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$314,000

NAL Estimated Property Value

227 E Hammond Street, Lancaster, TX, 75146

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,918 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$114.65 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

AuctionOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range
FlooringCarpet, Ceramic Tile

Exterior

Lot Size7,000 sqft

Building Information

Year Built2019
Stories1
Roof Type105
Garage Spaces2

Land Information

APN36003500060010000
Lot Number1
SubdivisionT J Beesleys
Land UseResidential
Legal DescriptionT J BEESLEYS 2 BLK 6 LT 1 INT202000360854 INT202000226899 DD07312020 CO-DC 0035000600100 4CN00350006
Census Tract016803
Assessed Land Value$40,250
Assessed Improvement Value$262,420
Assessment Year2025

About this property

Newly constructed 4-2 house minutes from Lancaster's historic downtown. Nestled in a historic neighborhood. Features carpet and ceramic tile flooring and granite counter tops in the master bathroom and kitchen. Home and land offered with competitive bidding. Auctioneer answers offer instructions. Owner reserves the right of confirmation. Multiple offers expected. Type in OFFRZ.BID Offers subject to terms and conditions of sale as posted online. Must register for details. Bids may be accepted until full executed contract. Purchase Premiums apply, purchasers pay closing cost, commissions. Property sold as presented. Additional detail may be obtained by asking Myers Jackson DFW REALTOR, Texas Auctioneer 17057.

Investor Tools

Property Icon
$314,000
Estimated Property Value
$88,370Estimated Mortgage Balance
$225,630Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,884 /month
Positive
Cash Flow Estimate:
$628 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$526/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,738
$302,670
2025
$40,250
$262,420
$302,670
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,738
$302,670

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bokf Na
Commercial
$94,000
No
First
Feb 17, 2023
Mar 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$88,370
$225,630
71%
28%
$564/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$564/mo
+$2,008/mo
9.8%

City: Lancaster

227 E Hammond Street | Property Details | No Agent List