$215,330
NAL Estimated Property Value902 BALKAN Lane, Lancaster, TX, 75134
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesGas Range
FlooringVinyl, Wood
Exterior
Exterior FeaturesStorage
Lot Size19,804 sqft
Building Information
Year Built1950
Stories1
Roof Type105
Garage Spaces1
Land Information
APN36073500040140000
Lot Number14
SubdivisionPlacid Meadows
Land UseResidential
Legal DescriptionPLACID MEADOWS BLK D LT 14 INT202000089264 DD03302020 CO-DC 0735000401400 4CN07350004
Census Tract016704
Assessed Land Value$65,000
Assessed Improvement Value$150,330
Assessment Year2025
About this property
Older frame in need of renovation sits on 19,804 sq ft lot that is 100x200. There are some trees. 140 foot deep well. Several outside storage buildings. Lots of space to expand or redeveloped property. Home has wood floors, handicapped shower. Utility connections in garage. Area has mixed older frames and new large brick homes.
Investor Tools
$215,330
Estimated Property Value
$140,689Estimated Mortgage Balance
$74,641Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,292 /month
Positive
Cash Flow Estimate:
$431 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$300/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,529
$215,330
2025
$65,000
$150,330
$215,330
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,529
$215,330
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jaime Hernandes And Maria Hilda Hernande
Purchase Money Mortgage
$160,000
No
First
Mar 30, 2020
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$140,689
$74,641
34%
65%
$960/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$960/mo
+$605/mo
8.7%
