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$257,000

NAL Estimated Property Value

3921 Lancelot Place, Garland, TX, 75043

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,567 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$112.95 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Plumbed For Ice Maker
FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size7,020 sqft

Building Information

Year Built1972
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26480500020050000
Lot Number5
SubdivisionRegal
Land UseResidential
Legal DescriptionREGAL ESTATES REV BLK B LOT 5 INT201900331668 DD12062019 CO-DC 4805000200500 1CG48050002
Census Tract018111
Assessed Land Value$60,000
Assessed Improvement Value$173,680
Assessment Year2025

About this property

Just a short walk to Duck Creek and Bass Park and less than two miles from 635, this 3 bedroom 2 bath red brick home is nestled in a quiet Garland cul-de-sac. Living room boasts a vaulted ceiling and large floor to ceiling windows offering ample natural light. The kitchen and dining areas are combined to provide a large space for dining and entertaining with the bedrooms down the hall for a little privacy. A garage conversion is now a roomy workroom and a carport offers protection from some of the elements for 2 cars.

Investor Tools

Property Icon
$257,000
Estimated Property Value
$161,621Estimated Mortgage Balance
$95,379Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,542 /month
Positive
Cash Flow Estimate:
$514 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$375/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,214
$233,680
2025
$60,000
$173,680
$233,680
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,214
$233,680

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Fha
$177,660
Yes
First
Aug 9, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$161,621
$95,379
37%
63%
$1,066/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,066/mo
+$906/mo
9.2%

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: Garland

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3921 Lancelot Place | Property Details | No Agent List