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Days37Days on Market
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$1,295,000

1612 Dean Meadow Lane, Lucas, TX, 75002

On MarketInfo
Beds5 Beds
Baths5 Bath
Baths4,710 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$274.95 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 5Bathrooms 5
AppliancesDishwasher, Disposal, Microwave, Double Oven, Vented Exhaust Fan

Exterior

Lot Size1.01 acres

Building Information

Garage Spaces3

Land Information

APNR-13529-00A-0190-1
Lot Number19
SubdivisionDean Farms
Land UseVacant Residential Lots In City Under 5 Acres
Legal DescriptionDEAN FARMS (CLU), BLK A, LOT 19
Census Tract031419
Assessed Land Value$222,705
Assessment Year2025

About this property

CUSTOM HOME BY PARTNERS IN BUILDING. There is still time to customize this home! Nestled on a picturesque 1.01-acre homesite in Lucas, this exceptional 4,710-square-foot custom home combines striking design with thoughtfully curated spaces for modern living. Offering five bedrooms, five full baths, and a spacious three-car garage, the home welcomes you with a dramatic raised study that creates an impressive focal point upon entry and opens to the soaring second-story ceiling above. Designed for both entertaining and everyday comfort, the layout features a formal dining room, a bright breakfast room, and expansive living areas that seamlessly connect throughout the main level. Entertainment takes center stage with both a dedicated media room and game room conveniently located downstairs, providing the perfect setting for movie nights, celebrations, and family gatherings. Upstairs, a versatile loft overlooks the home below, creating an ideal space for a secondary lounge, study area, or playroom. Thoughtful architectural details, generous room sizes, and abundant natural light elevate every corner of this home. Set against the backdrop of over an acre of land on a tree-lined lot, this remarkable property offers the privacy and tranquility of country living while remaining close to the shopping, dining, and conveniences that make Lucas such a sought-after destination.

Investor Tools

Property Icon
$1,395,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,395,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,370 /month
Positive
Cash Flow Estimate:
$2,790 /month

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Jimmy Franklin

James Franklin, Broker

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$581/month
$1,600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$222,705
2025
$222,705
N/A
$222,705
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$222,705

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,395,000
100%
0%
$0/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.

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: Lucas

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1612 Dean Meadow Lane | Property Details | No Agent List