Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$1,203,500

735 Palomino Drive, Lucas, TX, 75002

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,192 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$252.19 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringCarpet, Wood

Exterior

Private PoolPrivate Pool
Lot Size2 acres

Building Information

Year Built2005
Stories1
Garage Spaces4

Land Information

APNR-5025-00A-0050-1
Lot Number5
SubdivisionEnclave The (Clu)
Land UseResidential
Legal DescriptionENCLAVE THE (CLU), BLK A, LOT 5
Census Tract031419
Assessed Land Value$620,000
Assessed Improvement Value$583,500
Assessment Year2025

About this property

Under Contract. - Stunning home nestled in the heart of Lovejoy ISD with backyard oasis on 2 acres. Includes hand scraped wood floors, granite, custom paint, updated fixtures, surround sound throughout home, Master bath TV and mount, TV mount on patio. This home features a beautiful salt water pool, outdoor grill and bar, Batting Cage, outdoor speakers on a covered patio with lots of space for outdoor entertainment, all with professional landscaping for added privacy.

Investor Tools

Property Icon
$1,203,500
Estimated Property Value
$0Estimated Mortgage Balance
$527,857Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,221 /month
Positive
Cash Flow Estimate:
$2,407 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,110/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19,307
$1,203,500
2025
$620,000
$583,500
$1,203,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$19,307
$1,203,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bancorpsouth Bank
Conventional
$747,000
No
First
May 14, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$675,643
$527,857
43%
56%
$4,479/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$5,079/mo
$-1,729/mo
3.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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.

Explore Texas Explore This Area
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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

735 Palomino Drive | Property Details | No Agent List