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$561,000

NAL Estimated Property Value

1662 Brookview Drive, Lancaster, TX, 75416

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,865 Sq Ft
price_per_sqft$241.29 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
FlooringCeramic Tile, Vinyl

Exterior

Lot Size24,127 sqft

Building Information

Garage Spaces2

Land Information

APN60125500030020000
Lot Number2
SubdivisionMeadows
Land UseResidential
Legal DescriptionTHE MEADOWS BLK 3 E PT LT 2 ACS 0.5539 INT202400064409 DD03292024 CO-DC 1255000300200 23612550003
Census Tract016802
Assessed Land Value$76,000
Assessment Year2025

About this property

Step into contemporary elegance with this newly constructed 3-bedroom, 2-bath home situated on a spacious ½-acre lot. Designed for modern living, this home features an open-concept layout that blends comfort, functionality, and smart technology. The kitchen anchors the living space with an oversized island, abundant cabinetry, and customizable color-changing LED accent lighting above and below the cabinets, creating the perfect atmosphere for everyday living or entertaining. Additional upgrades include surround sound, security cameras, and designer lighting throughout. Both bathrooms are thoughtfully designed with illuminated mirrors, adding a sleek, modern touch. The primary bathroom includes a walk-in shower and generous storage, while the hall bathroom is finished with contemporary fixtures and a clean, functional layout. Secondary bedrooms are well-sized, and the utility room includes built-in cabinetry for added organization and convenience. Outdoors, enjoy a large backyard with a wide access gate that fully opens—ideal for RV, boat, or trailer parking, offering flexibility rarely found. Energy-efficient construction, quality finishes, and thoughtful details throughout make this home truly move-in ready

Investor Tools

Property Icon
$561,000
Estimated Property Value
$425,269Estimated Mortgage Balance
$135,731Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,366 /month
Positive
Cash Flow Estimate:
$1,122 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$533/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,591
$76,000
2025
$76,000
N/A
$76,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,591
$76,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Portfolio Mortgage Corp
Fha
$427,121
Yes
First
Feb 6, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$425,269
$135,731
24%
76%
$2,561/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: Lancaster

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1662 Brookview Drive | Property Details | No Agent List