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$1,308,000

NAL Estimated Property Value

2640 Hendrix Avenue W, Lucas, TX, 75002

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,135 Sq Ft
price_per_sqft$276.9 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Double Oven, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size1.50 acres

Building Information

Year Built2017
Stories1
Garage Spaces3

Land Information

APNR-10696-00D-0020-1
Lot Number2
SubdivisionCreekside Estates (Clu)
Land UseResidential
Legal DescriptionCREEKSIDE ESTATES (CLU), BLK D, LOT 2
Census Tract031419
Assessed Land Value$472,941
Assessed Improvement Value$785,192
Assessment Year2025

About this property

Multiple offers! Beautiful 1 story has it all! Perfect for entertaining or just enjoying the tranquility w-quiet sunrises & sunsets. Gorgeous open floor plan designed with on trend colors & finish out! Private study boasts a coffered ceiling & views of the sprawling front yard.  Fabulous details include extensive nailed down hardwood floors, custom window coverings including remote controlled in family room, wallpaper accent walls, updated lighting, iron front door, arch ceilings, primary split from guest bedrms. The chef's kitchen has all the bells and whistles including coffee bar, oversized island, gas cooktop & butler's pantry. Primary bedroom has beautiful coffered ceiling & sitting area. Lux primary bath features 2-way open shower, jetted tub, separate vanities +his & her closets! Media room-flex space is currently set up as an exercise room but could be used as a 2nd office or game rm - endless options.New Iron fencing. Exemplary Lovejoy ISD & minutes to highways, retail&dining!

Investor Tools

Property Icon
$1,308,000
Estimated Property Value
$818,907Estimated Mortgage Balance
$489,093Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,848 /month
Positive
Cash Flow Estimate:
$2,616 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,123/month
$900/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,937
$1,258,133
2025
$472,941
$785,192
$1,258,133
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,937
$1,258,133

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$858,750
No
First
Nov 22, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$818,907
$489,093
37%
63%
$5,149/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$6,049/mo
$-2,699/mo
3.1%

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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2640 Hendrix Avenue W | Property Details | No Agent List