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$294,200

NAL Estimated Property Value

1933 Lemita Dr, Lancaster, TX, 75146

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,804 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166.24 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Refrigerator
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesPrivate Yard
Lot Size7,722 sqft

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces2

Land Information

APN36068050130140000
Lot Number14
SubdivisionMillbrook East
Land UseResidential
Legal DescriptionMILLBROOK EAST PH 1 BLK 13 LT 14 INT202400143872 DD07172024 CO-DC 0680501301400 4CN06805013
Census Tract016806
Assessed Land Value$60,000
Assessed Improvement Value$234,200
Assessment Year2025

About this property

Explore this charming property in this awesome community of Lancaster! This welcoming home features 3 bedrooms, 2 bathrooms, and a two-car garage. Relax in the spacious master suite with a walk-in closet, separate tub, and shower. Entertain in the roomy living room, and enjoy the well-equipped kitchen with ample counter space and the refrigerator stays! Outside, the large backyard is perfect for outdoor activities. Schedule a showing today and make this inviting home yours!

Investor Tools

Property Icon
$294,200
Estimated Property Value
$283,913Estimated Mortgage Balance
$10,287Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,799 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$548/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,100
$294,200
2025
$60,000
$234,200
$294,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,100
$294,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$293,550
No
First
Jul 11, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$283,913
$10,287
3%
97%
$1,760/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,760/mo
+$212/mo
8.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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1933 Lemita Dr | Property Details | No Agent List