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$427,800

11229 Solar St, Lorena, TX, 76655

$455,241 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,082 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$123.3 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Water Heater, Microwave

Exterior

Lot Size6,011 sqft

Building Information

Year Built2022
Stories2
Roof Type105
Garage Spaces2

Land Information

APN364058000003200
Lot Number20
SubdivisionPark Meadows South Ph 1
Land UseResidential
Legal DescriptionPARK MEADOWS SOUTH PH 1 LOT 20 BLOCK 3 ACRES .138
Census Tract003708
Assessed Land Value$36,680
Assessed Improvement Value$391,120
Assessment Year2025

About this property

This stunning 3-bedroom, 2.5-bath home offers an impressive 3,082 square feet of thoughtfully designed living space in the highly sought-after Park Meadows subdivision, located within the acclaimed Midway ISD. Every room in this home feels expansive, from the oversized living area and open-concept kitchen to the spacious dining room and large upstairs media room. The kitchen is truly a chef’s dream, featuring a massive center island, clean white finishes, and an abundance of counter and storage space. All bedrooms are located upstairs, including a serene primary suite that boasts a trayed ceiling, a generous walk-in closet, dual vanities, and a beautifully tiled walk-in shower. Upstairs, the sprawling family room provides the perfect setting for a home theater or game room. Energy efficiency is a bonus with solar panels already in place. With its modern aesthetic, thoughtful layout, and abundance of space, this home offers both style and functionality in a prime location. Note: There is a substantial balance on the solar panels. With an accepted offer, the seller will payoff the entire solar system, and transfer it to the buyer, at closing.

Investor Tools

Property Icon
$427,800
Estimated Property Value
$283,111Estimated Mortgage Balance
$159,348Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$455,240
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,567 /month
Positive
Cash Flow Estimate:
$856 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$864/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,234
$427,800
2025
$36,680
$391,120
$427,800
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,234
$427,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$283,111
No
First
Jul 14, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$268,452
$159,348
37%
63%
$1,698/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$2,148/mo
$-608/mo
4.3%

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: Lorena

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11229 Solar St | Property Details | No Agent List