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$385,000

NAL Estimated Property Value

937 Bayport Dr, Lancaster, TX, 75134

$388,370 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,538 Sq Ft
price_per_sqft$157.21 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size20,185 sqft

Building Information

Year Built1967
Stories1
Roof Type105
Garage Spaces2

Land Information

APN36073500040410000
Lot Number41
SubdivisionPlacid Meadows
Land UseResidential
Legal DescriptionPLACID MEADOWS BLK D LOT 41 INT202300076490 DD04192023 CO-DC 0735000404100 4CN07350004
Census Tract016704
Assessed Land Value$65,000
Assessed Improvement Value$320,000
Assessment Year2025

About this property

Excellent family home that offers four spacious bedrooms and lots of living space. Roof on all structures completed in November of last year and gutters added as well! Five car garage is amazing! Two cars attached and a three car garage and shop! Lots of space for whatever you are looking to do! Full size family kitchen and dining area divided by an island. Beautiful floors, lots of windows allowing for natural light! Great location, close to 45 or 35! Backyard and garage are gated with iron gate. Lots of parking space. Price improvement makes this property a great purchase! Live and have a business or hobby in the shop! Don't miss out on this great property! Updates include, windows, roofs, flooring, gutters, bathrooms, and kitchen! Five thousand dollar buyer incentive with acceptable offer!

Investor Tools

Property Icon
$385,000
Estimated Property Value
$290,556Estimated Mortgage Balance
$94,444Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$388,370
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$918/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,094
$385,000
2025
$65,000
$320,000
$385,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,094
$385,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texasbank
Conventional
$308,000
No
First
Apr 19, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$290,556
$94,444
24%
75%
$1,847/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,847/mo
+$725/mo
8.0%

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: Lancaster

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937 Bayport Dr | Property Details | No Agent List