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$350,000

1201 Roan Dr, Lancaster, TX, 75134

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,100 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166.67 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size10,409 sqft

Building Information

Year Built2018
Stories1
Roof Type105
Garage Spaces2

Land Information

APN360154000D0370000
Lot Number37
SubdivisionColonial
Land UseResidential
Legal DescriptionCOLONIAL ESTATES BLK D LOT 37 INT202300099305 DD05192023 CO-DC 0154000D03700 4CN0154000D
Census Tract016704
Assessed Land Value$65,000
Assessed Improvement Value$289,330
Assessment Year2025

About this property

Beautiful home on quarter of an acre of land! Wonderful four bedroom with an Office! Space abounds! No HOA on this newer home. Welcome into warm neutral colors. This home offers you a chef's dream kitchen with gorgeous island, granite counters, and lots of cabinets and dining area. This open flowing plan with high ceilings, wonderful windows and wood floors. Study is located off front of home. Relax in your master bath with two walk in closets. Play in your wonderfully large grassy backyard with a relaxing Hot Tub! New Technology brings best Result in Solar Panels on home make for little to no electric bill! Lease will transfer to buyer taking over payments at 62 dollars per month!

Investor Tools

Property Icon
$354,330
Estimated Property Value
$353,704Estimated Mortgage Balance
$10,063Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,126 /month
Positive
Cash Flow Estimate:
$709 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$688/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,484
$354,330
2025
$65,000
$289,330
$354,330
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,484
$354,330

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$353,704
Yes
First
Nov 18, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$344,267
$10,063
2%
97%
$2,121/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$2,121/mo
+$451/mo
8.7%

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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1201 Roan Dr | Property Details | No Agent List