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$230,000

227 Diane Drive, Sanger, TX, 76266

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,232 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$186.69 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave
FlooringCeramic Tile

Exterior

Lot Size11,199 sqft

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR77585
Lot Number3
SubdivisionHillcrest Sec 1
Land UseResidential
Legal DescriptionHILLCREST SEC 1 BLK D LOT 3
Census Tract020203
Assessed Land Value$63,700
Assessed Improvement Value$220,676
Assessment Year2025

About this property

MULTIPLE OFFERS REC'D. HIGHEST & BEST DUE MONDAY 30TH BY 1:00 PM. Move-in ready with fresh paint and thoughtful updates already done… so you can skip the projects and start enjoying it from day one. Walk in, and you immediately feel it… light, open, and easy. The vaulted ceiling with the exposed beam draws your eye up, while the large bay windows pull in natural light that makes the whole home feel brighter and more alive. It’s the kind of space that lifts your mood the second you step inside. The split floorplan gives you breathing room. At the end of the day, you can retreat to the primary suite for quiet and privacy, while everything else keeps moving on the other side of the home. The kitchen is where life happens. Updated and refreshed with a gas range, farmhouse sink, and clean finishes, it’s both functional and inviting… and perfectly positioned so you can cook while still keeping an eye on the dining and living areas. Whether it’s dinner, homework, or conversation, you stay connected to it all. Just off the kitchen, the dining space is filled with light… the kind of spot where mornings feel calm and evenings feel connected. Step outside and you’ve got space to actually enjoy. A large backyard gives you room to run, play, garden, or unwind under the trees, and the storage shed keeps everything organized without taking over your garage. And when you leave, everything you need is close. Parks nearby for weekends, Sanger Square for convenience, and local favorites like Babe’s Chicken just minutes away. Quick access to I-35 makes getting anywhere simple.

Investor Tools

Property Icon
$284,376
Estimated Property Value
$0Estimated Mortgage Balance
$127,530Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,706 /month
Positive
Cash Flow Estimate:
$569 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$479/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,325
$284,376
2025
$63,700
$220,676
$284,376
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,325
$284,376

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Lending Corp
Conventional
$173,411
No
First
May 17, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$156,846
$127,530
44%
55%
$1,040/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
$1,040/mo
+$960/mo
8.4%

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: Sanger

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227 Diane Drive | Property Details | No Agent List