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$431,200

1635 Frederick Street, Lancaster, TX, 75134

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,170 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$147 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOther
FlooringCarpet, Laminate

Exterior

Lot Size20,967 sqft

Building Information

Year Built2020
Stories1
Roof Type105
Garage Spaces2

Land Information

APN60247500020050000
Lot Number5
SubdivisionWill-Kee
Land UseResidential
Legal DescriptionWILL-KEE BLK B LOT 5 INT202000367324 DD12302020 CO-DC 2475000200500 23624750002
Census Tract016708
Assessed Land Value$65,000
Assessed Improvement Value$366,200
Assessment Year2025

About this property

COMING SOON! This beautiful new build on an OVERSIZED LOT is a must see whether you like to entertain outdoors or have kids this will be perfect for your family. The home boasts 4 bedrooms 2 and a half baths and two living areas. The home will have quartz counter tops, laminate flooring in the kitchen and bathrooms while comfortable carpeting will be in the bedrooms. As a bonus there is a decorative electric fireplace along with decorative lighting throughout.

Investor Tools

Property Icon
$431,200
Estimated Property Value
$0Estimated Mortgage Balance
$171,778Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,587 /month
Positive
Cash Flow Estimate:
$862 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$849/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,030
$431,200
2025
$65,000
$366,200
$431,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,030
$431,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mid-American Mortgage Inc
Fha
$289,656
Yes
First
Dec 30, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$259,422
$171,778
39%
60%
$1,737/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,737/mo
+$835/mo
7.2%

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: Lancaster

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1635 Frederick Street | Property Details | No Agent List