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$216,000

NAL Estimated Property Value

311 CEDAR Street, Lancaster, TX, 75146

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,152 Sq Ft
price_per_sqft$172.74 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator
FlooringVinyl

Exterior

Exterior FeaturesStorage
Lot Size8,464 sqft

Building Information

Year Built1930
Stories1
Roof Type105

Land Information

APN36000500100040000
Lot Number4
SubdivisionOrig Town Lancaster
Land UseResidential
Legal DescriptionORIG TOWN LANCASTER BLK 10 LOT 4 INT202100075717 DD03082021 CO-DC 0005001000400 4CN00050010
Census Tract016803
Assessed Land Value$48,670
Assessed Improvement Value$156,020
Assessment Year2025

About this property

2 bedroom 2.5 baths in vintage 1920 home Lancaster Historic District. all new wiring, plumbing, central heat air, e glass double pane windows, insulation in walls, ceilings, Open floor plan. Designer cabinets, soft close, granite, glass tile backsplash, crystal pendant lights, stainless appliances, incl.French door refrigerator, Private bedrooms with bath. Shower & tub has tile to ceiling, unique vanities, marble top, high double flush toilets. Utiity room has space for stack washer dryer, sink, 20 year warranty Exterior paint, 20 year warranty on vinyl snap floor. 36in doors for handicap. Concrete drive to back door, shade trees. , front porch for swing. storage bldg. well for watering yard.

Investor Tools

Property Icon
$216,000
Estimated Property Value
$151,495Estimated Mortgage Balance
$64,505Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,296 /month
Positive
Cash Flow Estimate:
$432 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$352/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,139
$204,690
2025
$48,670
$156,020
$204,690
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,139
$204,690

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$168,150
No
First
Mar 8, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$151,495
$64,505
29%
70%
$1,009/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,009/mo
+$556/mo
8.7%

City: Lancaster

311 CEDAR Street | Property Details | No Agent List