$399,530
NAL Estimated Property Value396 E Creekwood Drive, Lancaster, TX, 75146
Off Market
Property Lead Type:
BankruptcyOff-Market ListHigh Equity
Highlights
Interior
AppliancesGas Oven
FlooringCarpet, Vinyl
Exterior
Exterior FeaturesRain Gutters, Garden
Lot Size34,892 sqft
Building Information
Year Built1977
Stories1
Roof Type105
Garage Spaces2
Land Information
APN36017500000960000
Lot Number96
SubdivisionCreek Wood
Land UseResidential
Legal DescriptionCREEK WOOD ESTATES UNIT 2 LOT 96 INT202100033859 DD01062021 CO-DC 0175000009600 4CN01750000
Census Tract016802
Assessed Land Value$85,000
Assessed Improvement Value$314,530
Assessment Year2025
About this property
This delightful corner lot sits on an 0.8 acre lot with plenty of mature trees to keep you home cool and promote relaxation during those hot Texas summer days. So many opportunities to hang a hammock, create your own little oasis or even an enchanting garden within this lot! Fenced in back yard provides enough space for entertainment and a place for your furry best friend to run. Home interior showcases storage galore as well as a game room with its own wet bar and half bath!
Investor Tools
$399,530
Estimated Property Value
$227,364Estimated Mortgage Balance
$172,166Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,397 /month
Positive
Cash Flow Estimate:
$799 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$883/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,598
$399,530
2025
$85,000
$314,530
$399,530
No
Tax History
Year
Tax Paid
Assessed Value
2024
$8,598
$399,530
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Conventional
$253,357
No
First
Jan 6, 2021
Feb 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,364
$172,166
43%
57%
$1,520/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,520/mo
+$452/mo
5.9%
