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$379,030

NAL Estimated Property Value

2973 Driftwood Dr, Lancaster, TX, 75146

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,524 Sq Ft
price_per_sqft$136.69 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater
FlooringCarpet

Exterior

Lot Size8,400 sqft

Building Information

Year Built2016
Stories1
Roof Type105
Garage Spaces2

Land Information

APN870013000C0030000
Lot Number3
SubdivisionBear Creek Ranch
Land UseResidential
Legal DescriptionBEAR CREEK RANCH PH 2 BLK C LT 3 INT202200207509 DD07282022 CO-DC 0013000C00300 4NT0013000C
Census Tract016802
Assessed Land Value$60,000
Assessed Improvement Value$319,030
Assessment Year2025

About this property

***Multiple Offers, Highest and Best By 5p.m. 7-2-2022***Back on Market, Buyers Financing Fell Through... Beautiful Well-Maintained Home Like New! Open Floor Plan, Oversized Master Bedroom, Office, Split Level, Extended Patio, Nice Size Backyard.

Investor Tools

Property Icon
$379,030
Estimated Property Value
$308,727Estimated Mortgage Balance
$70,303Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,274 /month
Positive
Cash Flow Estimate:
$758 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,004/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,149
$379,030
2025
$60,000
$319,030
$379,030
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,149
$379,030

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$332,500
No
First
Jul 28, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$308,727
$70,303
18%
81%
$1,994/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$2,394/mo
+$178/mo
8.1%

City: Lancaster

2973 Driftwood Dr | Property Details | No Agent List