$289,000
NAL Estimated Property Value1724 Worthington Lane, Lancaster, TX, 75134
Off Market
Property Lead Type:
Off-Market ListHigh EquityMove-In Ready
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Range
FlooringCarpet, Laminate
Exterior
Exterior FeaturesStorage
Lot Size7,200 sqft
Building Information
Year Built1993
Stories1
Roof Type105
Garage Spaces2
Land Information
APN36087900010070000
Lot Number7
SubdivisionWellington Park
Land UseResidential
Legal DescriptionWELLINGTON PARK PH 1 BLK 1 LOT 7 INT201800308640 DD11202018 CO-DC 0879000100700 4CN08790001
Census Tract016707
Assessed Land Value$55,000
Assessed Improvement Value$209,620
Assessment Year2025
About this property
If you are looking for a spacious single-story home with a split bedroom floor plan, look no further. This home is move-in ready. Recent updates include fresh paint, carpet, and laminate floors. Two open living areas and dining areas make this home great for entertaining. The large master suite with a separate tub and shower is separated from the three secondary bedrooms. Plus, there is a large storage room in the backyard that can be used for multiple purposes. The home is located near schools and has convenient access to the freeway.
Investor Tools
$289,000
Estimated Property Value
$166,869Estimated Mortgage Balance
$122,131Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,734 /month
Positive
Cash Flow Estimate:
$578 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$512/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,698
$264,620
2025
$55,000
$209,620
$264,620
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,698
$264,620
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homebridge Financial Services Inc
Conventional
$189,377
No
First
Apr 6, 2020
May 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$166,869
$122,131
42%
58%
$1,136/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,136/mo
+$1,436/mo
10.7%
