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$280,630

NAL Estimated Property Value

2438 Meadowgate Lane, Lancaster, TX, 75134

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,831 Sq Ft
price_per_sqft$124.06 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size5,600 sqft

Building Information

Year Built2001
Stories1
Roof Type105
Garage Spaces2

Land Information

APN360009000D0240000
Lot Number24
SubdivisionAmes Meadow
Land UseResidential
Legal DescriptionAMES MEADOW PH 1 BLK D LT 24 INT202100039143 DD02052021 CO-DC 0009000D02400 4CN0009000D
Census Tract016708
Assessed Land Value$60,000
Assessed Improvement Value$220,630
Assessment Year2025

About this property

A beautifully maintained (3) three-bedroom, 2 and 1 half bath home with mature trees just waiting for you! This charming home showcases a fantastic floorplan with a large teenage suite with a large walk-in closet. A large family room area that will allow you to interact with guests effortlessly while hosting gatherings. The kitchen boasts tons of storage and counter space. Come home and relax in your very own garden tub after a long day at work or unwind with a barbeque in the fenced-in backyard! The possibilities are endless for this delightful sanctuary located in Lancaster, TX, just minutes from I35 and a short 2-mile drive to dining, shopping, and entertainment. Don't let this one slip away!

Investor Tools

Property Icon
$280,630
Estimated Property Value
$206,598Estimated Mortgage Balance
$74,032Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,684 /month
Positive
Cash Flow Estimate:
$561 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$529/month
$130/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,945
$280,630
2025
$60,000
$220,630
$280,630
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,945
$280,630

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wallick & Volk Inc
Fha
$220,924
Yes
First
Feb 5, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$206,598
$74,032
26%
74%
$1,378/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,508/mo
+$464/mo
8.4%

City: Lancaster

2438 Meadowgate Lane | Property Details | No Agent List