$825,480
NAL Estimated Property Value1409 Diamond Dr, Lucas, TX, 75098
$1,073,124 ARV
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood
Exterior
Exterior FeaturesRain Gutters
Building Information
Year Built2024
Stories2
Garage Spaces3
Land Information
APNR-12722-002-0440-1
Lot Number44
SubdivisionInspiration Phase 8b (Gcn)
Land UseResidential
Legal DescriptionINSPIRATION PHASE 8B (GCN), BLK 2, LOT 44
Census Tract031314
Assessed Land Value$187,000
Assessed Improvement Value$638,480
Assessment Year2025
About this property
From our upscale Presidential Series, this stunning two-story home is our grand Kennedy floor plan offering 5 bedrooms, 4.5 bathrooms, and a 3-car garage. Highlights include a covered patio for indoor-outdoor living, a cozy gas fireplace in the family room with 2-story vaulted ceilings, a private study perfect for at-home work, a gourmet chef's kitchen with large extended center kitchen island, and a luxurious primary bedroom with an oversized walk-in closet, and an upgraded spa-inspired luxury bathroom. Available October 2024!
Investor Tools
$825,480
Estimated Property Value
$682,530Estimated Mortgage Balance
$142,950Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$1,073,124
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,980 /month
Positive
Cash Flow Estimate:
$1,660 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$519/month
$538/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,102
$825,480
2025
$187,000
$638,480
$825,480
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,102
$825,480
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending
Conventional
$701,241
No
First
Nov 14, 2024
Dec 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$682,530
$142,950
17%
83%
$4,205/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$4,743/mo
$-1,403/mo
4.9%
