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$266,040

NAL Estimated Property Value

149 Aspen St, Lancaster, TX, 75134

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,113 Sq Ft
price_per_sqft$123.05 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range
FlooringCarpet, Laminate, Tile

Exterior

Lot Size9,727 sqft

Building Information

Year Built1958
Stories1
Roof Type105
Garage Spaces2

Land Information

APN36060500030170000
Lot Number17
SubdivisionLancaster Terrace
Land UseResidential
Legal DescriptionLANCASTER TERRACE BLK 3 LOT 17 & 16 FT LT 16 INT202500041240 DD02262025 CO-DC 0605000301700 4CN06050003
Census Tract016706
Assessed Land Value$55,000
Assessed Improvement Value$211,040
Assessment Year2025

About this property

IN THE DOCUMENTS SECTION there is an AS IS appraisal dated OCT 31, 2014 showing a value of $280,000. RIGHT AWAY THE BUYER HAS AN EQUITY. OR OFFER THE $280,000 AND ASK SELLER TO PAY THAT DIFFERENCE TO YOU THE BUYER FOR REMODELING OR RENEWING. Several large trees in the front yard and plenty of shade in the back yard. Photos of lawn were taken in the spring- not so green now. A covered 5 X 13 front porch welcomes you as you approach this home. Then as you enter, the 8 X 5 laminate flooring foyer makes you feel welcome inside, also. As you see above, the rooms are really large and inside the 16 X 18 family room there is a 5 X 2 entertainment equipment alcove. Two of the bedrooms have ensuite baths. Roof is just a few years old. Now, this home could make an appointment at the beauty shop - no doubt about that - however, if you're the new owner who wants to occupy- what an opportunity to make this as you like it. Carpeting is relatively new and still in good condition in most places. Seller would consider an allowance for new makeup & lipstick. Or, if you're the investor looking to buy something in need of those types of repairs, this may be for you. Last rented for $2,350 and dressed up it could bring more. Not far at all from the Fire Department and Police Deparyment. Short walk to the Lancaster Recreation Center for all ages - including the Senior Center. Close, close to Lancaster High School and within a mile of Dallas College. We can do a work for down payment loan if you use Diane Davalos. Several lenders are offering down payment assistance programs - including Ms Davalos. Please use Independence Title in Mesquite for the title company.

Investor Tools

Property Icon
$266,040
Estimated Property Value
$228,599Estimated Mortgage Balance
$37,441Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,596 /month
Positive
Cash Flow Estimate:
$532 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$635/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,284
$266,040
2025
$55,000
$211,040
$266,040
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,284
$266,040

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$233,770
No
First
Feb 26, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$228,599
$37,441
14%
86%
$1,402/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,402/mo
+$570/mo
8.9%

City: Lancaster

149 Aspen St | Property Details | No Agent List