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Days16Days on Market
Views1view

$239,900

1365 Norma Ln, Tow, TX, 78672

On MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,320 Sq Ft
SingleFamilyResidenceSingleFamilyResidence
price_per_sqft$181.74 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Off-Market ListMust-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range
FlooringCarpet, Linoleum, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size10,803 sqft

Building Information

Year Built1969
Stories1
Roof Type112
Garage Spaces3

Land Information

APN19912
Lot Number307,308
SubdivisionBuchanan Lake Village
Land UseResidential
Legal DescriptionBUCHANAN LAKE VILLAGE UNIT 5 LTS 307 & 308
Census Tract970100
Assessed Land Value$28,440
Assessed Improvement Value$172,280
Assessment Year2025

About this property

Clean, updated, and on nearly an acre in Buchanan Lake Village! This remodeled 3-bed, 2-bath offers 1,320 sq ft with new plumbing and A/C for peace of mind. A bonus sunroom/exercise room stretches across the back, great for a gym or hobby space. Outside, enjoy room to spread out, a covered carport, plus a garage/warehouse ideal for storage or projects. Minutes from Lake Buchanan with space and privacy. Short-term rentals allowed, perfect as a full-time home, weekend getaway, or investment!

Investor Tools

Property Icon
$238,000
Estimated Property Value
$37,792Estimated Mortgage Balance
$200,930Estimated Equity
84% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,439 /month
Positive
Cash Flow Estimate:
$480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$133/month
$45/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$408
$200,720
2025
$28,440
$172,280
$200,720
No

Tax History

Year
Tax Paid
Assessed Value
2025
$408
$200,720

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Credit Line (Revolving) / Heloc
$37,792
No
First
May 13, 2025
Jun 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$37,183
$212,817
85%
16%
$227/mo

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: Tow

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