$214,000
NAL Estimated Property Value213 S Elm Street, Lancaster, TX, 75146
Off Market
Property Lead Type:
Off-Market ListHigh EquityMove-In Ready
Highlights
Interior
AppliancesGas Cooktop, Gas Oven, Microwave
FlooringCeramic Tile, Laminate
Exterior
Exterior FeaturesRain Gutters
Lot Size12,070 sqft
Building Information
Year Built1949
Stories1
Roof Type105
Garage Spaces1
Land Information
APN36000500370110000
Lot Number5
SubdivisionOrig Town Lancaster
Land UseResidential
Legal DescriptionORIG TOWN LANCASTER BLK 37-1/2 LT 5 ACS 0.280 INT202100208592 DD07092021 CO-DC 0005003701100 4CN00050037
Census Tract016803
Assessed Land Value$69,400
Assessed Improvement Value$137,590
Assessment Year2025
About this property
Beautiful quiet neighborhood located in the Original Town of Lancaster. Must see newly remodeled 2 bedroom 1 bath home. This home has been meticulously cared for and have so many updates. Corner lot and large fenced backyard with deck.
Investor Tools
$214,000
Estimated Property Value
$211,422Estimated Mortgage Balance
$2,578Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,284 /month
Positive
Cash Flow Estimate:
$428 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$376/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,444
$206,990
2025
$69,400
$137,590
$206,990
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,444
$206,990
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Fha
$208,160
Yes
First
Jul 9, 2021
Aug 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$211,422
$2,578
1%
99%
$1,388/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,388/mo
+$177/mo
8.8%
