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$235,500

NAL Estimated Property Value

621 Kiowa Cir, Lancaster, TX, 75146

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,741 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.21 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

BankruptcyOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Gas Water Heater, Microwave, Refrigerator
FlooringWood

Exterior

Lot Size9,544 sqft

Building Information

Year Built1962
Stories1
Roof Type105
Garage Spaces2

Land Information

APN36041500040140000
Lot Number14
SubdivisionIndian Canyon
Land UseResidential
Legal DescriptionINDIAN CANYON BLK D LOT 14 INT202400260324 DD12232024 CO-DC 0415000401400 4CN04150004
Census Tract016803
Assessed Land Value$55,000
Assessed Improvement Value$180,500
Assessment Year2025

About this property

Nicely updated 3 bed, 2 bath house with gated driveway, additional parking, and 2 car garage with opener. This home has newly installed and freshly polished hardwood floors. 2 living areas allow for plenty of room to relax. One living area has a gas starter wood-burning fireplace! Large kitchen with fridge provided as long as it runs. Three large bedrooms are down a long hallway and provide ample space for everyone to have their privacy. Master bedroom has an ensuite bath with shower only. One bedroom has great shelving around the room for those great toys or office furnishings. Third bedroom has an amazing storage chest built in to the closet and plenty of shelving to store your belongings. Laundry room has a closet of shelves that can be used for utility supplies or a pantry. Full sized washer and dryer hookups. Backyard has a SUPER deck for entertaining, a separate dog run and plenty of space to play, as well as a wrought iron gate that you can park behind for extra security. All persons 18 and older must apply and have a SS number for background check. Combined gross income must be at least 3x the rent. No evictions. No vouchers. No violent criminal history. Dogs approved on case by case basis, and each dog requires a $350 deposit (refundable) and $35 per month fee (non-refundable). Must maintain renters insurance. Must see property in person before application can be sent.

Investor Tools

Property Icon
$235,500
Estimated Property Value
$172,324Estimated Mortgage Balance
$63,176Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,413 /month
Positive
Cash Flow Estimate:
$471 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$562/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,563
$235,500
2025
$55,000
$180,500
$235,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,563
$235,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Valliance Bank
Commercial
$175,146
No
First
Jun 12, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$172,324
$63,176
26%
73%
$1,051/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,051/mo
+$921/mo
10.0%

City: Lancaster

621 Kiowa Cir | Property Details | No Agent List