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$259,400

NAL Estimated Property Value

552 W HAMMOND, Lancaster, TX, 75146

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,312 Sq Ft
price_per_sqft$152.36 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal
FlooringVinyl, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size11,925 sqft

Building Information

Year Built1950
Stories1
Roof Type105
Garage Spaces2

Land Information

APN36019500000320000
Lot Number32
SubdivisionV O Davis
Land UseResidential
Legal DescriptionV O DAVIS LT 32 INT202200210972 DD07222022 CO-DC 0195000003200 4CN01950000
Census Tract016803
Assessed Land Value$70,000
Assessed Improvement Value$189,400
Assessment Year2025

About this property

COZY OLDER HOME. IN OLD LANCASTER NEIGHBORHOOD. hardwood floors, thermo pane windows, Ikea style kitchen, ceiling fans, 3 bedrooms 1.5 baths, dining room could be office or play area for children. Lots of closets. Covered porch. Small cover deck. large yard with storage building and an additional metal storage building, Chain link fence. Some shade trees. Needs some cosemtic repairs--paint, and refinish floors. Very livable, Easy outside maintance, gutters. There is a oversized carport Great potential to be a charming vintage home with a little work. About 20 years ago owners had electrical and plumbing updated. Blocks to Pleasant Run elmentary, 6th grade campus and Mddle school. This has been rented for several years so buyer needs to get an inspection to verify condition. Seller is selling home in present condition. Established neighborhood with mostly owner occupied homes.

Investor Tools

Property Icon
$259,400
Estimated Property Value
$188,235Estimated Mortgage Balance
$71,165Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,556 /month
Positive
Cash Flow Estimate:
$519 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$415/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,684
$259,400
2025
$70,000
$189,400
$259,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,684
$259,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Horizon Bank
Conventional
$202,730
No
First
Jul 22, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$188,235
$71,165
27%
73%
$1,216/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,216/mo
+$756/mo
9.1%

City: Lancaster

552 W HAMMOND | Property Details | No Agent List