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$260,000

828 Armadillo Drive, Lorena, TX, 76655

$327,648 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,428 Sq Ft
price_per_sqft$182.07 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesFreestanding Oven, Free-Standing Range, Dishwasher
FlooringCarpet, Concrete, Tile

Exterior

Exterior FeaturesSide Yard
Lot Size6,098 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces2

Land Information

APN1G-0118-1004-02600-000
Lot Number26
SubdivisionArroyo Ranch Ph #1
Land UseOther / Unknown
Legal DescriptionARROYO RANCH PH #1 BLOCK 4 LOT 26 .14 AC
Census Tract210805
Assessed Land Value$34,254
Assessed Improvement Value$216,466
Assessment Year2025

About this property

(Reduced for ability to update.) Quiet Country Living with Top-Rated Lorena ISD Schools! Welcome to 828 Armadillo Drive, a charming 3-bedroom, 2-bathroom home perfectly situated on a spacious 1.17-acre lot. Offering 1,428 square feet of well-designed living space, this home features a convenient in-house utility room and a versatile finished, fully air-conditioned garage conversion—ideal for a home office, game room, craft space, second living area, or a garage. Enjoy the freedom of unrestricted land with NO HOA, giving you endless possibilities to store your RV, boat, or work equipment. The partially fenced acreage provides plenty of room to roam, garden, or relax, complete with 2 storage buildings and a large open utility barn ready for your workshop setup or outdoor projects. If you have been searching for peaceful country living paired with highly sought-after Lorena schools, this property is a must-see! Schedule your private showing today!

Investor Tools

$251,329Estimated Mortgage Balance
$250,720Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$327,648
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,560 /month
Positive
Cash Flow Estimate:
$520 /month

Interested in this property?

Bridget Davis

United Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$408/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,641
$250,720
2025
$34,254
$216,466
$250,720
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,641
$250,720

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Fha
$265,648
Yes
First
Sep 30, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$251,329
N/A
0%
100%
$1,623/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,631/mo
$1,623/mo
+$8/mo
7.8%

City: Lorena

828 Armadillo Drive | Property Details | No Agent List