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$813,000

NAL Estimated Property Value

616 Paradise Ln, Lucas, TX, 75098

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,748 Sq Ft
price_per_sqft$225.19 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2023
Stories2
Garage Spaces3

Land Information

APNR-12722-002-0270-W
Lot Number27
SubdivisionInspiration Phase 8b (Gcn)
Land UseResidential
Legal DescriptionINSPIRATION PHASE 8B (GCN), BLK 2, LOT 27; ( SEE R-12722-002-0270-1 FOR OTHER ENTITIES ) SEE R-12722-002-0270-1 FOR OTHER ENT
Census Tract031314
Assessed Land Value$187,000
Assessed Improvement Value$612,000
Assessment Year2024

About this property

Roosevelt II 5237 Presidential Series (3783 sq. ft.) is a 2-story home with 5 bedrooms, 4 bathrooms and a 3-car garage. Features include breakfast area, covered patio, dining room, family room, game room, living room, media room, master bed downstairs, study, vaulted ceiling and walk-in closets.

Investor Tools

Property Icon
$813,000
Estimated Property Value
$0Estimated Mortgage Balance
$813,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,064 /month
Positive
Cash Flow Estimate:
$1,688 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$459/month
$538/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,445
$799,000
2024
$187,000
$612,000
$799,000
No

Tax History

Year
Tax Paid
Assessed Value
2023
$1,445
$799,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$813,000
100%
0%
$0/mo

City: Lucas

616 Paradise Ln | Property Details | No Agent List