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$319,000

NAL Estimated Property Value

11321 Patera Street, Lorena, TX, 76655

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,657 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$196.76 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Water Heater, Microwave
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesOther
Lot Size6,011 sqft

Building Information

Garage Spaces2

Land Information

APN364058020143070
Lot Number143
SubdivisionPark Meadows South Ph 2
Land UseRes Inventory Vacant Land
Legal DescriptionPARK MEADOWS SOUTH PH 2 LOT 143 BLOCK 7 ACRES .138
Census Tract003708
Assessed Land Value$36,670
Assessment Year2025

About this property

Discover 11321 Patera Street in Lorena, TX—a stunning 4-bedroom, 2-bathroom home featuring the sought-after Medina floor plan with 1,657 square feet of well-designed living space. This home boasts an open-concept layout that’s perfect for daily living and entertaining alike, enhanced by unique architectural details that add charm and personality. The thoughtful design provides both comfort and flexibility, making it ideal for families or anyone who enjoys hosting. The spacious living room seamlessly connects to the kitchen and dining areas, creating an inviting environment for gatherings. Additional highlights include a convenient 2-car garage and a desirable location with easy access to local schools, shopping, dining, and everything Lorena has to offer. Don’t miss the chance to call this exceptional property your own—book a showing today!

Investor Tools

Property Icon
$319,000
Estimated Property Value
$233,534Estimated Mortgage Balance
$85,466Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,956 /month
Positive
Cash Flow Estimate:
$652 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$157/month
$240/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$289
$16,200
2025
$36,670
N/A
$36,670
No

Tax History

Year
Tax Paid
Assessed Value
2024
$289
$16,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amwest Funding Corp
Conventional
$237,000
No
First
Jul 23, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$233,534
$85,466
26%
73%
$1,421/mo

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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11321 Patera Street | Property Details | No Agent List