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$2,335,867

1977 Mary Lee Lane, Lucas, TX, 75002

Off MarketInfo
Beds6 Beds
Baths6 Bath
Baths5,540 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$324.01 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 4.5Bathrooms Full 4.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Gas Range, Microwave, Vented Exhaust Fan
FlooringCarpet, Marble, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Rain Gutters, Lighting
Lot Size2.18 acres

Building Information

Year Built2000
Stories2
Roof Type104
Garage Spaces3

Land Information

APNR-3722-001-0070-1
Lot Number7
SubdivisionForest Creek Estates (Clu)
Land UseResidential
Legal DescriptionFOREST CREEK ESTATES (CLU), BLK 1, LOT 7
Census Tract031419
Assessed Land Value$1,083,264
Assessed Improvement Value$1,252,603
Assessment Year2025

About this property

STUNNING Mediterranean style home on a wooded creek lot! Sitting at the end of a culdesac, the drive up and curb appeal of this home will make you excited to be there and the layout and function of the interior will make you want to stay! The updated kitchen opens to the family room with doors that lead to the back patio and pool area. Private study with doors to the exterior and built ins make organizing a breeze. Guest bedroom down and master bedroom and 4 other bedrooms upstairs. Enjoy the balcony off the master overlooking the back and side yards. Sports court, diving pool, fire pit, creek....so many great things to enjoy outside! You will not want to miss this home!

Investor Tools

Property Icon
$2,335,867
Estimated Property Value
$0Estimated Mortgage Balance
$787,758Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$14,015 /month
Positive
Cash Flow Estimate:
$4,672 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,871/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$34,775
$2,335,867
2025
$1,083,264
$1,252,603
$2,335,867
No

Tax History

Year
Tax Paid
Assessed Value
2024
$34,775
$2,335,867

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quontic Bank Fsb
Conventional
$1,436,000
No
First
Oct 25, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,548,109
$787,758
33%
66%
$10,085/mo

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.

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: Lucas

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1977 Mary Lee Lane | Property Details | No Agent List