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$2,000

$227,000

609 N Norma Dr, Lacy Lakeview, TX, 76705

On MarketInfo
Just AddedInfo
Price DropInfo
Beds3 Beds
Baths1 Bath
Baths1,538 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.3 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
FlooringVinyl

Exterior

Lot Size10,006 sqft

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces1

Land Information

APN200381000108000
Lot Number8
SubdivisionPassmore
Land UseResidential
Legal DescriptionPASSMORE LOT 8 A9 BLOCK 7 ACRES .2297
Census Tract003200
Assessed Land Value$36,820
Assessed Improvement Value$152,700
Assessment Year2025

About this property

Beautifully remodeled home in the heart of Lacy Lakeview for rent, conveniently located just minutes from HEB, Sam’s Club, Home Depot, and other everyday essentials. This move in ready property has been thoughtfully updated from top to bottom, offering both style and peace of mind. Recent upgrades include a new roof, gutters, fresh paint, vinyl siding, updated flooring, and updated windows. The home also features a converted mini garage for additional living or functional space, updated plumbing, and a kitchen full of new appliances including refrigerator, stove, dishwasher, and microwave. Outside, you’ll find a brand new wood fence and a well maintained workshop with built-in shelving, perfect for storage or projects. Inside, the home offers three spacious bedrooms and two full bathrooms, each with tub and shower combinations. Enjoy relaxing mornings or evenings on the large front deck ideal for coffee, entertaining, or simply unwinding. Located within Connally ISD, this home combines comfort, convenience, and accessibility in a growing area. contact agent for the owners lease terms and schedule a showing to view this property!

Investor Tools

$0Estimated Mortgage Balance
$225,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

Interested in this property?

Danna Guille-Chavez

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$479/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,623
$189,520
2025
$36,820
$152,700
$189,520
Yes (2014)

Tax History

Year
Tax Paid
Assessed Value
2024
$4,623
$189,520

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$195,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
7.0%

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: Lacy Lakeview

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609 N Norma Dr | Property Details | No Agent List