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$963,000

NAL Estimated Property Value

1775 Northfork Lane, Lucas, TX, 75002

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,038 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$228.77 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Storage
Lot Size2 acres

Building Information

Year Built1998
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-3885-00B-0030-1
Lot Number3
SubdivisionNorthfork Ranch (Clu)
Land UseResidential
Legal DescriptionNORTHFORK RANCH (CLU), BLK B, LOT 3
Census Tract031419
Assessed Land Value$620,000
Assessed Improvement Value$303,121
Assessment Year2025

About this property

Serene country living awaits you at this pristine 2-acre corner estate. Professional landscaping, spacious interior, near city attractions, and in top ranked Lovejoy ISD! Well designed, quality-crafted interior & finishes for living and entertaining in style. Gourmet kitchen features premium cabinetry, high-end appliances, and granite counters. Hardwood floors, fresh paint, new carpet, and plenty of natural light flow throughout. Master suite has dual sinks, bathtub and separate shower. New water heaters added in 2018 and a new roof in 2019. Outdoor living includes a sparkling pool for hot summers, workshop, horse barn and 5 pastures. It will feel like home the moment you arrive! See it soon before it’s gone.

Investor Tools

Property Icon
$963,000
Estimated Property Value
$560,849Estimated Mortgage Balance
$402,151Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,778 /month
Positive
Cash Flow Estimate:
$1,926 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,595/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,330
$923,121
2025
$620,000
$303,121
$923,121
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,330
$923,121

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$630,000
No
First
Sep 30, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$560,849
$402,151
41%
58%
$3,778/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$3,778/mo
$-428/mo
4.2%

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: Lucas

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1775 Northfork Lane | Property Details | No Agent List