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$304,900

223 N CREST Street, Lancaster, TX, 75146

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,224 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$120.95 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Vented Exhaust Fan
FlooringCarpet, Vinyl, Wood

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size19,689 sqft

Building Information

Year Built1954
Stories1
Roof Type105
Garage Spaces2

Land Information

APN36036500050010000
Lot Number1 & 2
SubdivisionHarvest Hill
Land UseResidential
Legal DescriptionHARVEST HILL 2 BLK E LT 1 & 2 INT202100202977 DD06302021 CO-DC 0365000500100 4CN03650005
Census Tract016803
Assessed Land Value$75,000
Assessed Improvement Value$229,900
Assessment Year2025

About this property

One owner stone ranch. Almost half acre corner lot. Covered patio for entertaining, basketball goal, kids play area on other half. 1994 tornado cause total update & repairs, new windows, other updates. Kitchen baths close to original. Very livable in current condition. Wood flooring, formals, den with fireplace, greenhouse window in breakfast area, converted garage has 2 walk in closets and utility closet. Pretty soft colored tile in baths. Tub shower in hall, shower in master. Owner has engineer report and estimated repair cost of $8,000 they will do with full price offer. Lots of light. Near Blue Ribbon West Main elementary school, 6th grade and Middle campus.

Investor Tools

Property Icon
$304,900
Estimated Property Value
$0Estimated Mortgage Balance
$89,670Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,829 /month
Positive
Cash Flow Estimate:
$610 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$559/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,189
$304,900
2025
$75,000
$229,900
$304,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,189
$304,900

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank & Trust
Conventional
$237,500
No
First
Jun 30, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$215,230
$89,670
29%
71%
$1,424/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,424/mo
+$548/mo
7.8%

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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223 N CREST Street | Property Details | No Agent List