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$450,000

1580 E Lucas Rd, TX, 75002

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size2.14 acres

Land Information

APNR-1075-001-0070-1
Lot Number7
SubdivisionLakeview Country Estates Phase One (Clu)
Land UseResidential
Legal DescriptionLAKEVIEW COUNTRY ESTATES PHASE ONE (CLU), BLK 1, LOT 7
Census Tract031314
Assessed Land Value$776,178
Assessment Year2025

About this property

What an opportunity! Lake Lavon, Army Corps of Engineers land and Trinity Trail are right behind this great treed lot! Choose your own builder and build your dream home with no HOA.

Investor Tools

Property Icon
$776,178
Estimated Property Value
$200,000Estimated Mortgage Balance
$585,891Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,657 /month
Positive
Cash Flow Estimate:
$1,552 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,154/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,966
$776,178
2025
$776,178
N/A
$776,178
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,966
$776,178

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gulf Coast Bank & Trust Co
Commercial
$200,000
No
First
Sep 8, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$190,287
$585,891
75%
25%
$1,200/mo

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: Lucas

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