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$404,000

NAL Estimated Property Value

2123 Candace Drive, Lancaster, TX, 75146

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,223 Sq Ft
price_per_sqft$74.46 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Electric Oven, Electric Range, Refrigerator
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size8,820 sqft

Building Information

Year Built2006
Stories2
Roof Type105
Garage Spaces2

Land Information

APN870013000E0050000
Lot Number5
SubdivisionBear Creek Ranch
Land UseResidential
Legal DescriptionBEAR CREEK RANCH PH 1 BLK E LT 5 INT201800267647 DD10032018 CO-DC 0013000E00500 4NT0013000E
Census Tract016802
Assessed Land Value$62,500
Assessed Improvement Value$321,350
Assessment Year2025

About this property

Welcome to the side of Bearcreek you never knew about! This beautiful home sits on a secluded cul-de-sac providing spacious rooms including one master downstairs and upstairs, study room, morning room, and an amazing movie that includes a projector, speakers and a control room. Bright and airy home great for entertaining inside the home or enjoy your backyard with amazing greenery! Community includes a waterpark, trails, and playgrounds!

Investor Tools

Property Icon
$404,000
Estimated Property Value
$21,199Estimated Mortgage Balance
$382,801Estimated Equity
94% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,424 /month
Positive
Cash Flow Estimate:
$808 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$827/month
$395/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,909
$383,850
2025
$62,500
$321,350
$383,850
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,909
$383,850

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$21,712
Yes
First
Jan 8, 2025
May 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$21,199
$382,801
94%
5%
$131/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$526/mo
+$2,046/mo
7.6%

City: Lancaster

2123 Candace Drive | Property Details | No Agent List