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$488,000

NAL Estimated Property Value

7220 N Lakeview Dr, Salado, TX, 76571

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,147 Sq Ft
price_per_sqft$95.48 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop
FlooringConcrete

Exterior

Exterior FeaturesNone
Lot Size2.31 acres

Building Information

Year Built1999
Stories1
Roof Type105
Garage Spaces2

Land Information

APN38913
Lot Number39
SubdivisionHodge Rocking H Ranch Phase Ii Revised
Land UseResidential
Legal DescriptionHODGE ROCKING H RANCH PHASE II REVISED, BLOCK 001, LOT PT 39, ACRES 2.308
Census Tract023406
Assessed Land Value$139,357
Assessed Improvement Value$305,536
Assessment Year2025

About this property

Fantastic home with beautiful views. Home needs some TLC, but that is why we priced the deferred maintenance out. Wrap around porch, and back yard porch, give you many options to experience the quiet and beautiful views. Won't last long, so go see now

Investor Tools

Property Icon
$488,000
Estimated Property Value
$172,184Estimated Mortgage Balance
$315,816Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,928 /month
Positive
Cash Flow Estimate:
$976 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$609/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,870
$417,115
2025
$139,357
$305,536
$444,893
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,870
$417,115

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Flagstar Bank Fsb
Conventional
$190,000
No
First
Jun 2, 2021
Jul 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$172,184
$284,816
62%
35%
$1,140/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$1,140/mo
+$550/mo
4.2%

City: Salado

7220 N Lakeview Dr | Property Details | No Agent List