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$303,000

904 Evelyn Dr, Lorena, TX, 76655

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,445 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$179.24 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Double Oven, Vented Exhaust Fan, Electric Water Heater
FlooringCarpet, Tile

Exterior

Lot Size24,180 sqft

Building Information

Year Built1979
Stories1
Roof Type105
Garage Spaces4

Land Information

APN300010000002002
Lot Number2
SubdivisionCountry Air Est
Land UseResidential
Legal DescriptionCOUNTRY AIR EST LOT 2 BLOCK 1 ACRES .5551
Census Tract003801
Assessed Land Value$27,080
Assessed Improvement Value$225,170
Assessment Year2025

About this property

Home is on more than a half acre with beautiful mature trees to include a row of Crepe Myrtles. This location is fantastic in Lorena ISD and close to I35 for easy access. Very few sales in this established desirable neighborhood. The living room is spacious with wood burning fireplace, vaulted ceilings and access to the covered back patio. Dedicated office nook and dining area with lots of natural light in the kitchen. The kitchen has a smooth top stove, double oven and breakfast bar. Master suite is oversized with a walk in closet and tiled walk in shower. Ample size guest rooms with plenty of storage thru out. The garage is an oversized two car with a separate tool or work shop area. The back yard has two covered patio areas and an intimate wood fence surround as well as the entire half acre fenced separately. Plenty of extra off street parking. Call for a private tour today.

Investor Tools

Property Icon
$303,000
Estimated Property Value
$201,600Estimated Mortgage Balance
$109,275Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,818 /month
Positive
Cash Flow Estimate:
$606 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$272/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,755
$252,250
2025
$27,080
$225,170
$252,250
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,755
$252,250

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$201,600
No
First
Mar 22, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$193,725
$109,275
36%
64%
$1,209/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$1,209/mo
+$331/mo
6.1%

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: Lorena

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904 Evelyn Dr | Property Details | No Agent List