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$260,000

5338 Lancaster Dr, Belton, TX, 76513

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,635 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.02 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt In Electric Oven, Built In Electric Range, Dishwasher
FlooringCarpet, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size7,200 sqft

Building Information

Year Built2019
Stories1
Garage Spaces2

Land Information

APN471739
Lot Number16
SubdivisionThree Creeks Phase Ii
Land UseResidential
Legal DescriptionTHREE CREEKS PHASE II, BLOCK 004, LOT 0016
Census Tract021502
Assessed Land Value$50,000
Assessed Improvement Value$235,785
Assessment Year2025

About this property

Welcome to 5338 Lancaster Drive, where comfort, convenience, and the sought-after Three Creeks lifestyle come together. This beautifully maintained 4-bedroom, 2-bath home offers approximately 1,635 square feet of thoughtfully designed living space, providing the perfect blend of functionality and charm. Built in 2019 and situated on a spacious lot, this home features an inviting open-concept layout that seamlessly connects the living, dining, and kitchen areas ideal for both everyday living and entertaining. The well-appointed kitchen offers abundant cabinetry, generous countertop space, and an effortless flow into the main living areas, creating the perfect gathering place for family and friends. The split-bedroom floor plan provides added privacy, with the spacious primary suite serving as a peaceful retreat complete with an ensuite bath and a large walk-in closet. Three additional bedrooms offer flexibility for growing families, guests, a home office, or hobby space. Fresh, neutral finishes and abundant natural light create a warm and welcoming atmosphere throughout the home. Step outside and enjoy the peaceful surroundings of Three Creeks, one of Belton's premier master-planned communities, known for its scenic beauty, miles of hike and bike trails, neighborhood pavilions, and close proximity to Stillhouse Hollow Lake. Conveniently located near Baylor Scott & White, shopping, dining, top-rated Belton ISD schools, and major commuter routes to Temple, Killeen, and Fort Hood, this home offers the perfect combination of lifestyle and location. Whether you're searching for your first home, downsizing, or simply looking for a move-in-ready property in one of Central Texas' most desirable communities, 5338 Lancaster Drive is an opportunity you won't want to miss.

Investor Tools

Property Icon
$285,785
Estimated Property Value
$195,923Estimated Mortgage Balance
$117,922Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,715 /month
Positive
Cash Flow Estimate:
$572 /month

Interested in this property?

Kevin Shoun

Realty of America, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$558/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,265
$285,785
2025
$50,000
$235,785
$285,785
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,265
$285,785

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Va
$195,923
Yes
First
May 28, 2019
Jul 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$168,237
$117,548
41%
59%
$1,175/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.

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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: Belton

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