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$204,000

NAL Estimated Property Value

118 LAUREL Lane, Lancaster, TX, 75134

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,372 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$99.05 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Cooktop, Electric Oven, Vented Exhaust Fan
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesDog Run
Lot Size9,682 sqft

Building Information

Year Built1958
Stories1
Roof Type105
Garage Spaces2

Land Information

APN36060500030060000
Lot Number6
SubdivisionLancaster Terrace
Land UseResidential
Legal DescriptionLANCASTER TERRACE BLK 3 LOT 6 VOL83021 PG1151 INT201900239075 DD09062019 CO-DC 0605000300600 4CN06050003
Census Tract016706
Assessed Land Value$55,000
Assessed Improvement Value$139,840
Assessment Year2025

About this property

Vintage home with solid bones in a well established neighborhood in great location.. Red brick, front porch, storm windows, wood floors under carpet in part of the house. Formal living room has dining area at west end. Kitchen living area has space for table plus small sitting area. Kitchen has original cabinets and soft pink tile counters, Cook top & oven are fairly new. Washer connection is kitchen closet with space for a stack unit.2 bedrooms are large with good closets.Tile in master bath is rosewood and hall a light teal. Detached garage, storage building, fenced yard with dog run, covered patio & double gates across drive way. Lot has some shade trees. 2 window units remain. Close to school & library.

Investor Tools

Property Icon
$204,000
Estimated Property Value
$0Estimated Mortgage Balance
$204,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,224 /month
Positive
Cash Flow Estimate:
$408 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$469/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,602
$194,840
2025
$55,000
$139,840
$194,840
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,602
$194,840

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$204,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
N/A
+$1,565/mo
9.2%

City: Lancaster

118 LAUREL Lane | Property Details | No Agent List