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$272,000

NAL Estimated Property Value

2705 Skinner Dr, Lorena, TX, 76655

$280,572 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,529 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$130.74 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Water Heater, Disposal, Microwave, Vented Exhaust Fan
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size6,621 sqft

Building Information

Year Built2017
Stories1
Roof Type105
Garage Spaces2

Land Information

APN362522010002140
Lot Number14
SubdivisionPark Meadows Addn Ph 1-B
Land UseResidential
Legal DescriptionPARK MEADOWS ADDN PH 1-B LOT 14 BLOCK 2 ACRES .152
Census Tract003708
Assessed Land Value$39,070
Assessed Improvement Value$231,660
Assessment Year2025

About this property

This adorable and immaculate - better than new home - is in a quiet section and good location within the desirable Park Meadows neighborhood. The spacious kitchen has a huge island/eating bar and an open layout with the family room and breakfast area. The master suite is isolated and has a large closet and a wonderful bathroom layout. Two other bedrooms and another full bathroom are on the opposite side of the home. Neutral colors, pretty granite counters, raised ceiling treatments, ample storage space, and an established fenced yard with a sprinkler system are other features that make this home so special. The Ring, Nest thermostat system, and security system convey with the house.

Investor Tools

Property Icon
$272,000
Estimated Property Value
$150,958Estimated Mortgage Balance
$121,042Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$280,571
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,632 /month
Positive
Cash Flow Estimate:
$544 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$624/month
$20/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,128
$270,730
2025
$39,070
$231,660
$270,730
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,128
$270,730

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Bank Central Texas
Open End Mortgage / Open End With Future Advance Clause
$169,915
No
First
Aug 25, 2020
Aug 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$150,958
$121,042
44%
55%
$1,019/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$1,039/mo
+$501/mo
6.8%

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: Lorena

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2705 Skinner Dr | Property Details | No Agent List