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$226,000

NAL Estimated Property Value

636 Westridge Ave, Lancaster, TX, 75146

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,200 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$154.08 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range

Exterior

Lot Size18,000 sqft

Building Information

Year Built1959
Stories1
Roof Type105
Garage Spaces1

Land Information

APN36090500020020000
Lot Number2
SubdivisionWestridge Annex
Land UseResidential
Legal DescriptionWESTRIDGE ANNEX BLK B LT 2 INT202300161889 DD08112023 CO-DC 0905000B00200 4CN09050002
Census Tract016803
Assessed Land Value$50,000
Assessed Improvement Value$140,910
Assessment Year2025

About this property

Estate sold as is with no repairs. encourage inspection. Exectutor will consider all reasonable offers seriously. Original 3 bedroom 1 bath has a garage conversation with bedroom and bath. Front section of garage has washer drayer connections. Some hardwood floors. House needs total renovation. No information on condition of central h ac, wiring or plumbing but was being lived in only a few months ago. Oversized lot. Near elementary, 6th grade and middle school. Square footage includes approximately 200 feet for the garage addition. On tax rolls for $171K. Prefer Stewart Title in DeSoto.

Investor Tools

Property Icon
$226,000
Estimated Property Value
$162,583Estimated Mortgage Balance
$63,417Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,356 /month
Positive
Cash Flow Estimate:
$452 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$470/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,509
$190,910
2025
$50,000
$140,910
$190,910
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,509
$190,910

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texasbank
Conventional
$166,500
No
First
Aug 11, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$162,583
$63,417
28%
72%
$1,251/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,251/mo
+$721/mo
10.5%

City: Lancaster

636 Westridge Ave | Property Details | No Agent List