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$282,000

NAL Estimated Property Value

174 Southwood Drive, Lancaster, TX, 75146

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,515 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$118.81 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Double Oven, Plumbed For Ice Maker
FlooringCarpet, Vinyl

Exterior

Lot Size24,248 sqft

Building Information

Year Built1964
Stories1
Roof Type105
Garage Spaces2

Land Information

APN36082500010130000
Lot Number13
SubdivisionSouthwood
Land UseResidential
Legal DescriptionSOUTHWOOD ESTATE BLK 1 LOT 13 INT201900190629 DD06282019 CO-DC 0825000101300 4CN08250001
Census Tract016802
Assessed Land Value$65,000
Assessed Improvement Value$215,320
Assessment Year2025

About this property

Hidden treasure on an oversized lot. Two lots each measuring approximately 100X174. This three bedroom, two bath gem is cradled by mature fruit and nut trees. Don't miss the workshop that is approximately 16X24. The kitchen has an open concept that allows for entertaining at the bar and interaction with guests in the family room. Enjoy the enclosed sunroom or star watching on the deck. Need a true workroom with privacy no worries. Just feet from the main house is your retreat.

Investor Tools

Property Icon
$282,000
Estimated Property Value
$0Estimated Mortgage Balance
$282,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,692 /month
Positive
Cash Flow Estimate:
$564 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$646/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,339
$280,320
2025
$65,000
$215,320
$280,320
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,339
$280,320

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$282,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
8.4%

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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174 Southwood Drive | Property Details | No Agent List