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$121,000

NAL Estimated Property Value

322 N Lakeview Dr, Lacy Lakeview, TX, 76705

$157,300 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,720 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$79.59 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

ARV FlipAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
CoolingCooling
AppliancesGas Range, Gas Water Heater
FlooringCarpet, Vinyl

Exterior

Lot Size11,252 sqft

Building Information

Year Built1950
Stories1
Garage Spaces2

Land Information

APN200306000209009
Lot Number4,A3
SubdivisionLakeview
Land UseResidential
Legal DescriptionLAKEVIEW LOT A3 4 BLOCK 47 ACRES .2583
Census Tract003200
Assessed Land Value$16,090
Assessed Improvement Value$80,969
Assessment Year2025

About this property

Investor Special! Unique Multi-Unit Property in Connally ISD!!! Great opportunity for investors or owner-occupants looking to house-hack and start your investment journey! Don’t miss this rare investment opportunity featuring a front duplex and an above-garage apartment on one spacious lot. Located in a desirable area of Connally ISD, this property offers three total units with excellent income potential. Each unit offers its own private entrance and parking, giving tenants privacy and convenience. One updated unit is currently occupied, providing immediate cash flow, one unit is being cleaned and prepared to rent, while the third unit is vacant and ready for updates. The garage space below the apartment in the back can be converted to a fourth unit. It's the perfect chance to add value and boost returns. The seller's profit in the last ten years has been over $100,000. Situated close to local parks, retail centers, dining, and entertainment, this property appeals to renters seeking both comfort and location. With strong rental demand and easy access to major roads, it’s an ideal option for investors, 1031 exchanges, or owner-occupants looking to offset their mortgage with rental income. Opportunities like this don’t come around often—schedule your showing today and explore the potential this versatile, income-producing property has to offer!

Investor Tools

Property Icon
$121,000
Estimated Property Value
$174,242Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$157,300
Rent-to-Value Ratio: 0.72%
Rent Estimate
$821 /month
Positive
Cash Flow Estimate:
$274 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$217/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,001
$97,059
2025
$16,090
$80,969
$97,059
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,001
$97,059

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mustang Credit Solutions Llc
Commercial
$175,000
No
First
Feb 9, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$174,242
N/A
0%
144%
$1,050/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$787/mo
$1,050/mo
$-263/mo
7.8%

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: Lacy Lakeview

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322 N Lakeview Dr | Property Details | No Agent List