$225,000
603 N Rita St, Lacy Lakeview, TX, 76705
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
AppliancesDishwasher, Electric Cooktop, Electric Oven, Refrigerator
FlooringCarpet, Ceramic Tile
Exterior
Lot Size10,298 sqft
Building Information
Year Built1960
Stories1
Roof Type105
Garage Spaces2
Land Information
APN200211000001004
Lot NumberA
SubdivisionBaxley J A
Land UseResidential
Legal DescriptionBAXLEY J A LOT A BLOCK A ACRES .2364
Census Tract003200
Assessed Land Value$37,270
Assessed Improvement Value$66,890
Assessment Year2025
About this property
Come check out the Duplex at 601 and 603 N Rita, in Lacy Lakeview! Both sides currently leased. Each unit offers 1 bedroom and 1 bath. Current monthly rents are $1,000 and $900. Recent updates include a new roof and new windows. Great location just down from I-35. Large yard with mature trees!
Investor Tools
$0Estimated Mortgage Balance
$152,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$230/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,999
$104,160
2025
$37,270
$66,890
$104,160
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,999
$104,160
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$152,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$996/mo
N/A
+$996/mo
7.9%
