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$294,320

NAL Estimated Property Value

3016 Risinger Rd, Lorena, TX, 76655

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,613 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181.59 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Microwave, Vented Exhaust Fan, Electric Water Heater
FlooringCarpet, Vinyl

Exterior

Lot Size6,621 sqft

Building Information

Year Built2021
Stories1
Roof Type105
Garage Spaces2

Land Information

APN362522310013200
Lot Number20
SubdivisionPark Meadows Addn Ph 2
Land UseResidential
Legal DescriptionPARK MEADOWS ADDN PH 2 LOT 20 BLOCK 13 ACRES .152
Census Tract003708
Assessed Land Value$39,070
Assessed Improvement Value$255,250
Assessment Year2025

About this property

Welcome to your dream home! This nearly brand-new residence is in practically perfect condition, offering an open layout that maximizes every square foot. With four spacious bedrooms, a covered porch for outdoor relaxation, and a three-car garage, this home is as functional as it is beautiful. Fiber optic internet is available, so working from your home office will be ideal. The design is both efficient and ideal, featuring a pleasing color palette, granite countertops, and stainless steel appliances in the kitchen, complete with a dedicated pantry. The isolated master suite provides a serene retreat, ensuring privacy and comfort. Pristinely clean and meticulously maintained, this home delivers exceptional value, offering a huge bang for your buck. Don’t miss the chance to make this incredible property yours!

Investor Tools

Property Icon
$294,320
Estimated Property Value
$187,458Estimated Mortgage Balance
$106,862Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,766 /month
Positive
Cash Flow Estimate:
$589 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$678/month
$240/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,667
$294,320
2025
$39,070
$255,250
$294,320
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,667
$294,320

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Conventional
$192,900
No
First
Oct 30, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$187,458
$106,862
36%
64%
$1,157/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,620/mo
$1,397/mo
+$223/mo
6.6%

Learn About the Market: Opportunity in Texas

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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: Lorena

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3016 Risinger Rd | Property Details | No Agent List