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$613,653

NAL Estimated Property Value

1240 Central Way, Lantana, TX, 76226

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,211 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$132.36 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
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
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size6,168 sqft

Building Information

Year Built2004
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR263301
Lot Number33
SubdivisionCrescent Addn Ph B
Land UseResidential
Legal DescriptionCRESCENT ADDN PH B BLK 14B LOT 33
Census Tract021755
Assessed Land Value$98,720
Assessed Improvement Value$538,285
Assessment Year2025

About this property

***3D VIRTUAL TOUR AVAILABLE*** for this LANTANA GEM! Don't miss this one! HIGHLAND HOME 4BR with large Master DOWN. 2 full baths upstairs including Jack n Jill and Bedroom with its own Ensuite. Work from home in the Study with French Doors. Channel your inner Chef in the large eat in kitchen. Relax in the Game Room AND separate Media Room. Luxurious backyard with large covered patio and sparkling pool that backs up to a beautiful greenbelt. Quiet street with EASY access. Your slice of heaven in Lantana!

Investor Tools

Property Icon
$613,653
Estimated Property Value
$334,322Estimated Mortgage Balance
$279,331Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,682 /month
Positive
Cash Flow Estimate:
$1,227 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,151/month
$121/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,741
$613,653
2025
$98,720
$538,285
$637,005
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,741
$613,653

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mid-American Mortgage Inc
Conventional
$367,500
No
First
Aug 2, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$334,322
$279,331
45%
54%
$2,204/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$2,325/mo
+$635/mo
5.8%

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: Lantana

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