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$442,000

542 E Belt Line Rd, Lancaster, TX, 75146

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,026 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.64 / sqft
Year BuiltBuilt in 1982

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, Electric Cooktop, Electric Oven, Electric Water Heater, Vented Exhaust Fan
FlooringCarpet, Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size1.90 acres

Building Information

Year Built1982
Stories1
Roof Type105
Garage Spaces2

Land Information

APN65098728510280000
SubdivisionT M Ellis Survey Abstract #432
Land UseResidential
Legal DescriptionJAMES MCMILLAN ABST 987 PG 285 TR 28 ACS 1.903 & T M ELLIS ABST 432 INT202300082392 DD04252023 CO-DC 0987285102800
Census Tract016903
Assessed Land Value$142,730
Assessed Improvement Value$225,690
Assessment Year2025

About this property

Make it your own little corner of the World! almost 2 acres with creeks on 3 sides for privacy. Custom brick with 2 living areas, 3 bedrooms, 2 baths. Original home shows 1702. + a glassed area 318 sq ft withl heat & air added per appraisal. Enjoy the oen deck + a workshop with 600 square feet. Relax on deck area in back overlooking creek. Lots of nature surrounds you. Home has a fireplace, rich wood paneling, tile floors in living area, carpet in bedrooms. Main bath has walk in tub. Kitchen has some replaced appliances and a pantry in the utility room. Excellent closet space. Oversized garage with room for storage or work area. Owner request possession until May 15th & will pay lease back if it closes prior to that date. Seller does have big survey with seal of surveyor. Buyer needs to check shop foundation. Seller is an estate and does not want to do any repairs.Disclosusre and survey information now in MLS .

Investor Tools

Property Icon
$442,000
Estimated Property Value
$354,050Estimated Mortgage Balance
$108,002Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,652 /month
Positive
Cash Flow Estimate:
$884 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$775/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,085
$368,420
2025
$142,730
$225,690
$368,420
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,085
$368,420

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$354,050
No
First
Apr 25, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$333,998
$108,002
24%
76%
$2,123/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,123/mo
$-151/mo
5.4%

Learn About the Market: Opportunity in Texas

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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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542 E Belt Line Rd | Property Details | No Agent List