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$1,588,000

NAL Estimated Property Value

23 Graham Ln, Lucas, TX, 75002

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,418 Sq Ft
price_per_sqft$406.29 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Double Oven

Exterior

Private PoolPrivate Pool
Exterior FeaturesAwning(s), Fire Pit, Rain Gutters, Lighting, Private Entrance, Private Yard
Lot Size4 acres

Building Information

Year Built1995
Stories1
Roof Type105
Garage Spaces3

Land Information

APNR-6354-000-0140-1
Lot Number14
SubdivisionJas Grayum Survey
Land UseResidential
Legal DescriptionABS A0354 JAS GRAYUM SURVEY, TRACT 14, 4.0 ACRES
Census Tract031419
Assessed Land Value$960,000
Assessed Improvement Value$528,611
Assessment Year2025

About this property

Got horses? Nestled on 4 expansive acres in the Lovejoy School District, this gorgeous estate offers a perfect blend of luxury, space, and privacy with no HOA. Step inside and be greeted by a light-filled floor plan featuring thoughtful details throughout including hand scraped hardwood floors, built ins, and stone features. The living and kitchen areas offer sweeping views of the private outdoor oasis. Each bedroom has an en-suite bathroom and walk in closet. Outdoor living is at its best here, with a sparkling pool and expansive patio area that are ideal for enjoying the Texas sunshine. The covered outdoor living space is perfect for year-round entertaining, offering ample room for lounging, dining, and unwinding. For car enthusiasts or those in need of extra storage, the 4-car garage is complemented by a massive 30x50 insulated metal building, providing space for a workshop, additional vehicles, or hobbies. The building is on a separate power source from the main home and has been plumbed in for a bathroom. The possibilities are endless! Situated in the sought-after Lovejoy ISD, this property offers the perfect balance of privacy, luxury, and convenience. Whether you’re relaxing by the pool, exploring the acreage, or entertaining in style, this home is a rare find. Schedule your private tour today!

Investor Tools

Property Icon
$1,588,000
Estimated Property Value
$798,181Estimated Mortgage Balance
$789,819Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,770 /month
Positive
Cash Flow Estimate:
$3,590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,099/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,243
$1,488,611
2025
$960,000
$528,611
$1,488,611
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,243
$1,488,611

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jt Inc
Conventional
$805,200
No
First
Nov 3, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$798,181
$789,819
49%
50%
$4,828/mo

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: Lucas

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