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$303,410

NAL Estimated Property Value

505 ASH Lane, Lancaster, TX, 75146

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,943 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$118.37 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesStorage
Lot Size11,453 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces4

Land Information

APN36092500050090000
Lot Number9
SubdivisionWestwood Rev
Land UseResidential
Legal DescriptionWESTWOOD REV BLK E LT 9 INT202000325695 DD11172020 CO-DC 0925000500900 4CN09250005
Census Tract016803
Assessed Land Value$60,000
Assessed Improvement Value$243,410
Assessment Year2025

About this property

Beautiful, well maintained. Features vinyl flooring in living area,carpet in bedrooms, ceiling fans through out, solar lights, granite counters, wood teepee ceiling in dining, kitchen pantry, breakfast rm hutch, master has shower size of bathtub, walk in closet, converted garage is finished for family retreat or man cave. Beautiful landscaping, gazebo, storage building, steel carport. Huge tree shades entire back yard. Buyer will need to pay for survey. Well kept established neighborhood. H ac installed 2015, roof 2014, new electrical panel 2015, new water heater 2017.

Investor Tools

Property Icon
$303,410
Estimated Property Value
$206,927Estimated Mortgage Balance
$96,483Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,820 /month
Positive
Cash Flow Estimate:
$607 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$581/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,456
$303,410
2025
$60,000
$243,410
$303,410
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,456
$303,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wallick & Volk Inc
Fha
$221,906
Yes
First
Nov 17, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$206,927
$96,483
31%
68%
$1,385/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,385/mo
+$587/mo
7.8%

City: Lancaster

505 ASH Lane | Property Details | No Agent List