1
Roof Type105
Garage Spaces2

Land Information

APN36040550010030000
Lot Number3
SubdivisionHomestead
Land UseResidential
Legal DescriptionHOMESTEAD BLK 1 LT 3 INT201100178294 DD07072011 CO-DC 0405500100300 4CN04055001
Census Tract016803
Assessed Land Value$60,000
Assessed Improvement Value$164,170
Assessment Year2025

About this property

Welcome to your new home in the heart of Lancaster. This move-in ready property features three bedrooms, two full bathrooms, and a two-car garage. Recent renovations include a new kitchen, updated bathrooms, new shingles, and a new HVAC system, giving the home a fresh, modern feel. We invite you to make this beautifully updated house your next home.

Investor Tools

Property Icon
$286,000
Estimated Property Value
$0Estimated Mortgage Balance
$286,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,734 /month
Positive
Cash Flow Estimate:
$578 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$300/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,174
$224,170
2025
$60,000
$164,170
$224,170
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,174
$224,170

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$254,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
8.3%

City: Lancaster

111 Homestead Dr | Property Details | No Agent List