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B+
NoAgentList RatingHow are grades calculated? Info

$229,900

433 S Centre Ave, Lancaster, TX, 75146

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,458 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.68 / sqft
Year BuiltBuilt in 1935

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Range, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Vinyl, Wood

Exterior

Private PoolPrivate Pool
Lot Size8,500 sqft

Building Information

Year Built1935
Stories1
Roof Type105
Garage Spaces1

Land Information

APN36000500500060000
Lot Number8-9
SubdivisionL F White
Land UseResidential
Legal DescriptionL F WHITE BLK 50 E PT LOTS 8 & 9 ORIG TOWN LANCASTER PG 105 INT202100140163 DD05112021 CO-DC 0005005000600 4CN00050050
Census Tract016803
Assessed Land Value$31,880
Assessed Improvement Value$260,400
Assessment Year2025

About this property

Cute 1935 Home with most of its original charm. Built for function and flow this quirky 3 bedroom 2 full bath home also offers a diving pool and separate building for your home office which has electricity and a window unit. The other half is for storage. The sunroom is off the breakfast room so you relax in the shade while watching the fun in the pool. Showings will begin Friday morning at 9AM Overlapping showings will be allowed. Please respect fellow agents.

Investor Tools

Property Icon
$292,280
Estimated Property Value
$208,550Estimated Mortgage Balance
$103,651Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,754 /month
Positive
Cash Flow Estimate:
$585 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$423/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,620
$292,280
2025
$31,880
$260,400
$292,280
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,620
$292,280

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$208,550
No
First
May 11, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$188,629
$103,651
35%
65%
$1,251/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,251/mo
+$721/mo
8.1%

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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433 S Centre Ave | Property Details | No Agent List