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$227,000

NAL Estimated Property Value

1406 Johns Ave, Lancaster, TX, 75134

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,348 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$192.88 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range
FlooringSee Remarks, Tile

Exterior

Lot Size26,933 sqft

Building Information

Year Built1969
Stories1
Roof Type105

Land Information

APN36004500010160000
Lot Number16
SubdivisionBellaire Acres
Land UseResidential
Legal DescriptionBELLAIRE ACRES BLK A MID 62.5 FT W 1/2 LT 16 INT202200185777 DD07012022 CO-DC 0045000101600 4CN00450001
Census Tract016706
Assessed Land Value$60,000
Assessed Improvement Value$163,410
Assessment Year2025

About this property

Adorable and Spacious, newly renovated luxury dream cottage. Lovely porcelain wood-look tile throughout has the beauty of wood but better durability and easier care. Open style Great room, fireplace with gas logs & room for relaxing, playing games or dining. Unique hand-carved mantle. Convenient Coffee bar for quick drink refills while watching the fire or playing games. Imaginative brick wall brings a feeling of old style to complement modern conveniences. Sliding wooden pocket door for hidden access to pantry & laundry. Kitchen has extended counterspace with room for appliances & food prep. Deep pull-out drawer & corner lazy Susan cabinet. Stainless steel appliances, 5-burner gas oven. New covered deck off kitchen overlooks .59 acres. Working chicken coop stays so you can enjoy fresh eggs every morning (chickens not included). 2 full bathrooms, both with sliding pocket doors. Quiet, friendly area, minutes to dining & shops. 30 min to DFW. *Offers due by 1 PM Sunday, June 12*

Investor Tools

Property Icon
$227,000
Estimated Property Value
$247,678Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,560 /month
Positive
Cash Flow Estimate:
$520 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$473/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,546
$223,410
2025
$60,000
$163,410
$223,410
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,546
$223,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Brazos National Bank
Conventional
$266,750
No
First
Jul 1, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$247,678
N/A
0%
109%
$1,600/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,600/mo
+$372/mo
10.4%

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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1406 Johns Ave | Property Details | No Agent List