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$955,000

NAL Estimated Property Value

1195 Scarlett Drive, Lucas, TX, 75002

$1,142,018 ARVInfo
Off MarketInfo
Beds6 Beds
Baths4 Bath
Baths3,673 Sq Ft
price_per_sqft$187.86 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListARV FlipHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Vinyl, Wood

Exterior

Lot Size2.10 acres

Building Information

Year Built2003
Stories2
Garage Spaces3

Land Information

APNR-5106-00E-0140-1
Lot Number14
SubdivisionTara Phase Two (Clu)
Land UseResidential
Legal DescriptionTARA PHASE TWO (CLU), BLK E, LOT 14
Census Tract031419
Assessed Land Value$651,000
Assessed Improvement Value$261,212
Assessment Year2025

About this property

Amazing Home on 2 Acres in Lovejoy ISD. Updated Kitchen tile floor, granite countertops, tile backsplash and painted cabinets. New Carpet less than a year old, Interior Paint and Updated Lighting. Split floor plan with private master area. Master Bathroom with large vanity and dual sinks, Free Standing Tub and Separate Shower. Large Walk In Closet. Three additional bedrooms downstairs and full bath. Design is perfect for Virtual Learning or Office from home. Upstairs layout with 2 bedrooms, Jack n Jill bathroom and large game room. Large covered patio with views of heavily treed acreage, new fence. Oversized 3 car garage with tandem style for storage. New Tankless water heater and 2 new AC Units installed 2018

Investor Tools

Property Icon
$955,000
Estimated Property Value
$492,976Estimated Mortgage Balance
$462,024Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,142,018
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,730 /month
Positive
Cash Flow Estimate:
$1,910 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,601/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,443
$912,212
2025
$651,000
$261,212
$912,212
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,443
$912,212

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bay Equity Llc
Conventional
$548,250
No
First
Feb 18, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$492,976
$462,024
48%
52%
$3,288/mo

City: Lucas

1195 Scarlett Drive | Property Details | No Agent List