$219,240
NAL Estimated Property Value421 W 8th St, Lancaster, TX, 75146
Off Market
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesElectric Oven, Disposal
FlooringCarpet, Luxury Vinyl Plank
Exterior
Lot Size8,500 sqft
Building Information
Year Built1945
Stories1
Roof Type105
Garage Spaces2
Land Information
APN36071500020100400
Lot Number10
SubdivisionPecan Heights
Land UseResidential
Legal DescriptionPECAN HEIGHTS BLK 2 PT LT 10 INT201600045198 DD02162016 CO-DC 0715000201004 4CN07150002
Census Tract016803
Assessed Land Value$50,000
Assessed Improvement Value$169,240
Assessment Year2025
About this property
Remodeled 3-bedroom, 2-bath home on an oversized corner lot in the desirable Pecan Heights subdivision. Enjoy modern updates throughout, a spacious layout, and a large yard perfect for entertaining. Located near Lancaster’s historic downtown square with charming restaurants and shops. Quiet neighborhood with friendly neighbors. This home is eligible for 100% financing with our approved lender. Agent Owned Property. Buyer to verify schools and measurements. Hvac mini-splits will be installed upstairs prior to closing.
Investor Tools
$219,240
Estimated Property Value
$357,590Estimated Mortgage Balance
$40,717Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,315 /month
Positive
Cash Flow Estimate:
$438 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$551/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,514
$219,240
2025
$50,000
$169,240
$219,240
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,514
$219,240
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Darrin W Stanton
Commercial
$182,000
No
First
May 27, 2025
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$357,590
N/A
0%
163%
$2,184/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$2,184/mo
$-619/mo
8.6%
