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$227,000

501 Lanner St, Horizon City, TX, 79928

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,356 Sq Ft
Single Family ResidenceSingle Family Residence
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesDishwasher, Free-Standing Gas Oven, Microwave
FlooringTile, Carpet

Exterior

Lot Size6,108 sqft

Building Information

Year Built2012
Roof Type105
Garage Spaces2

Land Information

APNP693-000-0040-0900
Lot Number9
SubdivisionPeyton Pass #1
Land UseResidential
Legal DescriptionBLK 4 PEYTON PASS #1 LOT 9
Census Tract010363
Assessed Land Value$29,318
Assessed Improvement Value$194,941
Assessment Year2025

About this property

This beautifully maintained 3-bedroom, 2-bathroom home in the desirable Peyton Pass subdivision offers comfort and style. The spacious living room is perfect for relaxing or entertaining. The stunning kitchen features wood cabinetry, a kitchen bar, pantry, quality appliances, and a dining space. The huge master bedroom comes with a walk-in closet and a private bath, complete with a double vanity sink, bathtub, and separate shower. Enjoy the convenience of a laundry room and refrigerated air for year-round comfort. Outside, the large backyard boasts a covered patio and plenty of space for outdoor fun. Schedule your tour today!

Investor Tools

Property Icon
$227,000
Estimated Property Value
$229,761Estimated Mortgage Balance
$0Estimated Equity
-1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,374 /month
Positive
Cash Flow Estimate:
$458 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$477/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,586
$224,259
2025
$29,318
$194,941
$224,259
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,586
$224,259

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Fha
$229,761
Yes
First
May 6, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,259
N/A
0%
105%
$1,462/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,490/mo
$1,462/mo
+$28/mo
7.9%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Horizon City

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501 Lanner St | Property Details | No Agent List