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$282,510

NAL Estimated Property Value

942 Sprucewood Drive, Lancaster, TX, 75146

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,788 Sq Ft
price_per_sqft$110.46 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Double Oven, Electric Cooktop, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Lot Size10,302 sqft

Building Information

Year Built1976
Stories1
Roof Type105
Garage Spaces2

Land Information

APN36059500080250000
Lot Number25
SubdivisionLancaster Park 5th
Land UseResidential
Legal DescriptionLANCASTER PARK 5TH INST BKL H LOT 25 INT202000232402 DD08252020 CO-DC 0595000802500 4CN05950008
Census Tract016803
Assessed Land Value$55,000
Assessed Improvement Value$227,510
Assessment Year2025

About this property

Home has been well maintained and has been updated in the last few years, eat in breakfast nook with granite counter tops in the kitchen, built in microwave with double ovens and recess lighting. The formal dining room opens to the kitchen area, nice size master, secondary bedrooms share a jack and jill bathroom. Large oversize corner backyard, covered extended patio. Extra storage and shelving in laundry room. Water heater replaced in 2019. Home has a sprinkler system.

Investor Tools

Property Icon
$282,510
Estimated Property Value
$174,288Estimated Mortgage Balance
$108,222Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,695 /month
Positive
Cash Flow Estimate:
$565 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$674/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,673
$282,510
2025
$55,000
$227,510
$282,510
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,673
$282,510

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Conventional
$196,175
No
First
Aug 25, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$174,288
$108,222
38%
62%
$1,177/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,177/mo
+$795/mo
8.4%

City: Lancaster

942 Sprucewood Drive | Property Details | No Agent List