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$275,000

NAL Estimated Property Value

2806 Lolita Way, Heartland, TX, 75126

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,566 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.02 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Dryer, Electric Cooktop, Electric Oven, Microwave, Washer

Exterior

Lot Size4,800 sqft

Building Information

Year Built2020
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.1479.0021.0011.00.01.00
Lot Number11
SubdivisionHeartland Ph 11
Land UseResidential
Legal DescriptionHEARTLAND PH 11, BLOCK 21, LOT 11; & HOUSE & HOUSE
Census Tract050211
Assessed Land Value$75,000
Assessed Improvement Value$200,000
Assessment Year2025

About this property

Available May 1st! Built by Highland Homes and completed in July 2020, this single story in the beautiful Heartland community is a must see! Open concept living and dining with spacious kitchen island, neutral laminate flooring and stainless steel appliances. Plenty of natural light and modern finishes throughout. Washer and dryer included in the separate utility room. Home will be ready for move-in May 1st with a 12-month lease.

Investor Tools

Property Icon
$275,000
Estimated Property Value
$164,998Estimated Mortgage Balance
$110,002Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$758/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,715
$275,000
2025
$75,000
$200,000
$275,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,715
$275,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highland Homeloans Llc
Conventional
$186,480
No
First
Jun 26, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$164,998
$110,002
40%
60%
$1,119/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$1,119/mo
+$1,441/mo
11.2%

City: Heartland

2806 Lolita Way | Property Details | No Agent List