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$443,000

NAL Estimated Property Value

224 Walnut Street, Lancaster, TX, 75146

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,900 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$124.14 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range, Microwave, Refrigerator
FlooringCeramic Tile, Laminate

Exterior

Lot Size11,499 sqft

Building Information

Year Built2019
Stories2
Roof Type105
Garage Spaces4

Land Information

APN360035100201R0000
Lot Number1R
SubdivisionBeesle's Second Pjb
Land UseResidential
Legal DescriptionBEESLE'S SECOND PJB BLK 2 LT 1R INT202100040631 DD02032021 CO-DC 0035100201R00 4CN00351002
Census Tract016803
Assessed Land Value$66,120
Assessed Improvement Value$356,730
Assessment Year2025

About this property

WELCOME to the BEST OF BOTH WORLDS! This 3 BED 2 BATH custom home with an attached 1 BED 1 BATH APARTMENT (with full kitchen and washer & dryer connections) is all you need! The custom master suite offers a bathroom with dual sinks, dual closets, garden tub and a stand alone custom shower. You'll be in awe by the open living area adjacent from the custom kitchen! But wait... there's more! The attached apartment (accessed through the fourth garage) will not only provide additional PRIVATE space for your visitors, but can also serve as an income generating asset! Just minutes away from Downtown Lancaster, I-20, I-35, and I-45, providing quick access to everything that Dallas Fort Worth has to offer!

Investor Tools

Property Icon
$443,000
Estimated Property Value
$291,254Estimated Mortgage Balance
$151,746Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,658 /month
Positive
Cash Flow Estimate:
$886 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$827/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,705
$422,850
2025
$66,120
$356,730
$422,850
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,705
$422,850

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highland Homeloans Llc
Conventional
$323,910
No
First
Feb 3, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$291,254
$151,746
34%
66%
$1,943/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,943/mo
+$629/mo
7.0%

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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224 Walnut Street | Property Details | No Agent List