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$555,000

NAL Estimated Property Value

8705 Cherry Lee Ln, Lantana, TX, 76226

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,959 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$182.16 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size12,898 sqft

Building Information

Year Built2002
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR230244
Lot Number9
SubdivisionWisteria Addn
Land UseResidential
Legal DescriptionWISTERIA ADDN BLK 22A LOT 9
Census Tract021755
Assessed Land Value$182,425
Assessed Improvement Value$372,269
Assessment Year2025

About this property

Meticulously maintained light and bright highly desirable 1.5 Story nestled on an oversized culdasac lot located in desirable Lantana. Stone and brick elevation and large open floor plan which includes a large gourmet kitchen with oversized island, corian counters, decorative lighting and plenty of cabinets that opens up to the spacious family room with a gas starter fireplace that will warm up the room on a chilly night. All bedrooms downstairs and nice sized game room upstairs along with a half bath, perfect for entertaining. Oversized master bedroom with a large walk in shower, garden tub, dual vanities and a huge walk in closet. Covered back patio offers a comfortable backyard oasis great for awesome summer nights overlooking large grassy backyard. Close proximity to neighborhood schools, daycare, golf, tennis, parks and so much more. Don't miss out on the house of your dreams.

Investor Tools

Property Icon
$555,000
Estimated Property Value
$330,212Estimated Mortgage Balance
$224,788Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,330 /month
Positive
Cash Flow Estimate:
$1,110 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,168/month
$118/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,241
$554,694
2025
$182,425
$372,269
$554,694
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,241
$554,694

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$355,000
No
First
Aug 1, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$330,212
$224,788
40%
59%
$2,129/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$2,247/mo
+$713/mo
6.4%

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: Lantana

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8705 Cherry Lee Ln | Property Details | No Agent List