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$399,900

2757 Lancer Rd, Greenville, TX, 75401

$519,870 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths4,196 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$95.31 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

ARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesSome Gas Appliances, Dishwasher, Electric Range, Disposal, Gas Water Heater, Plumbed For Gas
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesKennel
Lot Size8.06 acres

Building Information

Year Built1975
Stories1
Roof Type105
Garage Spaces2

Land Information

APN3845-0000-0220-40
Lot Number22
SubdivisionLancer Estates
Land UseResidential
Legal DescriptionS3845 LANCER ESTATES LOT 22 ACRES 8.06
Census Tract960400
Assessed Land Value$166,940
Assessed Improvement Value$249,780
Assessment Year2025

About this property

This one-of-a-kind country property offers the space and flexibility to create something truly special. Tucked away among mature trees on just over 8 acres, the property feels private and peaceful while providing easy access to I30 for commuting and everyday conveniences. At the heart of the property is an approx 3,500sqftt main residence currently undergoing renovation, giving the next owner an opportunity to finish the home to their own vision. The current layout features 2 bedrooms and 2 full baths, with an oversized primary closet that offers the potential to be converted back to create a 3rd bedroom. The expansive great room features a cathedral ceiling, wood-burning stove, and a striking wall of iron doors opening to the deck. The open kitchen is positioned in the great room with gas connection for the range and a large pantry. Across the back of the home, a spacious sunroom overlooks the in-ground gunite pool, creating even more possibilities for indoor-outdoor living.. A separate 1,350-square-foot guest house provides immediate livable space and offers an ideal setup for multigenerational living, an in-law suite, private guest quarters, or potential rental income. It features 2 bedrooms, 1 bath, laundry room, an open and spacious kitchen and living area with fireplace, SS appliances, quartz countertops, and a beautiful wall of doors overlooking the property. Updated bath includes dual sinks and a walk-in shower, and the home is designed with handicap accessibility throughout. The property includes a 30'’x40’ barn, approx 1,650sqft dog kennel with water and electricity available, chicken coop, and a former garage currently utilized for storage. A picturesque pond stocked with bass, catfish, and perch completes the setting. Whether your vision includes a private country retreat, multigenerational compound, hobby farm, rental income, or simply acreage with room to make it your own.

Investor Tools

$12,067Estimated Mortgage Balance
$404,653Estimated Equity
97% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$519,870
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,500 /month
Positive
Cash Flow Estimate:
$833 /month

Interested in this property?

Heather Barker

JPAR - Rockwall

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$523/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,197
$416,720
2025
$166,940
$249,780
$416,720
Yes (2022)

Tax History

Year
Tax Paid
Assessed Value
2025
$4,197
$416,720

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Darren Brown
Seller Carryback / Seller Financing / Seller Take-Back
$19,500
No
First
Nov 8, 2010
Nov 2015

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$12,067
$404,653
97%
3%
$117/mo

City: Greenville

2757 Lancer Rd | Property Details | No Agent List