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$318,000

2824 Skinner Dr, Lorena, TX, 76655

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,752 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.77 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesTrash Compactor, Dishwasher, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan, Electric Water Heater
FlooringLaminate

Exterior

Lot Size7,797 sqft

Building Information

Year Built2021
Stories1
Roof Type105
Garage Spaces2

Land Information

APN362522010001010
Lot Number1
SubdivisionPark Meadows Addn Ph 1-B
Land UseResidential
Legal DescriptionPARK MEADOWS ADDN PH 1-B LOT 1 BLOCK 1 ACRES .179
Census Tract003708
Assessed Land Value$42,730
Assessed Improvement Value$271,060
Assessment Year2025

About this property

Come see this magnificent property in Park Meadows that boasts a large open and airy concept with a huge 3 car garage. The family friendly community with Midway school district is coveted to live at! This property is a LARGE CORNER LOT with no homes behind it as well. This home is a GEM. Beautiful pictures of the inside coming soon.

Investor Tools

Property Icon
$318,000
Estimated Property Value
$237,572Estimated Mortgage Balance
$98,615Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$725/month
$25/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,105
$313,790
2025
$42,730
$271,060
$313,790
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,105
$313,790

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ocmbc Inc
Conventional
$237,572
No
First
Apr 28, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,385
$98,615
31%
69%
$1,425/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$1,450/mo
+$90/mo
5.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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2824 Skinner Dr | Property Details | No Agent List