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$330,000

2038 Buttonwood St, Lancaster, TX, 75146

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,882 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$175.35 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range

Exterior

Lot Size7,140 sqft

Building Information

Year Built2020
Stories1
Roof Type105
Garage Spaces1

Land Information

APN369680600B0070000
Lot Number7
SubdivisionMillbrook East Ph 3a
Land UseResidential
Legal DescriptionMILLBROOK EAST PH 3A BLK B LT 7 INT202000125424 DD05152020 CO-DC 9680600B00700 4CN9680600B
Census Tract016806
Assessed Land Value$70,000
Assessed Improvement Value$258,720
Assessment Year2025

About this property

Welcome to 2038 Buttonwood Street in Lancaster a beautifully maintained 3 bedroom, 2 bathroom home built in 2020 with approximately 1,882 square feet of thoughtfully designed living space. Step inside to a bright and inviting interior with an open concept floor plan that creates an easy flow between the living room and kitchen, along with a formal dining area for family meals, entertaining, or special occasions. The layout is ideal for everyday living while also providing plenty of room to gather with family and friends. The kitchen offers ample room for meal preparation and entertaining. Its connection to the main living area allows everyone to stay connected whether enjoying a quiet evening at home or hosting guests. Natural light adds to the warm and welcoming feel of the home. The spacious primary suite provides a private retreat with an ensuite bathroom and room to unwind. Two additional bedrooms provide flexibility for family, overnight guests, a home office, or hobby room. With two full bathrooms and a functional single story layout, the home offers convenience and versatility. Step outside to a backyard with space to relax, entertain, enjoy weekend cookouts, or create your own outdoor retreat. The attached 2 car garage provides convenient parking and storage space. Another great feature of this property is that there is no HOA, giving homeowners additional flexibility without an association fee. The home is conveniently located near schools, major roadways, and everyday necessities. It is also just minutes from the University of North Texas at Dallas, providing convenient access for students, faculty, employees, or anyone looking to stay connected to the southern Dallas area. Built in 2020 and offering a modern floor plan, formal dining area, generous living space, a private backyard, no HOA, and convenient access to surrounding areas, 2038 Buttonwood Street is ready for its next owner. Schedule your showing and come see what this home has to offer.

Investor Tools

$198,797Estimated Mortgage Balance
$129,923Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,980 /month
Positive
Cash Flow Estimate:
$660 /month

Interested in this property?

Raul Castro

Mindset Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$652/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,179
$328,720
2025
$70,000
$258,720
$328,720
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,179
$328,720

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Fha
$226,559
Yes
First
May 15, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$198,797
$129,923
39%
60%
$1,359/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,359/mo
+$613/mo
7.2%

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.

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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