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$194,000

156 Lago Grande Dr, Horizon City, TX, 79928

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,160 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$167.24 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

BankruptcyAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesRange, Microwave, Range Hood
FlooringTile, Laminate

Exterior

Private PoolPrivate Pool
Lot Size6,825 sqft

Building Information

Year Built1997
Stories1
Roof Type105
Garage Spaces2

Land Information

APNE071-000-0050-1500
Lot Number15
SubdivisionEastlake #1
Land UseResidential
Legal Description5 EASTLAKE #1 LOT 15 (6825.00 SQ FT)
Census Tract010361
Assessed Land Value$16,467
Assessed Improvement Value$162,181
Assessment Year2025

About this property

Charming 3-bedroom, 2-bath brick home featuring a spacious backyard and enclosed porch. This well-maintained property offers excellent potential for buyers seeking an affordable home in a quiet, established neighborhood. The layout provides comfortable living spaces, and the large backyard is ideal for outdoor activities or future improvements. 3 bedrooms / 2 bathrooms, Brick construction, Enclosed porch providing additional usable space, Generous backyard, Walking distance to nearby parks, Convenient access to Eastlake Blvd. and Horizon, with new developments underway Located in a peaceful residential area. This home is priced to sell and presents a great opportunity for first-time buyers or investors. Schedule your showing today.

Investor Tools

$0Estimated Mortgage Balance
$192,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,164 /month
Positive
Cash Flow Estimate:
$388 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$558/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,736
$178,648
2025
$16,467
$162,181
$178,648
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,736
$178,648

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$192,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,490/mo
N/A
+$1,490/mo
9.3%

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.

Explore Texas Explore This Area
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: Horizon City

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156 Lago Grande Dr | Property Details | No Agent List