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$422,000

NAL Estimated Property Value

141 Lakeland Dr, Highland Village, TX, 75077

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,698 Sq Ft
price_per_sqft$158.42 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave, Electric Range, Electric Oven
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size13,800 sqft

Building Information

Year Built1961
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR05182
Lot Number10
SubdivisionLakewood Estates
Land UseResidential
Legal DescriptionLAKEWOOD ESTATES BLK 6 LOT 10
Census Tract021513
Assessed Land Value$124,200
Assessed Improvement Value$190,800
Assessment Year2025

About this property

WOW! DON'T MISS YOUR OPPORTUNITY TO OWN THIS CHARMING 3 BEDROOM, 3 BATHROOM HOME IN HIGHLAND VILLAGE WITH A BONUS 10'X11' WORKSHOP AREA NEXT TO THE GARAGE. THIS HOME IS SITUATED IN AN AREA WITH GREAT SCHOOLS, EASY COMMUTE ROUTES AND AN ABUNDANCE OF PARKS, WALKING TRAILS AND EASY ACCESS TO LAKE LEWISVILLE WITH BOATING, FISHING AND PICNIC AREAS. 3 YEAR OLD ROOF, NEW FLOORING, PAINT, 2 HOT WATER HEATERS, NEW AC AND 2 ELECTRIC PANELS. THIS HOME ALSO HAS A NEWLY DECKED AREA AND IS PRE-WIRED W/ 50AMP/220V OUTLET ON THE PRIVATE BACK PATIO AREA FOR YOUR HOT TUB... CALL RIGHT AWAY TO SCHEDULE YOUR PRIVATE SHOWING!

Investor Tools

Property Icon
$422,000
Estimated Property Value
$221,429Estimated Mortgage Balance
$200,571Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,532 /month
Positive
Cash Flow Estimate:
$844 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$607/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,174
$315,000
2025
$124,200
$190,800
$315,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,174
$315,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mutual Of Omaha Mortgage Inc
Fha
$244,341
Yes
First
Jun 7, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$221,429
$216,571
49%
52%
$1,465/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,460/mo
$1,465/mo
+$995/mo
7.0%

City: Highland Village

141 Lakeland Dr | Property Details | No Agent List