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Owner Contacts

$239,000

211 Walnut St, Lancaster, TX, 75146

Off Market

4 Beds

3 Bath

1,621 Sq Ft

Single Family Residence

$147.44 / sqft

Built in 1950

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Heating Central

Cooling

AppliancesDishwasher, Dryer, Gas Oven, Gas Range, Refrigerator, Washer

FlooringCarpet, Hardwood, Laminate, Linoleum

Exterior

Lot Size14,600 sqft

Building Information

Year Built1950

Stories1

Roof Type105

Land Information

APN36003500030040000

Lot Number4-5

SubdivisionT J Beesleys

Land UseResidential

Legal DescriptionT J BEESLEYS 2 BLK 3 LOTS 4 & 5 INT202400223906 DD10292024 CO-DC 0035000300400 4CN00350003

Census Tract016803

Assessed Land Value$83,950

Assessed Improvement Value$163,050

Assessment Year2025

About this property

OPEN HOUSE SAT 2-4. Nestled in a quiet neighborhood with mature trees, this 1950s home offers a unique blend of classic charm and modern -convenience. Situated on an expansive double lot, this property presents an exceptional opportunity for both space and style. The kitchen showcases custom cabinetry, stainless steel appliances, and farmhouse sink, making meal preparation a delight. The expansive double lot is a rare find, providing endless possibilities for outdoor enjoyment, gardening, expansion, or even the addition of a pool or guest house. Let your imagination run wild and create your own outdoor oasis. Home was updated with new vinyl windows, plumbing and electrical in 2014. Part of sewer line replaces Feb 2024. Back bedroom was just finished out with new sheetrock, paint and flooring. Attached bathroom also just newly updated with new tile floors and fresh paint. AGENTS PLEASE READ PRIVATE REMARKS AND CHECK TRANSACTION DESK FOR ALL PAPERWORK.

Investor Tools

$268,000

Estimated Property Value

$239,590Estimated Mortgage Balance

$35,169Estimated Equity

11% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,608 /month

Positive

Cash Flow Estimate:

$536 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$240/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,535

$247,000

2025

$83,950

$163,050

$247,000

Tax History

Year

Tax Paid

Assessed Value

2024

$1,535

$247,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Conventional

$239,590

First

Oct 29, 2024

Nov 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$232,831

$35,169

13%

87%

$1,437/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,572/mo

$1,437/mo

+$1,135/mo

11.5%

Learn About the Market: Opportunity in Texas

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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.

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