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$486,000

NAL Estimated Property Value

745 Bayport Dr, Lancaster, TX, 75134

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,770 Sq Ft
price_per_sqft$176.89 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal

Exterior

Lot Size19,634 sqft

Building Information

Year Built2004
Stories1
Roof Type105
Garage Spaces2

Land Information

APN36073500040290000
Lot Number29
SubdivisionPlacid Meadows
Land UseResidential
Legal DescriptionPLACID MEADOWS BLK D LOT 29 INT202400083191 DD04242024 CO-DC 0735000402900 4CN07350004
Census Tract016704
Assessed Land Value$65,000
Assessed Improvement Value$421,000
Assessment Year2025

About this property

$0 out of pocket! RUNNN don't walk! This property qualifies for a Conventional CRA Loan 0% or 3% Down Payment based on credit! No PMI! Come to closing with nothing! Seller will cover closing costs! WOW! Once in a lifetime, RARE OPPORTUNITY to own on .5 of an acre. Recently updated home! The Master bedroom has 2 walk-in closets and 1 small closet. The second largest bedroom has a private bathroom. Love your privacy? Stop by and see this home today! MASSIVE Garage and guest house that could be converted into a man cave, or rental! Come park your RV,Boat or work trailers here! NO HOA! The backyard is every families dream! This property is move in ready!Minutes away from stores, restaurants, shopping,parks and schools.

Investor Tools

Property Icon
$486,000
Estimated Property Value
$448,044Estimated Mortgage Balance
$37,956Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,940 /month
Positive
Cash Flow Estimate:
$980 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$700/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,970
$486,000
2025
$65,000
$421,000
$486,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,970
$486,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$465,499
No
First
Apr 25, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$448,044
$37,956
7%
92%
$2,791/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$2,791/mo
$-219/mo
6.4%

City: Lancaster

745 Bayport Dr | Property Details | No Agent List