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$486,365

NAL Estimated Property Value

121 Cedar Ln, Roanoke, TX, 76262

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,377 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.47 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Water Heater, Microwave
FlooringLaminate

Exterior

Exterior FeaturesBuilt-in Barbecue, Lighting, Outdoor Kitchen, Private Yard
Lot Size7,601 sqft

Building Information

Year Built2018
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR138413
Lot Number5
SubdivisionGreen Acres Estates Sec 2
Land UseResidential
Legal DescriptionGREEN ACRES ESTATES SEC 2 BLK M LOT 5
Census Tract020322
Assessed Land Value$124,640
Assessed Improvement Value$361,725
Assessment Year2025

About this property

Treasure the beauty and comfort of this stunning 4-bedroom, 2.5-bathroom house rental at 121 Cedar Lane, Roanoke, TX 76201. With 2377 sq ft of living space, this home offers ample room for relaxation and entertainment. The modern kitchen features elegant granite countertops, perfect for preparing delicious meals. Step outside to the spacious backyard and discover a luxurious outdoor kitchen, ideal for hosting gatherings and enjoying the Texas weather. The open floor plan and abundance of natural light create a warm and inviting atmosphere throughout the home. The master suite boasts a spacious layout and a spa-like ensuite bathroom, providing a serene retreat. Conveniently located near top-rated schools, shopping, and dining, this home offers the perfect blend of comfort and convenience. Don't miss the opportunity to make this extraordinary property your new home!

Investor Tools

Property Icon
$486,365
Estimated Property Value
$350,110Estimated Mortgage Balance
$136,255Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,918 /month
Positive
Cash Flow Estimate:
$973 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$706/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,037
$486,365
2025
$124,640
$361,725
$486,365
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,037
$486,365

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Provident Funding Associates Lp
Conventional
$363,750
No
First
Apr 1, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$350,110
$136,255
28%
72%
$2,181/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,760/mo
$2,181/mo
+$579/mo
6.8%

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: Roanoke

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