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$1,500,397

NAL Estimated Property Value

2500 Welborn Ln, Lucas, TX, 75002

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,952 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$430.16 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Tankless Water Heater, Vented Exhaust Fan, Wine Cooler
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesBuilt-in Barbecue, Rain Gutters, Outdoor Grill
Lot Size6 acres

Building Information

Year Built2018
Stories2
Garage Spaces2

Land Information

APNR-6028-006-2200-1
Lot Number220
SubdivisionCalvin Boles Survey
Land UseResidential
Legal DescriptionABS A0028 CALVIN BOLES SURVEY, SHEET 6, TRACT 220, 6.0 ACRES
Census Tract031420
Assessed Land Value$720,000
Assessed Improvement Value$780,397
Assessment Year2025

About this property

Stunning, Ag exempt 6 ACRE property with stocked pond in exclusive Lucas! Seller is offering a $20K Buyer concession! Land is bordered on one side by a creek! Unique cost free opportunity to attend Love Joy ISD if desired through their scholars program! Secluded on a deadend, low traffic road you will enjoy privacy and country living. No HOA here and a home business is allowed! Bring your horses and ride to the Trinity Trail around Lake Lavon! Many high end features including commercial grade Kitchenaide appliances, 6 burner gas cooktop, builtin refrigerator, Marble countertops, farm sink, large walk-in pantry, beverage frig and Real hardwood flooring! Three spacious living areas include a vaulted Living Room featuring a stone gas fireplace and sliding doors overlooking the pond, a tiled Family Room with custom builtins plus a huge upstairs Game Room with separate HVAC. Split primary bedroom with ensuite bath featuring a soaking tub and a double shower! Primary closet has custom builtins and hidden safe room with extra storage! Entertain on the covered patio with gas grill overlooking a pastoral view or sit pond side around the firepit. Other features include a fire sprinkler system, 500 gallon underground propane tank, custom shutters, exterior lighting, surround sound and a 40 x 60 workshop or extra garage with 5 rollup doors! Hurry to enjoy this peaceful neighborhood of estate homes in a country setting in exclusive Lucas! Adopt Stargazing, ATV riding and fishing as your new hobbies or grow a garden! Possibilities are endless with 6 acres! Large TV and entertainment equipment in Family Room remains.

Investor Tools

Property Icon
$1,500,397
Estimated Property Value
$491,943Estimated Mortgage Balance
$1,008,454Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,200 /month
Positive
Cash Flow Estimate:
$3,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,294/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,024
$1,500,397
2025
$720,000
$780,397
$1,500,397
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,024
$1,500,397

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kind Lending Llc
Conventional
$500,000
No
First
Jun 16, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$491,943
$1,008,454
67%
33%
$2,998/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$2,998/mo
+$352/mo
2.7%

City: Lucas

2500 Welborn Ln | Property Details | No Agent List