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$1,699,999

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
$500,000Estimated 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%

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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2500 Welborn Ln | Property Details | No Agent List