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$410,000

1240 Grant Ave, Lantana, TX, 76226

$440,058 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,203 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$128 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size5,820 sqft

Building Information

Year Built2013
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR292429
Lot Number11
SubdivisionIsabel Addn
Land UseResidential
Legal DescriptionISABEL ADDN BLK 39C LOT 11
Census Tract021755
Assessed Land Value$116,380
Assessed Improvement Value$463,846
Assessment Year2025

About this property

This stunning home in Lantana home offers soaring ceilings, large home office, gleaming hardwood floors upstairs and downstairs, large wine closet, open floor plan, and has been diligently maintained! The eat-in kitchen is large with a plethora of cabinets and counter space, built-in workspace, large pantry, and gas stove. The living room with beautiful fireplace has the perfect amount of space to unwind and relax. Two bedrooms on the main floor including the spacious Master retreat are large and welcoming. Upstairs has two additional bedrooms, large media room, and a perfect flex space with a built-in bar! The covered patio with built-in grill and bar is perfect for outdoor entertaining!

Investor Tools

Property Icon
$580,226
Estimated Property Value
$320,000Estimated Mortgage Balance
$296,508Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$440,058
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,481 /month
Positive
Cash Flow Estimate:
$1,160 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,115/month
$121/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,474
$580,226
2025
$116,380
$463,846
$580,226
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,474
$580,226

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First State Bank
Conventional
$320,000
No
First
Jul 6, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$283,718
$296,508
51%
49%
$1,919/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$2,040/mo
+$1,820/mo
8.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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1240 Grant Ave | Property Details | No Agent List