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$297,000

NAL Estimated Property Value

2224 Bridle Path Dr, Lancaster, TX, 75146

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,035 Sq Ft
price_per_sqft$140 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

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

Exterior

Lot Size6,317 sqft

Building Information

Year Built2002
Stories1
Roof Type105
Garage Spaces2

Land Information

APN360638500B0100000
Lot Number10
SubdivisionLost Creek
Land UseResidential
Legal DescriptionLOST CREEK BLK B LT 10 INT202400214492 DD10072024 CO-DC 0638500B01000 4CN0638500B
Census Tract016806
Assessed Land Value$65,000
Assessed Improvement Value$215,000
Assessment Year2025

About this property

Tidy traditional in a tidy neighborhood. The home welcomes you with a large formal living and dining room combination. A study flanks the formal living room which provides versatility as either a work-from-home or hobby space. The eat-in kitchen opens to a family room and features a stove, built-in microwave and vent-a-hood combo, large pantry, and a breakfast bar. The family room has a bank of windows, fireplace and a lovely built-in perfect for a television. The primary suite is separated from the other two bedrooms. The primary bath has a large walk in closet, double vanity, soaking tub, and a separate shower. The other bedrooms are a nice size with ample closet space. There is a hall bathroom convenient for guests. The backyard has a concrete patio for outdoor barbecues. Rear entry garage. Wood fence. Separate utility. Buyer to verify information including measurements, schools, room sizes, and MLS data. Information is reliable but not guaranteed.

Investor Tools

Property Icon
$297,000
Estimated Property Value
$190,471Estimated Mortgage Balance
$106,529Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,782 /month
Positive
Cash Flow Estimate:
$594 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$489/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,380
$280,000
2025
$65,000
$215,000
$280,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,380
$280,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Provident Funding Associates Lp
Conventional
$196,000
No
First
Oct 7, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$190,471
$106,529
35%
64%
$1,176/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,176/mo
+$1,396/mo
10.4%

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.

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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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2224 Bridle Path Dr | Property Details | No Agent List