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$362,720

NAL Estimated Property Value

4124 Portwood Drive, Lancaster, TX, 75134

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,906 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181.01 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Electric Oven, Electric Range, Electric Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesStorage
Lot Size30,356 sqft

Building Information

Year Built2015
Stories1
Roof Type105
Garage Spaces2

Land Information

APN36045500010160000
Lot Number16
SubdivisionLancaster Gardens
Land UseResidential
Legal DescriptionLANCASTER GARDENS BLK A LT 16 INT202200318201 DD12152022 CO-DC 0455000101600 4CN04550001
Census Tract016709
Assessed Land Value$100,000
Assessed Improvement Value$262,720
Assessment Year2025

About this property

Very Nice brick and stone home with .70 acres of land located on a quiet dead end street! Property features a custom drive-through gate for equipment and vehicle access to the backyard! The backyard is completely fenced and has a nice covered barn, a hay barn and chicken coop that will be staying with the property! You can enjoy the evenings entertaining under the large covered back porch. Inside you will find a brand new AC system, fresh paint, a large kitchen with granite countertops and custom cabinets along with an open kitchen, dinning room, living room concept! This house is close to all the city amenities with a country view! Property is priced well below Tax Value and has SO much to offer. This property is located within minutes of I-20, minutes from I-35, Mins from I-45 and only 14 miles to Downtown Dallas!

Investor Tools

Property Icon
$362,720
Estimated Property Value
$324,705Estimated Mortgage Balance
$38,015Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,176 /month
Positive
Cash Flow Estimate:
$725 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$669/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,212
$362,720
2025
$100,000
$262,720
$362,720
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,212
$362,720

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Neighborhood Loans
Fha
$346,606
Yes
First
Dec 15, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$324,705
$38,015
10%
90%
$2,079/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,079/mo
$-107/mo
6.5%

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.

Explore Texas Explore This Area
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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4124 Portwood Drive | Property Details | No Agent List