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$298,900

$329,000

950 Sycamore Ln, Lancaster, TX, 75146

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths2,235 Sq Ft
price_per_sqft$133.74 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDouble Oven, Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave, Refrigerator
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size10,537 sqft

Building Information

Year Built1964
Stories2
Roof Type105
Garage Spaces2

Land Information

APN36055500020010000
Lot Number1
SubdivisionLancaster Park
Land UseResidential
Legal DescriptionLANCASTER PARK 1 BLK B LOT 1 VOL87104/1596 DOD12162023 CO-DC 0555000200100 4CN05550002
Census Tract016803
Assessed Land Value$55,000
Assessed Improvement Value$222,800
Assessment Year2025

About this property

LOTS OF SQUARE FEET IN THIS UNIQUE ONE-OF-A-KIND SPLIT LEVEL ON A CORNER LOT. Front door opens to 2 large living areas. Formal living plus oversized family room with fireplace. Living areas join the galley kitchen with pretty wood cabinets, granite counters, stainless appliances including an almost new double oven. Added room off kitchen is formal dining room or another family living space. Utility room is at end of kitchen with access down some stairs to garage space featuring a chairlift into house. Some work benches in garage. Huge master bedroom was created on main floor including a fabulous walk-in closet and 2 ceiling fans. Bath for this bedroom is Hollywood style. Upstairs are 2 bedrooms with ceiling fans, bathroom, and linen closet. The solarium is accessed from family room and has a large hot tub that remains. Refrigerator, washer dryer are all negotiables. Soft gray carpet, tile, and some vinyl on floors. Side patio is off garage with nice shade trees. Home has been maintained well. Creative updates could add a 4th bedroom or office space. Near schools and shopping. Easy access on 35 or 20. Downtown Dallas about 20 minutes, DFW about 45 minutes.

Investor Tools

$0Estimated Mortgage Balance
$277,800Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,793 /month
Positive
Cash Flow Estimate:
$598 /month

Interested in this property?

Ellen Clark

Town Square Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$251/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,623
$277,800
2025
$55,000
$222,800
$277,800
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,623
$277,800

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$277,800
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
8.5%

City: Lancaster