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$423,000

264 Clara Lane, Kilgore, TX, 75662

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,003 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$212.93 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave, Refrigerator, Electric Water Heater
FlooringTile

Exterior

Lot Size28,493 sqft

Building Information

Roof Type109
Garage Spaces2

Land Information

APN1668000000-002-00-04
Lot Number2
Land UseSingle Family Residential Assumed
Legal DescriptionLT 2 CEDAR RIDGE SUB
Census Tract010401
Assessed Land Value$52,500
Assessed Improvement Value$265,650
Assessment Year2025

About this property

Welcome to your dream home nestled in the prestigious Cedar Ridge community, where luxury meets functionality. This remarkable corner lot property not only offers a beautiful residence but also extends to the highway, providing two convenient entrances. With an existing gate in the privacy fence giving you access to the back of the property, you have enhanced security and ample outdoor space, perfect for building a shop or pursuing other outdoor projects. As you step inside, you'll be greeted by a thoughtfully designed layout featuring three spacious bedrooms, three luxurious bathrooms, and a dedicated office space ideal for remote work or study. Elegant interiors await, showcasing stunning countertops and beautiful tile flooring that seamlessly flow throughout the home. This home also offers exceptional storage solutions, including a convenient drop zone located right off the garage, ensuring your belongings are organized and easily accessible. The interior walls are constructed with 2x6 framing, enhancing energy efficiency and providing excellent noise reduction for a tranquil living environment. With modern black finishes and light tile flooring, the bright and airy atmosphere invites you to relax and unwind. The spacious kitchen, featuring a large island, opens up to the living area complete with an electric fireplace that adds warmth and ambiance, making it ideal for entertaining or enjoying cozy evenings at home. Don’t miss your chance to own this exquisite property in Cedar Ridge. Schedule your private tour today and explore the perfect blend of luxury, comfort, and endless possibilities that await you!

Investor Tools

Property Icon
$423,000
Estimated Property Value
$0Estimated Mortgage Balance
$190,803Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,559 /month
Positive
Cash Flow Estimate:
$853 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$207/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$372
$318,150
2025
$52,500
$265,650
$318,150
No

Tax History

Year
Tax Paid
Assessed Value
2024
$372
$318,150

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$236,000
Yes
First
Jun 4, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$232,197
$190,803
45%
55%
$1,415/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: Kilgore

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264 Clara Lane | Property Details | No Agent List