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$282,000

NAL Estimated Property Value

42 Lakewood Dr, Hickory Creek, TX, 75065

SoldInfo
7/28/26
Beds3 Beds
Baths2 Bath
Baths1,503 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.33 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Absentee OwnerHigh 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
FlooringCarpet, Laminate

Exterior

Lot Size8,485 sqft

Building Information

Year Built1985
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR66637
Lot Number21
SubdivisionLakewood Gardens
Land UseResidential
Legal DescriptionLAKEWOOD GARDENS BLK A LOT 21
Census Tract021411
Assessed Land Value$83,315
Assessed Improvement Value$154,888
Assessment Year2025

About this property

Neat ONE-STORY three bedroom with attached garage. Quiet street and neighborhood. Fresh paint throughout. Rear entry garage via alleyway. Very open floorplan can be configured in several different ways. Ceramic tiled bathrooms. Wood burning fireplace. Large fenced backyard. Local owners are really cool folks. Pets may be considered, call agent for guidelines. No applicatoin fee. Everyone over the age of 17 that intends to occupy home must complete a TREC application.

Investor Tools

Property Icon
$282,000
Estimated Property Value
$150,309Estimated Mortgage Balance
$131,691Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,692 /month
Positive
Cash Flow Estimate:
$564 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$298/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,169
$238,203
2025
$83,315
$154,888
$238,203
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,169
$238,203

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Conventional
$168,500
No
First
Dec 31, 2020
Jan 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$150,309
$136,691
47%
53%
$1,011/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
$1,011/mo
+$1,079/mo
8.9%

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: Hickory Creek

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42 Lakewood Dr | Property Details | No Agent List