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Days61Days on Market
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$835,000

$849,000

501 Arthur Ct, Lucas, TX, 75002

On MarketInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths3,673 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$227.33 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Range, Ice Maker, Microwave, Double Oven, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size1.03 acres

Building Information

Year Built2003
Stories2
Garage Spaces3

Land Information

APNR-4855-000-0100-1
Lot Number10
SubdivisionEstates Of Camden (Clu)
Land UseResidential
Legal DescriptionESTATES OF CAMDEN (CLU), LOT 10
Census Tract031314
Assessed Land Value$324,450
Assessed Improvement Value$454,534
Assessment Year2025

About this property

Rarely available in Lovejoy ISD, this meticulously maintained one-owner sits on 1.03 acres and offers the space, privacy, and functionality today’s buyer’s desire. Complete with a detached workshop featuring electricity, water, and HVAC, a whole-home generator, tornado shelter, extensive storage, and exceptional outdoor living spaces, this property delivers a rare combination of amenities seldom found at any price point. Designed for flexibility and everyday living, the home features multiple living areas, a private first-floor office, and a versatile flex room adjacent to the kitchen ideal as a playroom, fitness room, hobby space, or second office. The primary suite is conveniently located on the main level and overlooks the beautifully landscaped backyard, creating a peaceful retreat. Upstairs, three secondary bedrooms are complemented by a spacious game room and dedicated media room, providing ample space for family, guests, and entertaining. A climate-controlled walk-in storage room with custom built-ins opens to an expansive walk-in attic with extensive shelving, offering storage rarely found in residential homes. Outdoor living is equally impressive with a covered patio, fire pit, water feature, mature landscaping, and more than an acre of usable grounds. Automatic shades, thoughtful upgrades, and exceptional care throughout further enhance the home’s appeal. Offering acreage, privacy, remarkable storage, sought-after schools, and amenities rarely found in a single property, this is a unique opportunity to enjoy the lifestyle that makes Lovejoy ISD one of North Texas’ most desirable communities.

Investor Tools

Property Icon
$849,000
Estimated Property Value
$0Estimated Mortgage Balance
$849,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,094 /month
Positive
Cash Flow Estimate:
$1,698 /month

Interested in this property?

Krista Cheatham

Briggs Freeman Sotheby's Int'l

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$787/month
$480/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,193
$778,984
2025
$324,450
$454,534
$778,984
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,193
$778,984

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$849,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$480/mo
+$2,870/mo
4.7%

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: Lucas

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501 Arthur Ct | Property Details | No Agent List