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$205,000

3906 Lancelot Ln, Temple, TX, 76502

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,258 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162.96 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range, Gas Water Heater, Microwave
FlooringTile, Vinyl

Building Information

Year Built1968
Stories1
Roof Type105
Garage Spaces2

Land Information

APN65182
Lot Number9
SubdivisionTerrace Gardens Second Unit
Land UseResidential
Legal DescriptionTERRACE GARDENS SECOND UNIT, BLOCK 006, LOT 0009
Census Tract021301
Assessed Land Value$30,000
Assessed Improvement Value$155,215
Assessment Year2025

About this property

Welcome to this beautifully refreshed 3-bedroom, 2-bath home nestled on a peaceful corner lot in the heart of Temple. Just minutes from Baylor Scott & White and I-35, this home combines comfort, style, and convenience in all the right ways. The house has fresh paint and durable vinyl plank flooring that adds a fresh look throughout. The kitchen has been remodeled with brand-new cabinetry, recessed lighting, and clean cement countertops. The primary suite is cozy, featuring a charming barn door and a completely updated en-suite bath with an expanded shower, new vanity, and modern fixtures. Every detail was thoughtfully chosen to create a space that feels calm, and clean. Outside, mature trees offer shade and serenity in the spacious backyard—perfect for morning coffee, weekend gatherings, or just enjoying a quiet evening. With a less than year old roof and so many thoughtful updates, this home is move-in ready and full of potential for making lasting memories.

Investor Tools

$205,214Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,230 /month
Positive
Cash Flow Estimate:
$410 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$515/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,188
$185,215
2025
$30,000
$155,215
$185,215
Yes (2021)

Tax History

Year
Tax Paid
Assessed Value
2024
$5,188
$185,215

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$201,286
No
First
Oct 30, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$205,214
N/A
0%
104%
$1,244/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.

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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: Temple

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3906 Lancelot Ln | Property Details | No Agent List