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$1,383,229

NAL Estimated Property Value

229 Lee Drive, Lucas, TX, 75002

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths4,996 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$179.94 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit, Rain Gutters, Lighting
Lot Size1.04 acres

Building Information

Year Built2012
Stories1
Garage Spaces3

Land Information

APNR-9347-00A-0150-1
Lot Number15
SubdivisionEdgewood Estates
Land UseResidential
Legal DescriptionEDGEWOOD ESTATES, BLK A, LOT 15
Census Tract031419
Assessed Land Value$327,380
Assessed Improvement Value$1,055,849
Assessment Year2025

About this property

Immaculate maintained home nestled on over an acre welcomes both gracious gatherings and comfortable relaxation in highly desired Lovejoy ISD. This former Paul Taylor model home features an outdoor retreat with a custom Foley pool and spa, firepit, large covered patio & pergola and is treed for privacy. This lovely 1 story home has 5 beds & 5 full baths. Spacious kitchen is a chef’s dream with a 6-burner commercial grade gas cooktop, double oven, island, brkfst bar & knotty alder cabinets. Kitchen overlooks Brkfst with beamed ceiling and living room with a corner stone fireplace. Home boasts hand scraped hardwood floors in main living areas. Exercise room flooring, projector and screen convey with the property.

Investor Tools

Property Icon
$1,383,229
Estimated Property Value
$610,675Estimated Mortgage Balance
$772,554Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,299 /month
Positive
Cash Flow Estimate:
$2,766 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,155/month
$975/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,946
$1,383,229
2025
$327,380
$1,055,849
$1,383,229
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,946
$1,383,229

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliant Cu
Conventional
$670,000
No
First
Sep 10, 2021
Oct 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$610,675
$772,554
55%
44%
$4,017/mo

City: Lucas

229 Lee Drive | Property Details | No Agent List