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$334,970

NAL Estimated Property Value

2987 Driftwood Dr, Lancaster, TX, 75146

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,995 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162.91 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal

Exterior

Lot Size8,925 sqft

Building Information

Year Built2016
Stories1
Roof Type105
Garage Spaces2

Land Information

APN870013000D0120000
Lot Number12
SubdivisionBear Creek Ranch
Land UseResidential
Legal DescriptionBEAR CREEK RANCH PH 2 BLK D LT 12 INT202300137015 DD07032023 CO-DC 0013000D01200 4NT0013000D
Census Tract016802
Assessed Land Value$69,000
Assessed Improvement Value$265,970
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED. Deadline June 8th by 3pm. Abracadabra! STYLE, ELEGANCE & METICULOUS DETAIL! You have arrived as you're welcomed into the INVITING foyer space. Uniquely different from other homes, you'll enter an OVERSIZED Media Room. The Summer season is amongst us. The OPEN CONCEPT floor plan is perfect for ENTERTAINING. Enjoy the CHEF STYLE kitchen that comes with SS appliances, granite & tumbled marble backsplash that OVERLOOKS the Family Room. Enter the Main bedroom Retreat, with a KING-SIZED closet, that's designed for ROYALTY. Near the HOTTEST GROWING corridor, with Business Centers, Shopping, and Entertainment. A RARITY at its finest.

Investor Tools

Property Icon
$334,970
Estimated Property Value
$305,327Estimated Mortgage Balance
$29,643Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,010 /month
Positive
Cash Flow Estimate:
$670 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$887/month
$434/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,969
$334,970
2025
$69,000
$265,970
$334,970
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,969
$334,970

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$322,000
No
First
Jul 3, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$305,327
$29,643
8%
91%
$1,931/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,365/mo
$-393/mo
7.1%

City: Lancaster

2987 Driftwood Dr | Property Details | No Agent List