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$238,162

NAL Estimated Property Value

2003 Lake Trail Drive, Heartland, TX, 75126

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,360 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$191.1 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

BankruptcyOff-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Lot Size5,462 sqft

Building Information

Year Built2008
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.1443.0011.0016.00.01.00
Lot Number16
SubdivisionHeartland Tr A Ph 2a
Land UseResidential
Legal DescriptionHEARTLAND TR A PH 2A, BLOCK 11, LOT 16; & HOUSE & HOUSE
Census Tract050211
Assessed Land Value$70,000
Assessed Improvement Value$168,162
Assessment Year2025

About this property

FULLY RENOVATED STUNNING HOME in Heartland featuring 3 bedrooms and 2 full bathrooms! NEW Roof, NEW Water Heater, NEW Flooring, NEW HVAC with fresh paint ready to go for the new owner! GORGEOUS granite counters in the kitchen, master bathroom and guest bath! TONS of amenities just around the corner including multiple pools, sports park area, fishing ponds, walking trails, splash pads and MUCH MORE! Excellent location just off I20 for easy commuting with tons of new businesses popping up each month! Just 10 minutes from the Crossroads at Terrell with Buccee's, Texas Roadhouse, Olive Garden, Academy and MANY MORE stores for shopping, entertainment and restaurants! Do NOT miss this one!!

Investor Tools

Property Icon
$238,162
Estimated Property Value
$226,017Estimated Mortgage Balance
$12,145Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,559 /month
Positive
Cash Flow Estimate:
$520 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$563/month
$205/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,567
$238,162
2025
$70,000
$168,162
$238,162
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,567
$238,162

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$240,000
No
First
Mar 14, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$226,017
$12,145
5%
95%
$1,439/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$1,644/mo
+$916/mo
12.9%

City: Heartland

2003 Lake Trail Drive | Property Details | No Agent List