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B+
NoAgentList RatingHow are grades calculated? Info

$2,101,380

510 Mark Drive, Lucas, TX, 75002

Off MarketInfo
Beds5 Beds
Baths7 Bath
Baths6,376 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$203.73 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5.5Bathrooms Full 5.5
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Double Oven, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesFire Pit, Rain Gutters
Lot Size2.01 acres

Building Information

Year Built2017
Stories2
Garage Spaces4

Land Information

APNR-5099-000-0030-1
Lot Number3
SubdivisionTokalaun Equestrian Addition (Clu)
Land UseResidential
Legal DescriptionTOKALAUN EQUESTRIAN ADDITION (CLU), LOT 3; (REPLAT) (REPLAT)
Census Tract031419
Assessed Land Value$622,790
Assessed Improvement Value$1,478,590
Assessment Year2025

About this property

Remarkable Cleve Adamson Custom Home new construction in the prestigious community of Tokalaun located in the heart of Lovejoy ISD. Now completed, this incredible estate is nestled on a wooded 2 acre lot on one of the few remaining homesites remaining in the community. Complete with outdoor living area, Outdoor Kitchen and Grilling station, Hand-scraped hardwood floors throughout, Top of the line appliances, Decor finishes and both a downstairs game room as well as an up, this estate has it all.... Imagine what you could do with your Cleve Adamson Custom Home!

Investor Tools

Property Icon
$2,101,380
Estimated Property Value
$0Estimated Mortgage Balance
$1,187,992Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,608 /month
Positive
Cash Flow Estimate:
$4,203 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$876/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$2,101,380
2025
$622,790
$1,478,590
$2,101,380
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$2,101,380

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Morgan Stanley Private Bank Na
Conventional
$1,071,470
No
First
Dec 26, 2019
Jan 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$913,388
$1,187,992
56%
43%
$4,460/mo

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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510 Mark Drive | Property Details | No Agent List