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$280,000

1249 High Meadow Ln, Lancaster, TX, 75146

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,928 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.23 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven
FlooringCarpet

Building Information

Year Built1980
Stories1
Roof Type105
Garage Spaces2

Land Information

APN36067600080040000
SubdivisionMeadow Creek Estates
Land UseResidential
Legal DescriptionMEADOW CREEK ESTATES BLK 8 LOT 4 INT202000292975 DD10232020 CO-DC 0676000800400 4CN06760008
Census Tract016806
Assessment Year2025

About this property

Welcome home to this beautiful residence, where modern meets everyday comfort! Every detail has been thoughtfully updated, creating a move-in-ready home. Offering 3 spacious bedrooms plus a finished garage that provides incredible flexibility as a 4th bedroom, media room, game room, home office, or gym, this home easily adapts to your lifestyle. The stylish kitchen features granite countertops, designer lighting, and updated hardware, making it both functional and inviting. The private primary suite is a relaxing retreat with charming barn doors leading to a generous walk-in closet. Step outside to enjoy the fully fenced backyard, complete with a large covered patio that’s perfect for entertaining, relaxing, or outdoor dining. A private gate provides added privacy, security, and convenience. This home combines style, versatility, and modern upgrades—ready for its next owner to enjoy!

Investor Tools

Property Icon
$280,000
Estimated Property Value
$198,300Estimated Mortgage Balance
$103,824Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$638/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,252
$265,140
2025
N/A
N/A
$265,140
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,252
$265,140

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$198,300
No
First
Oct 23, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$176,176
$102,824
36%
63%
$1,189/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,189/mo
+$783/mo
8.5%

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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1249 High Meadow Ln | Property Details | No Agent List