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$409,750

NAL Estimated Property Value

503 Martindale Drive, Lancaster, TX, 75146

Off MarketInfo
Baths0 Bath
Baths2,018 Sq Ft
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size10,987 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces2

Land Information

APN36071650570010000
Lot Number1
SubdivisionPecan Hollow
Land UseResidential
Legal DescriptionPECAN HOLLOW ESTATES PH 2 BLK G LOT 1 INT202200121011 DD04292022 CO-DC 0716505700100 4CN07165057
Census Tract016803
Assessed Land Value$65,000
Assessed Improvement Value$344,750
Assessment Year2025

About this property

Lovely treed corner lot near Original Town of Lancaster and easy access to Hwy 342 and I 35 for your new home. Near Bear Creek Nature Park as well as plenty of shops, Lancaster High School and Dallas College Cedar Valley Campus. Buyer and buyer's agent responsible for verifying the accuracy of all information.

Investor Tools

Property Icon
$409,750
Estimated Property Value
$0Estimated Mortgage Balance
$409,750Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,459 /month
Positive
Cash Flow Estimate:
$820 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$854/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,204
$409,750
2025
$65,000
$344,750
$409,750
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,204
$409,750

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$409,750
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
N/A
+$2,572/mo
7.5%

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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503 Martindale Drive | Property Details | No Agent List