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$640,000

NAL Estimated Property Value

1536 Terrace Dr, Lantana, TX, 76226

$672,556 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,362 Sq Ft
price_per_sqft$191.55 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Electric Oven, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Lot Size12,406 sqft

Building Information

Year Built2005
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR229640
Lot Number2
SubdivisionSierra Addn
Land UseResidential
Legal DescriptionSIERRA ADDN BLK 8B LOT 2
Census Tract021754
Assessed Land Value$158,820
Assessed Improvement Value$474,224
Assessment Year2025

About this property

STUNNING LANTANA HOME WITH A JAW DROPPING GREAT ROOM ON EXPANSIVE LOT, STEPS AWAY FROM THE GOLF COURSE! Upon entering, you are greeted by a grand foyer that leads seamlessly into the open-concept living area, ideal for both relaxing and entertaining. The gorgeous windows provide ultimate natural light throughout the day. The gourmet kitchen features a large island, custom cabinetry, butler pantry, and coffee bar making it perfect for culinary enthusiasts. The master suite is a retreat in itself, boasting a spa-like bathroom with dual vanities, a soaking tub, a separate shower and dual closets! Each bedroom is generously sized and offers ample closet space. A dedicated office space provides the perfect environment for remote work or study but can also be used as a FIFTH bedroom like currently! This house is sure to feel like home with its crown molding, towering ceilings, spacious vibe and intimate design. Featuring a two-car garage with golf cart space enhanced with an epoxy floor.

Investor Tools

Property Icon
$640,000
Estimated Property Value
$0Estimated Mortgage Balance
$640,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$672,555
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,864 /month
Positive
Cash Flow Estimate:
$1,288 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,232/month
$128/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,579
$633,044
2025
$158,820
$474,224
$633,044
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,579
$633,044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$640,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$128/mo
+$3,732/mo
7.2%

City: Lantana

1536 Terrace Dr | Property Details | No Agent List