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$310,000

NAL Estimated Property Value

1324 Spring Hill Lane, Lancaster, TX, 75146

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,177 Sq Ft
price_per_sqft$134.59 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size9,193 sqft

Building Information

Year Built1998
Stories1
Roof Type105
Garage Spaces2

Land Information

APN36067800030030000
Lot Number3
SubdivisionMeadowlands Rep
Land UseResidential
Legal DescriptionMEADOWLANDS REP BLK 3 LOT 3 INT202100208292 DD07122021 CO-DC 0678000300300 4CN06780003
Census Tract016805
Assessed Land Value$55,000
Assessed Improvement Value$247,040
Assessment Year2025

About this property

Wonderful completely remodeled home by a custom builder. New exterior and interior paint. Split Floor Plan. Quartz Counters throughout. Upgraded lighting. New Carpet. New custom build cabinets in kitchen and bath. Oversized laundry room. Solar Screens to keep energy costs low. New Ceramic Tile. Ceiling fans and New appliances. Minutes from parks and easy access to restaurants and highways

Investor Tools

Property Icon
$310,000
Estimated Property Value
$245,055Estimated Mortgage Balance
$64,945Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,860 /month
Positive
Cash Flow Estimate:
$620 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$564/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,214
$302,040
2025
$55,000
$247,040
$302,040
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,214
$302,040

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Fha
$269,891
Yes
First
Jul 12, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$245,055
$64,945
20%
79%
$1,619/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,619/mo
+$353/mo
7.6%

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.

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: Lancaster

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1324 Spring Hill Lane | Property Details | No Agent List