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$250,640

NAL Estimated Property Value

654 Rutgers Dr, Lancaster, TX, 75134

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,998 Sq Ft
price_per_sqft$95.1 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Gas Cooktop

Exterior

Lot Size7,101 sqft

Building Information

Year Built1961
Stories2
Roof Type105
Garage Spaces1

Land Information

APN36047500030260000
Lot Number26
SubdivisionLancaster Hills
Land UseResidential
Legal DescriptionLANCASTER HILLS 2 BLK C LOT 26 RUTGERS DR VOL89159/1241 EX080989 CO-DALLAS 0475000302600 23604750003
Census Tract016704
Assessed Land Value$55,000
Assessed Improvement Value$195,640
Assessment Year2025

About this property

This property is a true investor’s dream! Located at 654 Rutgers Dr in Lancaster, this home offers endless potential for renovation or redevelopment. While it needs significant TLC, the solid structure and great location provide the perfect foundation for a profitable project. Bring your vision, tools, and creativity to transform this diamond in the rough into a beautiful home or a strong rental investment. Opportunities like this don’t come around often — don’t miss your chance to add serious value!

Investor Tools

Property Icon
$250,640
Estimated Property Value
$138,195Estimated Mortgage Balance
$112,445Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,504 /month
Positive
Cash Flow Estimate:
$501 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$167/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$750
$250,640
2025
$55,000
$195,640
$250,640
No

Tax History

Year
Tax Paid
Assessed Value
2024
$750
$250,640

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Paj Enterpris Llc
Unknown
$139,000
No
First
Jan 22, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$138,195
$112,445
44%
55%
$834/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$834/mo
+$1,138/mo
9.4%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lancaster

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654 Rutgers Dr | Property Details | No Agent List