Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
Days42Days on Market
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$1,275,000

$1,299,000

303 Strain Lane, Lucas, TX, 75002

On MarketInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths3,665 Sq Ft
price_per_sqft$347.89 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Electric Oven, Gas Water Heater, Microwave, Double Oven
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit, Rain Gutters, Lighting
Lot Size2.01 acres

Building Information

Year Built2012
Stories1
Garage Spaces3

Land Information

APNR-9236-00B-0050-1
Lot Number5
SubdivisionCimarron Phase Ii (Clu)
Land UseResidential
Legal DescriptionCIMARRON PHASE II (CLU), BLK B, LOT 5
Census Tract031419
Assessed Land Value$561,236
Assessed Improvement Value$817,503
Assessment Year2025

About this property

A rare opportunity in the coveted Cimarron community! A stately brick and stone exterior and a grand pillared driveway welcome you to this exquisite custom built single-story home. Majestically set on a private 2-acre corner lot in Lucas and zoned for the nationally-ranked Lovejoy ISD! Inside, the home opens to a show stopping great room where dramatic natural wood cathedral ceilings and a magnificent stone fireplace create an atmosphere of rustic elegance. The quality craftsmanship and attention to detail are evident throughout. The gourmet chef's kitchen is a masterpiece, featuring bright white cabinetry, a large island, granite countertops, and a full suite of stainless steel appliances. Retreat to the luxurious primary suite, which features a spa-like ensuite bath complete with dual vanities, a large soaking tub, and a separate walk-in shower. Rich, handscraped hardwood floors flow through a seamless floor plan that includes 4 bedrooms, a private study, and a versatile gameroom or media room. The exterior is a true private resort. The tree-lined backyard oasis features a stunning pool and spa, an expansive covered patio with a custom pergola, and a cozy fire pit designed to capture the out-of-this-world Texas sunsets. Perfectly positioned, this property offers the tranquility of country living with the convenience of city amenities just minutes away. Enjoy premier shopping, dining, and entertainment at nearby hubs like The Village at Allen, Allen Premium Outlets, and Watters Creek. With effortless access to major highways like US-75, your commute across the DFW metroplex is a breeze. This is more than a home; it's a lifestyle. Offering an unparalleled combination of privacy, luxury, and academic excellence, this Cimarron estate is truly in a class of its own. Don't miss it!

Investor Tools

$0Estimated Mortgage Balance
$1,378,739Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,272 /month
Positive
Cash Flow Estimate:
$2,757 /month

Interested in this property?

Jessica Hughey

Keller Williams NO. Collin Cty

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,871/month
$164/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,563
$1,378,739
2025
$561,236
$817,503
$1,378,739
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,563
$1,378,739

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,378,739
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$164/mo
+$3,186/mo
2.9%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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: Lucas

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

303 Strain Lane | Property Details | No Agent List