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$325,000

1505 Hermes Ln, Lancaster, TX, 75134

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,042 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.16 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range, Microwave

Exterior

Lot Size7,381 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces2

Land Information

APN360755100J0120000
Lot Number12
SubdivisionPleasant Run
Land UseResidential
Legal DescriptionPLEASANT RUN ESTATES PH 1B BLK J LT 12 ACS 0.1694 INT202300179961 DD08312023 CO-DC 0755100J01200 4CN0755100J
Census Tract016707
Assessed Land Value$75,000
Assessed Improvement Value$302,330
Assessment Year2025

About this property

Welcome to 1505 Hermes Dr in Lancaster! This inviting home offers a comfortable, functional floor plan with plenty of space to make your own. The living areas provide a great setting for everyday life and entertaining, while generously sized bedrooms offer flexibility for family, guests, or a home office. The kitchen sits at the heart of the home with convenient access to the living and dining areas. Outside, enjoy a spacious yard with room for entertaining, kids, pets, gardening, or weekend gatherings. Conveniently located near shopping, dining, schools, parks, and major roadways, this home offers a great combination of space, location, and opportunity. Come see the possibilities at 1505 Hermes Dr!

Investor Tools

$0Estimated Mortgage Balance
$377,330Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,264 /month
Positive
Cash Flow Estimate:
$755 /month

Interested in this property?

Joey Romero

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$791/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,610
$377,330
2025
$75,000
$302,330
$377,330
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,610
$377,330

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$377,330
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$650/mo
+$1,922/mo
8.2%

City: Lancaster

1505 Hermes Ln | Property Details | No Agent List