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$255,000

NAL Estimated Property Value

508 Boxwood Dr, Lancaster, TX, 75146

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,534 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$172.75 / sqft
Year BuiltBuilt in 1997

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
AppliancesDishwasher, Disposal, Electric Range, Refrigerator
FlooringTile, Vinyl

Exterior

Lot Size9,289 sqft

Building Information

Year Built1997
Stories1
Roof Type105
Garage Spaces2

Land Information

APN360790000D0020000
Lot Number2
SubdivisionQuail Hollow
Land UseResidential
Legal DescriptionQUAIL HOLLOW ESTATES BLK D LT 2 78 X 120 INT202400265124 DD12312024 CO-DC 0790000D00200 4CN0790000D
Census Tract016806
Assessed Land Value$60,000
Assessed Improvement Value$191,420
Assessment Year2025

About this property

Welcome to your dream home in the heart of Lancaster, TX! This charming single-family residence features 3 spacious bedrooms and 2 full bathrooms, making it the perfect retreat for families or anyone seeking extra space. Step inside to discover a bright and inviting interior, highlighted by all-new vinyl flooring and fresh paint throughout, offering a modern touch and a clean slate for your personal style. The decent-sized backyard is perfect for outdoor gatherings, gardening, or simply enjoying the beautiful Texas weather. Conveniently located near a variety of stores, schools, and recreational facilities, this home is just a stone's throw away from tennis courts and a local golf course, catering to both active lifestyles and leisurely weekends. Don’t miss the opportunity to make this lovely home your own—schedule a viewing today!

Investor Tools

Property Icon
$255,000
Estimated Property Value
$260,040Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,590 /month
Positive
Cash Flow Estimate:
$530 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$601/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,939
$251,420
2025
$60,000
$191,420
$251,420
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,939
$251,420

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Funding Lp
Conventional
$266,750
No
First
Dec 31, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$260,040
N/A
0%
102%
$1,600/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,600/mo
+$372/mo
9.3%

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.

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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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508 Boxwood Dr | Property Details | No Agent List