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$367,040

1523 Edgewater Way, Lancaster, TX, 75146

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,297 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$139.31 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesStorage
Lot Size8,715 sqft

Building Information

Year Built2017
Stories1
Roof Type105
Garage Spaces2

Land Information

APN870013000A0080000
Lot Number8
SubdivisionBear Creek Ranch
Land UseResidential
Legal DescriptionBEAR CREEK RANCH PH 1 BLK A LT 8 INT202400262862 DD12262024 CO-DC 0013000A00800 4NT0013000A
Census Tract016802
Assessed Land Value$62,500
Assessed Improvement Value$304,540
Assessment Year2025

About this property

Welcome to 1523 Edgewater Way, a charming single-family home located in a growing area of Lancaster. This spacious property features four spacious bedrooms, 2 bathrooms, with a 2-car garage. The open floor plan is perfect for entertaining, with a large living room that flows seamlessly into the dining area and kitchen. The kitchen is equipped with modern appliances, ample cabinet space, and a kitchen island. The master bedroom boasts a walk-in closet and en-suite bathroom with dual sinks, garden soaking tub, and a separate shower. Outside, the backyard offers a peaceful retreat with a covered closed in patio and plenty of room for outdoor activities. Don't miss the opportunity to make this lovely home yours!

Investor Tools

Property Icon
$367,040
Estimated Property Value
$320,000Estimated Mortgage Balance
$55,090Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,202 /month
Positive
Cash Flow Estimate:
$734 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$757/month
$475/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,246
$367,040
2025
$62,500
$304,540
$367,040
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,246
$367,040

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Funding Lp
Conventional
$320,000
No
First
Dec 26, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$311,950
$55,090
15%
85%
$1,919/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$2,394/mo
+$178/mo
8.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Lancaster

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