$813,000
NAL Estimated Property Value616 Paradise Ln, Lucas, TX, 75098
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
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
$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
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
