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$334,000

NAL Estimated Property Value

2825 Lancer Ln, Garland, TX, 75044

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,562 Sq Ft
price_per_sqft$195.26 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringVinyl

Exterior

Lot Size7,015 sqft

Building Information

Year Built1976
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26074000170250000
Lot Number25
SubdivisionCamelot 7th Sec
Land UseResidential
Legal DescriptionCAMELOT 7TH SEC BLK Q LOT 25 INT202500106420 DD05212025 CO-DC 0740001702500 3CG07400017
Census Tract019031
Assessed Land Value$60,000
Assessed Improvement Value$249,000
Assessment Year2025

About this property

Offer deadline is 8pm on 11-22-2021. Beautifully renovated! A fantastic opportunity, this home features a stylish interior and comes complete with a wood burning fireplace to warm the large living room. Spacious and inviting, the gorgeous upgraded kitchen boasts quartz countertops and new stainless steel appliances. Charming and classy, the second bathroom offers a spa-like ambiance with blue tile surround and brass hardware. The elegant interior features brand-new wide-plank luxury vinyl floors throughout. Featuring just the suburban atmosphere you are looking for in Richardson ISD. Conveniently set in laid-back Camelot neighborhood. This unique home will not last long.

Investor Tools

Property Icon
$334,000
Estimated Property Value
$305,032Estimated Mortgage Balance
$28,968Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,004 /month
Positive
Cash Flow Estimate:
$668 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$573/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,204
$309,000
2025
$60,000
$249,000
$309,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,204
$309,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$310,500
No
First
May 21, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$305,032
$28,968
8%
91%
$1,862/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,862/mo
+$288/mo
7.7%

City: Garland

2825 Lancer Ln | Property Details | No Agent List