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$2,500,000

1860 Mary Lee Lane, Lucas, TX, 75002

On MarketInfo
Beds5 Beds
Baths5 Bath
Baths5,399 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$463.05 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Built-in Barbecue, Courtyard, Fire Pit, Gas Grill, Rain Gutters, Outdoor Grill, Outdoor Kitchen, Garden
Lot Size2.03 acres

Building Information

Year Built2001
Stories2
Garage Spaces4

Land Information

APNR-3722-005-0100-1
Lot Number10
SubdivisionForest Creek Estates (Clu)
Land UseResidential
Legal DescriptionFOREST CREEK ESTATES (CLU), BLK 5, LOT 10
Census Tract031419
Assessed Land Value$944,415
Assessed Improvement Value$1,035,820
Assessment Year2025

About this property

Welcome to 1860 Mary Lee Lane, a private estate that has been masterfully redesigned on over 2 wooded acres, this 6-bedroom, 5-bathroom residence offers an unparalleled lifestyle of comfort and sophisticated entertaining. Step inside to discover a magnificent open-concept living space crowned with vaulted, wood-beamed ceilings and anchored by a beautiful brick fireplace. Rich hardwood floors, laid in a stunning herringbone pattern in the kitchen, connect the living, dining, and kitchen areas. The primary kitchen is a chef's dream, completely remodeled with designer finishes, including custom cabinetry, high-end marble countertops, a professional-grade gas range, and a sprawling central island perfect for gatherings. The serene main-floor primary suite boasts a spacious bedroom and a luxurious, spa-inspired bathroom with a freestanding soaking tub, a large walk-in glass shower, and elegant modern fixtures. This home offers incredible versatility with multiple spacious secondary bedrooms, updated baths, and a light-filled sunroom. A complete upstairs guest suite functions as a private apartment with its own living area, kitchen, access to a massive rooftop sun deck and private staircase. The entire outdoor space has been restructured into a private resort. An expansive covered patio features a full summer kitchen, bar seating, and a cozy brick fireplace. Beyond the patio, a pristine, freeform pool and spa are complemented by a separate poolside cabana with its own kitchen and dining area, perfect for hosting large gatherings. Mature trees, professional landscaping, and a sprawling lawn create a sense of total privacy and tranquility. This is more than a home—it's a private, luxury resort you can enjoy every day, all within the acclaimed Lovejoy ISD.

Investor Tools

$1,400,361Estimated Mortgage Balance
$579,874Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$15,000 /month
Positive
Cash Flow Estimate:
$5,000 /month

Interested in this property?

Kathi Stefanu

Keller Williams Prosper Celina

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,347/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$30,264
$1,980,235
2025
$944,415
$1,035,820
$1,980,235
No

Tax History

Year
Tax Paid
Assessed Value
2024
$30,264
$1,980,235

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Credit Union Of Texas
Conventional
$1,436,500
No
First
Dec 23, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,400,361
$579,874
29%
71%
$8,613/mo

City: Lucas

1860 Mary Lee Lane | Property Details | No Agent List