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$800,000

NAL Estimated Property Value

3 Graham Ln, Lucas, TX, 75002

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths2,987 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$267.83 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Gas Cooktop
FlooringCeramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size2.50 acres

Building Information

Year Built2013
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-6354-000-0320-1
Lot Number32
SubdivisionJas Grayum Survey
Land UseResidential
Legal DescriptionABS A0354 JAS GRAYUM SURVEY, TRACT 32, 2.499 ACRES
Census Tract031419
Assessed Land Value$774,690
Assessed Improvement Value$25,310
Assessment Year2025

About this property

Welcome to your dream home in Lovejoy ISD! This charming 1-story home sits on 2.5 acres, situated on a quiet street, surrounded by mature trees. Step inside to gorgeous features including a cozy stone fireplace, wood beam accents, decorative lighting, wood floors & a touch of southwestern flair. The main floorplan of 2411sf offers a versatile office nook area, large bedrooms, secondary living area & oversized 2-car garage. This property also includes a 575sf separate guest house with a kitchenette, living area, bedroom, & full bath. Outside, the spacious backyard is complete with a covered patio, open outdoor living area, & a refreshing pool for endless summer fun. Additional features include a storage shed & large driveway for extra parking. New exterior paint! Located conveniently close to the shops of Allen & Fairview, this home offers the perfect blend of tranquility and accessibility. NOTE: Main house is 2411sf, Guest House in 575sf.

Investor Tools

Property Icon
$800,000
Estimated Property Value
$579,371Estimated Mortgage Balance
$220,629Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,800 /month
Positive
Cash Flow Estimate:
$1,600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$744/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,933
$800,000
2025
$774,690
$25,310
$800,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,933
$800,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Uif Corp
Conventional
$600,000
No
First
Jun 28, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$579,371
$220,629
27%
72%
$3,598/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$3,598/mo
$-248/mo
5.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lucas

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