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$1,338,346

NAL Estimated Property Value

320 Estelle Ln, Lucas, TX, 75002

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,488 Sq Ft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Exterior FeaturesPrivate Entrance
Lot Size6.91 acres

Building Information

Year Built1980
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-6813-000-0390-1
Lot Number39
SubdivisionBen Sparks Survey
Land UseResidential
Legal DescriptionABS A0813 BEN SPARKS SURVEY, TRACT 39, 6.914 ACRES
Census Tract031419
Assessed Land Value$1,244,520
Assessed Improvement Value$93,826
Assessment Year2025

About this property

Rarely does an opportunity like this become available in the heart of Lovejoy ISD. Nestled on nearly 7 private acres with no HOA, this exceptional property offers the perfect blend of space, seclusion, and future potential in one of North Texas' most sought-after school districts. Surrounded by mature trees and tucked away from the road, the property provides a peaceful country setting while remaining just minutes from shopping, dining, and major commuting routes. One of the last remaining large acreage tracts in Lovejoy ISD, this property is ideal for those seeking privacy, room to roam, and the opportunity to create a true legacy estate. The existing residence and barn offer immediate functionality, allowing you to live comfortably on-site while designing and building your dream home. Whether your vision includes a luxury custom estate, equestrian facilities, a private retreat, or a multi-generational compound, the possibilities are endless. Enjoy scenic views overlooking the large pond at the rear of the property, where stunning sunsets, abundant wildlife, and wide-open spaces create a setting that feels worlds away from the city. The combination of usable pasture, mature trees, water views, and acreage is increasingly difficult to find in Lucas and Lovejoy ISD. A truly unique offering for buyers seeking land, privacy, and the freedom to build their vision without HOA restrictions. Properties of this size and caliber in Lovejoy ISD are becoming exceptionally rare.

Investor Tools

Property Icon
$1,338,346
Estimated Property Value
$0Estimated Mortgage Balance
$1,338,346Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,200 /month
Positive
Cash Flow Estimate:
$3,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$854/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,560
$1,338,346
2025
$1,244,520
$93,826
$1,338,346
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,560
$1,338,346

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,338,346
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
N/A
+$3,350/mo
3.0%

Learn About the Market: Opportunity in Texas

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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: Lucas

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320 Estelle Ln | Property Details | No Agent List