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$2,395,000

NAL Estimated Property Value

1616 W Wintergreen Rd, Lancaster, TX, 75134

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size20,276 sqft

Land Information

APN360879300A0130000
Lot Number13
Land UseSfr - Vacant Lots/Tracts
Legal DescriptionWELLINGTON PARK NORTH PH 3 BLK A LT 13 INT202500122804 DD06112025 CO-DC 0879300A01300 4CN0879300A
Census Tract016707
Assessed Land Value$65,000
Assessment Year2025

About this property

This beautiful parcel of land, located in Wellington Park North, offers a wonderful opportunity for builders who want to present an exceptional quality product. The current 17 lots include recently improved infrastructure, including utilities, easements and final grading which saves the builder much money and time. The development has already received approval for single family residential development and the lots are ready for immediate construction. Lot sizes range from around 7,000 ft to over 24,000 ft, with both front and rear entry garages. The development is located near several interstate highways; I-20, I-35 and I-45 and is less than 20 minutes to downtown Dallas. Many large businesses have relocated to the Lancaster warehouse district and the development is only minutes away from this area. Hurry and select your lot to build your beautiful home.

Investor Tools

Property Icon
$2,395,000
Estimated Property Value
$1,679,294Estimated Mortgage Balance
$715,706Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$14,370 /month
Positive
Cash Flow Estimate:
$4,790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,077/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$65,000
2025
$65,000
N/A
$65,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$65,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alto Capital Holdings Llc
Building Or Construction Loan
$1,706,800
No
First
Jun 9, 2025
Jan 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,679,294
$715,706
29%
70%
$10,234/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: Lancaster

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1616 W Wintergreen Rd | Property Details | No Agent List