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$314,850

NAL Estimated Property Value

740 Balkan Drive, Lancaster, TX, 75134

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,860 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$101.61 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator
FlooringCarpet, Ceramic Tile, Concrete, Laminate

Exterior

Lot Size9,955 sqft

Building Information

Year Built1985
Stories1
Roof Type105

Land Information

APN36073500040210200
Lot Number21
SubdivisionPlacid Meadows
Land UseResidential
Legal DescriptionPLACID MEADOWS BLK D W 50' LT 21 INT202100019281 DD10012020 CO-DC 0735000402102 4CN07350004
Census Tract016704
Assessed Land Value$48,750
Assessed Improvement Value$266,100
Assessment Year2025

About this property

3 bedrooms, 2 bathrooms , 1 living room, kitchen with dining area, one extra room. Just upgraded the whole house with brand new stainless steel kitchen appliances including refrigerator with water line. Granite counter top in kitchen and both bathrooms. Complete remodeled two full bathrooms. Fresh interior and exterior paint. New tiles in bathrooms, New carpet in all 3 bedrooms, Laminate flooring in rest of the house. Extra room in the front has concrete floor with windows. Brand new AC, HVAC, Water Heater. Big backyard has some trees and one extra storage unit.

Investor Tools

Property Icon
$314,850
Estimated Property Value
$160,212Estimated Mortgage Balance
$154,638Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,889 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$725/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,122
$314,850
2025
$48,750
$266,100
$314,850
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,122
$314,850

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Fha
$179,602
Yes
First
Oct 1, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$160,212
$154,638
49%
51%
$1,077/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,077/mo
+$895/mo
7.5%

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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740 Balkan Drive | Property Details | No Agent List