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B+
NoAgentList RatingHow are grades calculated? Info

$480,000

851 Carolina Way, Lantana, TX, 76226

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,507 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.04 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size5,972 sqft

Building Information

Year Built2003
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR230278
Lot Number43
SubdivisionWisteria Addn
Land UseResidential
Legal DescriptionWISTERIA ADDN BLK 22A LOT 43
Census Tract021755
Assessed Land Value$119,400
Assessed Improvement Value$330,647
Assessment Year2025

About this property

Enjoy all the perks of Lantana in this beautiful move in ready two story house in the Wisteria Addition of Lantana. Features include professionally landscaped front yard, plantation shutters throughout, freshly painted on trend colors, and plenty of storage room. Updated kitchen with new granite and painted cabinets, gas cooktop and plenty of room for entertaining. The master suite has hardwood floors, newly installed barn door to the large master bathroom, and an oversized closet. Secondary rooms both have hardwood floors and generous sized closets. Loads of room to play, study and relax in the generous game room up. Take advantage of the spacious covered patio in the backyard.

Investor Tools

Property Icon
$480,000
Estimated Property Value
$348,471Estimated Mortgage Balance
$164,816Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,880 /month
Positive
Cash Flow Estimate:
$960 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$963/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,151
$450,047
2025
$119,400
$330,647
$450,047
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,151
$450,047

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Das Acquisition
Fha
$348,471
Yes
First
May 12, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$315,184
$164,816
34%
66%
$2,090/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$2,090/mo
+$870/mo
7.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Lantana

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851 Carolina Way | Property Details | No Agent List