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$849,000

NAL Estimated Property Value

620 Paradise Ln, Lucas, TX, 75098

$865,467 ARVInfo
Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths4,187 Sq Ft
price_per_sqft$205.23 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3.5Bathrooms Full 3.5
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-12722-002-0260-W
Lot Number26
SubdivisionInspiration Phase 8b (Gcn)
Land UseResidential
Legal DescriptionINSPIRATION PHASE 8B (GCN), BLK 2, LOT 26; ( SEE R-12722-002-0260-1 FOR OTHER ENTITIES ) SEE R-12722-002-0260-1 FOR OTHER ENT
Census Tract031314
Assessed Land Value$187,000
Assessed Improvement Value$633,000
Assessment Year2024

About this property

Gorgeous ''Kennedy'' home defines modern luxury living and creates vast spaces for any family with 8 ft interior doors, cathedral ceilings, a fireplace, extended rear, private study, upstairs game room, and additional media room. Includes 3 car garage on oversized homesite. Zoned to Wylie ISD. Complete in December 2023

Investor Tools

Property Icon
$849,000
Estimated Property Value
$0Estimated Mortgage Balance
$849,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$865,467
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,156 /month
Positive
Cash Flow Estimate:
$1,719 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$474/month
$538/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,445
$820,000
2024
$187,000
$633,000
$820,000
No

Tax History

Year
Tax Paid
Assessed Value
2023
$1,445
$820,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$849,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$538/mo
+$2,802/mo
4.7%

City: Lucas

620 Paradise Ln | Property Details | No Agent List