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$667,879

NAL Estimated Property Value

1501 Lancelot Ave, Wolfforth, TX, 79382

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths4,647 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$93.61 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Disposal, Double Oven, Dishwasher, Microwave
FlooringCarpet, Hardwood, Tile

Exterior

Lot Size8,638 sqft

Building Information

Year Built2004
Roof Type105
Garage Spaces3

Land Information

APNR172297
Lot Number3340
SubdivisionPreston Manor
Land UseResidential
Legal DescriptionPRESTON MANOR L 334
Census Tract010419
Assessed Land Value$69,500
Assessed Improvement Value$598,379
Assessment Year2025

About this property

Wonderful home in Preston Manor neighborhood, 2004 Parade Home with beautiful detail throughout, FRESHLY PAINTED!! 3/3/3 with separate office and basement, office could be used as 4th bedroom. Full of character and space, formal living area with stacked stone fireplace and tall ceilings, formal dining area, awesome kitchen with granite, stainless steel appliances, gas stove all open to beautiful family room. Master bedroom and second bedroom/office downstairs, two beds, jack n jill bath and living area upstairs. Large master suite with large master bath. Awesome HOA amenities including a beautiful community center, pools, and tennis courts. Motivated Seller!!!

Investor Tools

Property Icon
$667,879
Estimated Property Value
$444,052Estimated Mortgage Balance
$223,827Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,007 /month
Positive
Cash Flow Estimate:
$1,336 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,691/month
$1,500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,954
$667,879
2025
$69,500
$598,379
$667,879
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,954
$667,879

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Cu
Conventional
$490,000
No
First
Jun 11, 2021
Jul 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$444,052
$223,827
33%
66%
$2,938/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,790/mo
$4,438/mo
$-2,648/mo
3.2%

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: Wolfforth

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1501 Lancelot Ave | Property Details | No Agent List