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$313,240

NAL Estimated Property Value

4115 Passage Way, Lancaster, TX, 75146

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,864 Sq Ft
price_per_sqft$122.32 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet

Exterior

Lot Size6,300 sqft

Building Information

Year Built2016
Stories1
Roof Type105
Garage Spaces1

Land Information

APN870013000J0210000
Lot Number21
SubdivisionBear Creek Ranch
Land UseResidential
Legal DescriptionBEAR CREEK RANCH PH 2 BLK J LT 21 INT202000323168 DD11162020 CO-DC 0013000J02100 4NT0013000J
Census Tract016802
Assessed Land Value$60,000
Assessed Improvement Value$253,240
Assessment Year2025

About this property

MULTIPLE OFFERS - HIGHEST & BEST OFFER DUE 10-12-2020 9PM. A beautifully maintained home with one owner. This home features granite countertops, a spacious kitchen, living room and master bedroom. The flooring in the high traffic areas are luxury vinyl and the bedrooms have carpet. This home's floor plan allows for privacy as the master bedroom is on the opposite side of the home as the 2 secondary bedrooms. This is a must see home and definitely feels bigger than it is.

Investor Tools

Property Icon
$313,240
Estimated Property Value
$217,625Estimated Mortgage Balance
$95,615Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,879 /month
Positive
Cash Flow Estimate:
$626 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$635/month
$405/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,055
$313,240
2025
$60,000
$253,240
$313,240
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,055
$313,240

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Trinity Oaks Mortgage Llc
Va
$243,474
Yes
First
Nov 16, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$217,625
$95,615
30%
69%
$1,460/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,865/mo
+$107/mo
7.6%

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: Lancaster

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4115 Passage Way | Property Details | No Agent List