$240,000
NAL Estimated Property Value1417 Prescott Dr, Lancaster, TX, 75134
Off Market
Property Lead Type:
BankruptcyOff-Market ListAbsentee OwnerMove-In Ready
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Range
FlooringCarpet, Laminate, Vinyl
Exterior
Lot Size8,400 sqft
Building Information
Year Built1973
Stories1
Roof Type105
Garage Spaces2
Land Information
APN36074500050170000
Lot Number17
SubdivisionPleasant Manor
Land UseResidential
Legal DescriptionPLEASANT MANOR ESTATES UNIT 1 BLK 5 LOT 17 INT202000284271 DD10152020 CO-DC 0745000501700 4CN07450005
Census Tract016706
Assessed Land Value$60,000
Assessed Improvement Value$168,000
Assessment Year2025
About this property
BUYERS REMORSE.. FHA APPRAISAL COMPLETED, INSPECTION COMPLETED, ALL NEEDED REPAIRS COMPLETED, HOME IS MOVE IN READY!! 3 BEDROOM 2 BATH IN ESTABLISHED NEIGHBORHOOD, GREAT STARTER HOME. 2 YR OLD ROOF, GRANITE COUNTERTOPS, SPACIOUS BACKYARD WITH LARGE SHADE TREES BOTH IN FRONT AND BACK YARD. IT'S A MUST SEE!! ***MULTIPLE OFFERS, PLEASE SUBMIT YOUR BEST AND HIGHEST BY 5PM, 9-2-2020***
Investor Tools
$240,000
Estimated Property Value
$162,773Estimated Mortgage Balance
$77,227Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,440 /month
Positive
Cash Flow Estimate:
$480 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$427/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,918
$228,000
2025
$60,000
$168,000
$228,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,918
$228,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Fha
$180,667
Yes
First
Mar 2, 2021
Apr 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$162,773
$77,227
32%
68%
$1,084/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,084/mo
+$888/mo
9.9%
