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$235,000

1361 Greenbriar Ln, Lancaster, TX, 75146

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,584 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.36 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Microwave, Refrigerator
FlooringCeramic Tile, Laminate

Exterior

Lot Size7,705 sqft

Building Information

Year Built1985
Stories1
Roof Type105
Garage Spaces2

Land Information

APN36067700040350000
Lot Number35
SubdivisionMeadow Creek
Land UseResidential
Legal DescriptionMEADOW CREEK ESTATES 4TH INST BLK 4 LOT 35 INT202300032114 DD02162023 CO-DC 0677000403500 4CN06770004
Census Tract016806
Assessed Land Value$50,000
Assessed Improvement Value$177,940
Assessment Year2025

About this property

Diamond in the rough. This nice family home is priced to reflect some needed updates. Laminate floors throught the living and bedrooms. Ceramic tile in the kitchen with stainless steel appliances. Stainless steel refrigerator will remain with the home. A small portion of the two car garage has been sectioned off for a small room or work area, which can easily be converted back to a full garage. Master bath tub has been replaced with a large walk in shower. This home offers so much potential. Bring your creative buyers or investors.

Investor Tools

Property Icon
$241,000
Estimated Property Value
$226,324Estimated Mortgage Balance
$28,233Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,446 /month
Positive
Cash Flow Estimate:
$482 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$549/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,384
$227,940
2025
$50,000
$177,940
$227,940
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,384
$227,940

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Fha
$226,324
Yes
First
Feb 16, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$212,767
$28,233
11%
88%
$1,357/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,357/mo
+$615/mo
9.8%

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: Lancaster

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1361 Greenbriar Ln | Property Details | No Agent List