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$266,000

NAL Estimated Property Value

1130 Oakbluff Drive, Lancaster, TX, 75146

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,354 Sq Ft
price_per_sqft$166.17 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Range, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size8,165 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces1

Land Information

APN36067600160100000
Lot Number10
SubdivisionMeadow Creek
Land UseResidential
Legal DescriptionMEADOW CREEK ESTATES BLK 16 LOT 10 INT202100059558 DD02262021 CO-DC 0676001601000 4CN06760016
Census Tract016806
Assessed Land Value$50,000
Assessed Improvement Value$201,090
Assessment Year2025

About this property

**A MUST SEE** FULLY RENOVATED HOME...everything New! New appliances, Paint, Floors, Roof, Wood Fence, New HVAC Unit and Hot Water Heater and more! Four bedrooms with two full bathrooms. Garage converted to 4th bedroom. Laminate wood floors and Tile throughout the home. Wood Burning fire place! Quiet neighborhood in Lancaster near I-35 and Shopping, Restaurants and Grocery Stores! GREAT PRICE FOR INVESTOR RENTAL PROPERTY! Don't let this one get away!

Investor Tools

Property Icon
$266,000
Estimated Property Value
$178,038Estimated Mortgage Balance
$87,962Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,596 /month
Positive
Cash Flow Estimate:
$532 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$605/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,931
$251,090
2025
$50,000
$201,090
$251,090
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,931
$251,090

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$198,000
No
First
Feb 26, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$178,038
$87,962
33%
67%
$1,188/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,188/mo
+$1,384/mo
11.6%

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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1130 Oakbluff Drive | Property Details | No Agent List