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$218,000

NAL Estimated Property Value

610 Colgate Dr, Lancaster, TX, 75134

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,087 Sq Ft
price_per_sqft$202.3 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Gas Water Heater, Microwave
FlooringVinyl

Exterior

Exterior FeaturesPrivate Yard, Storage
Lot Size8,311 sqft

Building Information

Year Built1961
Stories1
Roof Type105
Garage Spaces2

Land Information

APN36046500010040000
Lot Number4
SubdivisionLancaster Hills
Land UseResidential
Legal DescriptionLANCASTER HILLS BLK A LT 4 VOL2004149/12707 DD07242004 CO-DC 0465000100400 4CN04650001
Census Tract016704
Assessed Land Value$55,000
Assessed Improvement Value$132,210
Assessment Year2025

About this property

Beautifully updated and truly move-in ready, this 2-bedroom, 2-bathroom home in Lancaster offers modern style and low-maintenance living. Featuring 972 sq ft of living space, this home has been fully refreshed with a new roof, new HVAC, and new luxury vinyl plank flooring throughout, all in 2025. The kitchen shines with new quartz countertops, new stainless steel appliances, and updated finishes. Both bathrooms have been completely renovated with new tubs, vanities, toilets and plumbing fixtures. Updated plumbing and electrical provide peace of mind, while fresh interior and exterior paint creates a bright, welcoming feel. Additional upgrades include new fans and fixtures throughout the home. Windows updated with vinyl windows in 2006. The 2-car garage offers secure parking and storage. Conveniently located near Lancaster High School and major commuting routes, this home is perfect for a first-time buyer, someone looking to downsize, or an investor seeking a turnkey property. Don't miss this beautifully renovated gem -- nothing left to do but move in!

Investor Tools

Property Icon
$218,000
Estimated Property Value
$218,627Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,319 /month
Positive
Cash Flow Estimate:
$440 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$459/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,422
$187,210
2025
$55,000
$132,210
$187,210
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,422
$187,210

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Portfolio Mortgage Corp
Unknown
$219,900
No
First
Jan 16, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$218,627
N/A
0%
100%
$1,319/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,319/mo
+$246/mo
8.6%

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: Lancaster

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610 Colgate Dr | Property Details | No Agent List