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$99,000

4040 Leila Ln, Belton, TX, 76513

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths742 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$133.42 / sqft
Year BuiltBuilt in 1947

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesElectric Range, Refrigerator
FlooringCarpet, Laminate

Exterior

Exterior FeaturesNone
Lot Size14,000 sqft

Building Information

Year Built1947
Stories2
Roof Type105

Land Information

APN23019
Lot Number2
SubdivisionCedar Cove
Land UseResidential
Legal DescriptionCEDAR COVE, BLOCK 003, LOT 0002
Census Tract022002
Assessed Land Value$50,736
Assessed Improvement Value$40,176
Assessment Year2025

About this property

Discover the potential of this unique 2-bedroom, 1-bath fixer upper property situated on approximately 0.3214 acres, offering an exciting opportunity for buyers looking for a home with character, usable outdoor space, and incredible potential for lake views. A new survey is available, providing added clarity for buyers considering future improvements or development possibilities. The cozy 742-square-foot home features a practical layout with two bedrooms, one full bath, living area, and kitchen. Large windows throughout the home bring in natural light and showcase the surrounding mature trees, wooded setting, and easterly lake views. The property also offers multiple exterior access points, an expansive covered carport, stone patios and terraces, and exterior stairways that take advantage of the property's sloping terrain. One of the most compelling features is the property's elevated setting and orientation toward the surrounding landscape. With selective tree and vegetation management, there is significant potential to further enhance lake views from the property. The property provides plenty of outdoor space for gardening, recreation, entertaining, or future improvements. The existing structures and mature surroundings create a setting with plenty of possibilities for someone looking to personalize a property near the lake. For investors, the property may also offer potential for short-term rental/Airbnb use. A new survey, lake-view potential, and a flexible property layout make 4040 Leila Lane an opportunity worth exploring. Whether you're looking for a primary residence, weekend getaway, investment property, or a property with future improvement potential, this one deserves a closer look.

Investor Tools

$0Estimated Mortgage Balance
$165,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$990 /month
Positive
Cash Flow Estimate:
$330 /month

Interested in this property?

Alan Hardin

Ten42 Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$212/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,716
$90,912
2025
$50,736
$40,176
$90,912
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,716
$90,912

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$165,000
100%
0%
$0/mo

City: Belton