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$643,000

NAL Estimated Property Value

8706 Cherry Lee Ln, Lantana, TX, 76226

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,502 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162.76 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen
Lot Size13,438 sqft

Building Information

Year Built2004
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR230246
Lot Number11
SubdivisionWisteria Addn
Land UseResidential
Legal DescriptionWISTERIA ADDN BLK 22A LOT 11
Census Tract021755
Assessed Land Value$185,125
Assessed Improvement Value$433,875
Assessment Year2025

About this property

Amazing home includes; New interior paint, new carpet new HVAC system, tankless water heater, roof 5 years old, Pool 2 years old with water feature, outdoor kitchen and pergola. Backs up to green belt around golf course. Located at the end of a Cul De Sac no drive through traffic. Upstairs Large game room with wet bar, second living area, 3 bedrooms and bath. First floor offers a formal dining area, parlor, breakfast area in kitchen, natural cabinets and granite counter tops. High end appliances, gas cooktop, built in microwave and oven and a large pantry. Two gas fireplaces one in Master bedroom and the other in living room. A great home at a great price for a discriminating buyer just in time for Christmas.

Investor Tools

Property Icon
$643,000
Estimated Property Value
$105,703Estimated Mortgage Balance
$537,297Estimated Equity
83% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,858 /month
Positive
Cash Flow Estimate:
$1,286 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,226/month
$128/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,500
$619,000
2025
$185,125
$433,875
$619,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,500
$619,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$110,000
No
First
Mar 11, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$105,703
$537,297
83%
16%
$660/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$788/mo
+$3,072/mo
7.2%

City: Lantana

8706 Cherry Lee Ln | Property Details | No Agent List