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$266,000

NAL Estimated Property Value

2937 Midbury Drive, Lancaster, TX, 75134

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,763 Sq Ft
price_per_sqft$104.31 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListHigh Equity

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, Plumbed For Ice Maker
FlooringCarpet

Exterior

Lot Size5,506 sqft

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces2

Land Information

APN360009000G0270000
Lot Number27
SubdivisionAmes Meadow Ph Iv
Land UseResidential
Legal DescriptionAMES MEADOW PH IV BLK G LT 27 INT202000036685 DD02042020 CO-DC 0009000G02700 4CN0009000G
Census Tract016708
Assessed Land Value$60,000
Assessed Improvement Value$205,530
Assessment Year2025

About this property

Terrific one story beauty. This lovely home features an open kitchen to the family room with a cozy corner fireplace. There is a study that could be used as a formal dining or a possible 4th bedroom. This great family neighborhood includes a large park, picnic area and neighborhood elementary school. Close to shopping and major highways make this home a great find. Gutters, 8 foot fence,garage door have been replace with in the last 3 years.

Investor Tools

Property Icon
$266,000
Estimated Property Value
$168,799Estimated Mortgage Balance
$97,201Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,596 /month
Positive
Cash Flow Estimate:
$532 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$452/month
$130/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,096
$265,530
2025
$60,000
$205,530
$265,530
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,096
$265,530

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Fha
$186,264
Yes
First
Feb 4, 2020
Feb 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$168,799
$97,201
36%
63%
$1,153/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,283/mo
+$689/mo
8.9%

City: Lancaster

2937 Midbury Drive | Property Details | No Agent List