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$750,737

NAL Estimated Property Value

7 Orchard Rd, Lucas, TX, 75002

$767,624 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,674 Sq Ft
price_per_sqft$289.83 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven
FlooringCarpet, Ceramic Tile

Exterior

Lot Size1.87 acres

Building Information

Year Built1993
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-1077-001-0040-1
Lot Number4
SubdivisionLemontree Country Estates (Clu)
Land UseResidential
Legal DescriptionLEMONTREE COUNTRY ESTATES (CLU), BLK A, LOT 4
Census Tract031419
Assessed Land Value$463,760
Assessed Improvement Value$286,977
Assessment Year2025

About this property

SHOWINGS BEGIN THURSDAY APRIL 21st! One story home on a 1.87 acre treed lot with oversized 4.5 car garage! A tranquil country setting just minutes from the city, in Lovejoy ISD! Kitchen features island with breakfast bar, granite countertops, tumbled marble backsplash, built-in desk, & walk-in pantry. Private master suite with plantation shutters, his and her closets, oversized shower with seat & 2 shower heads, quartz countertops, dual sinks, separate tub & shower, framed mirrors. Large laundry room has plenty of cabinetry, with utility sink and room for a fridge. Open floorplan with wood-burning fireplace in family room, built-in shelving throughout, white plantation shutters. 3 additional spacious bedrooms. Oversized 4 car garage with plenty of storage space. Fenced dog run at back of property near detached 2.5 car garage. See video, virtual tour link. Low Tax rate and NO HOA!

Investor Tools

Property Icon
$750,737
Estimated Property Value
$589,774Estimated Mortgage Balance
$160,963Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$767,623
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,650 /month
Positive
Cash Flow Estimate:
$1,550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,158/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,138
$750,737
2025
$463,760
$286,977
$750,737
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,138
$750,737

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$637,500
No
First
May 25, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$589,774
$160,963
21%
79%
$3,823/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,570/mo
$3,823/mo
$-1,253/mo
4.1%

Learn About the Market: Opportunity in Texas

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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: Lucas

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7 Orchard Rd | Property Details | No Agent List