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$450,000

1121 Central Way, Lantana, TX, 76226

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,140 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$210.28 / sqft
Year BuiltBuilt in 2004

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, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size5,750 sqft

Building Information

Year Built2004
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR263330
Lot Number17
SubdivisionCrescent Addn Ph B
Land UseResidential
Legal DescriptionCRESCENT ADDN PH B BLK 14E LOT 17
Census Tract021755
Assessed Land Value$92,000
Assessed Improvement Value$395,114
Assessment Year2025

About this property

Welcome to the Award Winning Master Planned Community of Lantana. This Highland home is located in one of the smaller neighborhoods with low traffic and its own park just around the corner. Steps away from the golf club! Inside you will love the flexibility of the floor plan. 3 bedrooms and 2 living and dining or use on living space for your virtual office space. Updated flooring, gas stone fireplace, an abundance of cabinets, and a kitchen nook window seat. The private backyard offers a covered back patio and yard space for pets or play! Lantana HOA amenities include front and side yard maintenance, community parks, 5 pools, 2 fitness centers, tennis, basketball, pickle ball and more! Golf Club memberships are extra but be sure to check out the club after your home tour. You will love the community and all that it has to offer!

Investor Tools

Property Icon
$446,000
Estimated Property Value
$441,849Estimated Mortgage Balance
$11,271Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$789/month
$121/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,242
$443,744
2025
$92,000
$395,114
$487,114
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,242
$443,744

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Fha
$441,849
Yes
First
Jun 24, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$434,729
$11,271
2%
97%
$2,650/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$2,771/mo
+$189/mo
8.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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: Lantana

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1121 Central Way | Property Details | No Agent List