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$306,000

NAL Estimated Property Value

1235 April Showers Ln, Lancaster, TX, 75134

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,384 Sq Ft
price_per_sqft$125.84 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

BankruptcyOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size7,000 sqft

Building Information

Year Built2005
Stories2
Roof Type105
Garage Spaces2

Land Information

APN360679000H0010000
Lot Number1
SubdivisionMeadowview Phase
Land UseResidential
Legal DescriptionMEADOWVIEW PHASE 5 BLK H LT 1 INT202400142276 DD07152024 CO-DC 0679000H00100 4CN0679000H
Census Tract016708
Assessed Land Value$60,000
Assessed Improvement Value$238,990
Assessment Year2025

About this property

Welcome home to 1235 April Showers Lane! A wonderful two-story home situated on an oversized corner lot providing an abundance of outdoor green space. Walk in and the downstairs area features two living areas, two dining areas, and great sized kitchen that serves as the heart of the home. Upstairs has 4 bedrooms and an outdoor balcony that overlooks the entire neighborhood. Great sized backyard with covered porch and plenty of space for a pool, garden, or anything you envision. Well established neighborhood and close proximity to tons of shopping and dining. Come see all this wonderful home has to offer!

Investor Tools

Property Icon
$306,000
Estimated Property Value
$265,706Estimated Mortgage Balance
$40,294Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,836 /month
Positive
Cash Flow Estimate:
$612 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$474/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,159
$298,990
2025
$60,000
$238,990
$298,990
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,159
$298,990

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Zillow Home Loans Llc
Fha
$274,725
Yes
First
Jul 15, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$265,706
$40,294
13%
87%
$1,648/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,648/mo
+$924/mo
10.1%

City: Lancaster

1235 April Showers Ln | Property Details | No Agent List