$390,740
NAL Estimated Property Value286 Creekwood Drive, Lancaster, TX, 75146
Off Market
Property Lead Type:
Off-Market ListHigh EquityMove-In Ready
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Range
FlooringCarpet, Ceramic Tile, Laminate
Exterior
Lot Size34,841 sqft
Building Information
Year Built1976
Stories1
Roof Type111
Garage Spaces2
Land Information
APN36017500000570000
Lot Number57
SubdivisionCreek Wood
Land UseResidential
Legal DescriptionCREEK WOOD ESTATES UNIT 2 LT 57 INT202000056869 DD02262020 CO-DC 0175000005700 4CN01750000
Census Tract016802
Assessed Land Value$85,000
Assessed Improvement Value$305,740
Assessment Year2025
About this property
Beautiful Home on .7 acre with mature trees Located in established Creek Wood Estates! Many updates throughout, Huge eat in kitchen features granite counter tops, Stainless steel appliances, breakfast bar, island and loads of cabinets. Inviting oversized living area has wood burning fireplace, wet bar and laminate floors. Formal dining area. Updated paint colors throughout home. newly renovated master shower, great for a hobbyist or car enthusiast. Rear entry drive .
Investor Tools
$390,740
Estimated Property Value
$153,556Estimated Mortgage Balance
$237,184Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,344 /month
Positive
Cash Flow Estimate:
$781 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$667/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,046
$390,740
2025
$85,000
$305,740
$390,740
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,046
$390,740
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$175,000
No
First
Feb 26, 2020
Mar 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$153,556
$237,184
60%
39%
$1,050/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,050/mo
+$922/mo
6.1%
