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$300,000

2805 Brosnan Rd, Lorena, TX, 76655

$300,217 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,717 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$185.79 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Microwave, Electric Water Heater
FlooringCarpet, Vinyl

Exterior

Lot Size7,797 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces2

Land Information

APN362522500029140
Lot Number14
SubdivisionPark Meadows Addn Ph 3
Land UseResidential
Legal DescriptionPARK MEADOWS ADDN PH 3 LOT 14 BLOCK 29 ACRES .179
Census Tract003708
Assessed Land Value$42,730
Assessed Improvement Value$234,850
Assessment Year2025

About this property

Super Clean and Well Maintained Park Meadows move-in ready 3 Bedroom/2 Bath home comes with a hard to find THREE car garage in Midway ISD! Open Living/Dining/Kitchen. Kitchen features granite counters, upgraded Whirlpool stainless steel appliances, walk-in pantry, and oversized island. Additional upgrades include ceiling fans, garage door opener, sprinkler system, screened-in back porch, and fully landscaped plus several trees. Park Meadows...just five minutes away from the school, restaurants, HEB, and Walmart, easy access to I35 and 15 minutes to Baylor or downtown Waco. There's something for everyone to enjoy in this desirable location. Your family will love the outdoor activities that await them in Park Meadows, such as the community park. Kids and family members alike can have fun in the sun with plenty of room to run around. Make an appointment today, tour this lovely home, fall in love, and make it your own!!!

Investor Tools

Property Icon
$300,000
Estimated Property Value
$285,300Estimated Mortgage Balance
$20,581Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$300,217
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,914 /month
Positive
Cash Flow Estimate:
$638 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$664/month
$240/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,474
$277,580
2025
$42,730
$234,850
$277,580
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,474
$277,580

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
1st Alliance Mortgage Llc
Conventional
$285,300
No
First
Mar 3, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$279,419
$20,581
6%
93%
$1,711/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$1,951/mo
$-411/mo
6.2%

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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