$324,330
NAL Estimated Property Value1328 Spring Hill Lane, Lancaster, TX, 75146
Off Market
Property Lead Type:
BankruptcyOff-Market ListHigh EquityMove-In Ready
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Laminate, Marble, Stone
Exterior
Exterior FeaturesStorage
Lot Size9,532 sqft
Building Information
Year Built1998
Stories1
Roof Type105
Garage Spaces2
Land Information
APN36067800030020000
Lot Number2
SubdivisionMeadowlands Rep
Land UseResidential
Legal DescriptionMEADOWLANDS REP BLK 3 LOT 2 INT202100346649 DD11152021 CO-DC 0678000300200 4CN06780003
Census Tract016805
Assessed Land Value$55,000
Assessed Improvement Value$269,330
Assessment Year2025
About this property
Beautifully updated home build in 1998. Boasts granite counter tops in kitchen and baths. Several updates throughout including flooring, custom tile work and stainless steel appliances. Wont last. Go and show.
Investor Tools
$324,330
Estimated Property Value
$258,721Estimated Mortgage Balance
$65,609Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,946 /month
Positive
Cash Flow Estimate:
$649 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$539/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,845
$324,330
2025
$55,000
$269,330
$324,330
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,845
$324,330
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Fha
$282,783
Yes
First
Nov 15, 2021
Dec 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$258,721
$65,609
20%
80%
$1,696/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,696/mo
+$276/mo
7.3%
