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$285,000

3005 Lawndale Dr, Lancaster, TX, 75134

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,114 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$141.91 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave
FlooringCeramic Tile, Hardwood, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size5,355 sqft

Building Information

Year Built1989
Stories1
Roof Type105
Garage Spaces2

Land Information

APN360095000E0150000
Lot Number15
SubdivisionBrookhaven
Land UseResidential
Legal DescriptionBROOKHAVEN ESTATES 2 PH B 3RD REP BLK E LT 15 INT202300089380 DD05052023 CO-DC 0095000E01500 4CN0095000E
Census Tract016704
Assessed Land Value$60,000
Assessed Improvement Value$214,050
Assessment Year2025

About this property

If you are looking for a place to call home with extra space in Lancaster, look no further! This 4 bedroom, 2 bath home has a converted garage that offers an additional bedroom and a flex space that can be used as an office or gameroom, tucked off in the back of the home. In addition to a spacious master bedroom, the back patio was converted into a spacious sunroom where you can enjoy the flexibility og a nice day in your backyard with the sliding glass doors opened or closed. Granite countertops, hardwood flooring throughout, and newly installed luxury vinyl plank in the kitchen. This home needs just a little more TLC to put your own little twist on it. Lots of space in the backyard, despite rear entry parking. Let's look no further and focus on the offer you'd like to make!

Investor Tools

Property Icon
$285,000
Estimated Property Value
$215,000Estimated Mortgage Balance
$81,827Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$676/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,681
$274,050
2025
$60,000
$214,050
$274,050
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,681
$274,050

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lamec Inc
Purchase Money Mortgage
$215,000
No
First
May 5, 2023
Jul 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$203,173
$81,827
28%
71%
$1,290/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,290/mo
+$1,282/mo
10.8%

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.

Explore Texas Explore This Area
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: Lancaster

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3005 Lawndale Dr | Property Details | No Agent List