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$965,000

$975,000

240 Arthur Ct, Lucas, TX, 75002

On MarketInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths2,998 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$321.88 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave
FlooringCarpet, Hardwood, Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size1 acre

Building Information

Year Built2002
Stories1
Garage Spaces3

Land Information

APNR-4855-000-0220-1
Lot Number22
SubdivisionEstates Of Camden (Clu)
Land UseResidential
Legal DescriptionESTATES OF CAMDEN (CLU), LOT 22
Census Tract031314
Assessed Land Value$315,000
Assessed Improvement Value$398,132
Assessment Year2025

About this property

Nestled beneath a canopy of mature trees on a picturesque one-acre creek lot in the prestigious Estates of Camden, this custom one-story residence blends traditional architecture with effortless luxury. Meticulously maintained and beautifully appointed throughout, the home showcases quality craftsmanship, thoughtful design, and refined living. Designed for both everyday comfort and elegant entertaining, the approximately 3,000-square-foot floor plan offers four spacious bedrooms, three beautifully appointed baths, multiple living and dining areas, a private study, and a rare 5-car garage. Rich hardwood floors, custom millwork, built-in cabinetry, and a desirable split-bedroom layout create a warm, sophisticated atmosphere. The open kitchen blends seamlessly to the inviting family room, creating the perfect gathering space. The tranquil primary suite features new carpet and a spa-inspired bath with a frameless glass double shower, quartz countertops, designer tile, updated fixtures, and a custom walk-in closet. Secondary baths are equally refined with frameless glass showers, quartz and granite countertops, vessel sinks, and timeless finishes. Expansive shaded flagstone patios and walkways extend the living spaces outdoors, where mature trees, lush landscaping, and the peaceful creek create a private, park-like setting. A powder-coated galvanized steel perimeter fence with an electric driveway gate provides privacy and security. The impressive 5-car garage pairs an attached 3-car garage with a detached 2-car garage topped by a finished second-story loft — perfect for hobbies, creative pursuits, or extra storage — both featuring epoxy floors and custom cabinetry. Thoughtfully curated enhancements include refreshed kitchen cabinetry, painted living room built-ins, an updated kitchen faucet, and new roofs on both the home and detached garage in 2025. Located within highly acclaimed Lovejoy ISD, this exceptional residence offers refined single-story living at its finest.

Investor Tools

Property Icon
$955,000
Estimated Property Value
$656,250Estimated Mortgage Balance
$300,776Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,790 /month
Positive
Cash Flow Estimate:
$1,930 /month

Interested in this property?

Krista Cheatham

Briggs Freeman Sotheby's Int'l

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$851/month
$480/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,437
$713,132
2025
$315,000
$398,132
$713,132
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,437
$713,132

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Morgan Stanley Private Bank Na
Conventional
$656,250
No
First
Apr 23, 2026
May 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$654,903
$224,097
25%
69%
$3,872/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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240 Arthur Ct | Property Details | No Agent List