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$122,000

NAL Estimated Property Value

308 West Lanark St, Queen City, TX, 75572

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths999 Sq Ft
price_per_sqft$125.03 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDishwasher, Ice Maker, Microwave, Gas Oven, Gas Water Heater
FlooringVinyl

Exterior

Lot Size13,373 sqft

Building Information

Year Built1975
Garage Spaces1

Land Information

APN10581-00040-00000-000000
Lot Number4
Land UseResidential
Legal DescriptionO JONES ABST 581 TR 4 .307 AC
Census Tract950300
Assessed Land Value$5,620
Assessed Improvement Value$105,150
Assessment Year2025

About this property

Welcome Home! Nestled in a quiet, family-friendly neighborhood just 15–20 minutes south of vibrant Texarkana, this beautifully maintained three-bedroom, one-bath brick charmer offers timeless appeal with modern upgrades. Located in a much sought-after Queen City ISD, you’ll enjoy access to excellent schools, nearby shopping and dining, top-tier medical facilities, and abundant job opportunities. Inside, you'll discover a warm and welcoming layout spanning 999 square feet, with seamless flow into the kitchen and dining areas. The kitchen is well-equipped with ample cabinetry and updated appliances—perfect for anything from weekend cooking to busy weekday mornings. The three cozy bedrooms offer restful retreats with spacious closets, and the bathroom sparkles with stylish finishes and modern fixtures. Recent updates include a new central HVAC system installed in 2024 and a roof that's only 4 years old, providing peace of mind and comfort year-round. Numerous other improvements throughout the home add both beauty and practicality. Step outside to a large private backyard, ideal for family gatherings, grilling out, or unwinding beneath the stars. A charming patio area invites you to relax, while the convenient carport provides extra storage space. And for the outdoor enthusiast, this gem is located just minutes from Atlanta State Park, a haven for camping, water sports, and fishing on the scenic shores of Wright Patman Lake. Whether you're setting down roots or searching for that perfect weekend escape, this delightful property is a rare find. Don’t miss your chance to make it yours!

Investor Tools

Property Icon
$122,000
Estimated Property Value
$101,153Estimated Mortgage Balance
$20,847Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$749 /month
Positive
Cash Flow Estimate:
$250 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$121/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$839
$110,770
2025
$5,620
$105,150
$110,770
No

Tax History

Year
Tax Paid
Assessed Value
2025
$839
$110,770

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Red River Employees Fcu
Conventional
$102,000
No
First
Sep 22, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$101,153
$20,847
17%
83%
$604/mo

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.

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: Queen City

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