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$325,470

NAL Estimated Property Value

814 Smokey Oak St, Lancaster, TX, 75146

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,193 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$95.76 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOther

Exterior

Lot Size7,140 sqft

Building Information

Year Built2007
Stories1
Roof Type105
Garage Spaces2

Land Information

APN36068050110200000
Lot Number20
SubdivisionMillbrook East
Land UseResidential
Legal DescriptionMILLBROOK EAST PH 1 BLK 11 LT 20 INT202200191370 DD07082022 CO-DC 0680501102000 4CN06805011
Census Tract016806
Assessed Land Value$72,000
Assessed Improvement Value$253,470
Assessment Year2025

About this property

Investors and savvy real estate buyers here is almost 2200sq ft of blank canvas ready to be turned into a brand new masterpiece...The property is located in a cul-de-sac with a huge backyard that is absent of neighbors giving you an unobscured view in your backyard...This is the rehab property you've been waiting for don't let opportunity have to knock twice!!

Investor Tools

Property Icon
$325,470
Estimated Property Value
$205,522Estimated Mortgage Balance
$119,948Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,953 /month
Positive
Cash Flow Estimate:
$651 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$680/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,534
$325,470
2025
$72,000
$253,470
$325,470
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,534
$325,470

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Veritex Community Bank
Unknown
$220,950
No
First
Aug 4, 2022
Aug 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$205,522
$119,948
36%
63%
$1,325/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,425/mo
+$1,147/mo
9.5%

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.

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: Lancaster

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814 Smokey Oak St | Property Details | No Agent List