Last 24 Hours
$195,000
1485 Brook Meadow Cir, Lancaster, TX, 75134
On Market
Just Added
3 Beds
2 Bath
1,029 Sq Ft
Single Family Residence
$189.5 / sqft
Built in 1982Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Garage Available
Heating Central
CoolingAppliancesDishwasher, Electric Oven
Exterior
Lot Size4,310 sqft
Building Information
Year Built1982
Roof Type105
Garage Spaces2
Land Information
APN36010050020020000
Lot Number2
SubdivisionBrook Meadows 1st
Land UseResidential
Legal DescriptionBROOK MEADOWS 1ST INST BLK 2 LOT 2 INT20080402059 DD12102008 CO-DC 0100500200200 4CN01005002
Census Tract016707
Assessed Land Value$32,500
Assessed Improvement Value$117,500
Assessment Year2026
About this property
Affordable half duplex that been remodeled. New foundation repair with lifetime warranty was just done. Open floor plan. New appliances, paint, flooring. First time home buyer would love this. The entire building could be bought also. Check with listing agent about it.
Investor Tools
$0Estimated Mortgage Balance
$191,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,170 /month
Positive
Cash Flow Estimate:
$390 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$374/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,537
$150,000
2026
$32,500
$117,500
$150,000
No
Tax History
Year
Tax Paid
Assessed Value
2025
$3,537
$150,000
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$191,000
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
12.4%
12.4%