$280,000
814 Rawlins Dr, Lancaster, TX, 75146
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesDishwasher
FlooringCarpet, Laminate
Exterior
Lot Size8,710 sqft
Building Information
Year Built1991
Stories1
Roof Type105
Garage Spaces2
Land Information
APN36067990010060000
Lot Number6
SubdivisionMillbrook
Land UseResidential
Legal DescriptionMILLBROOK PH 1 BLK 1 LOT 6 VOL96035/3418 DD012896 CO-DALLAS 0679900100600 23606799001
Census Tract016806
Assessed Land Value$60,000
Assessed Improvement Value$207,760
Assessment Year2025
About this property
Well-Maintained home with valuable updates in a convenient, established community ready for its next owner! The home features numerous improvements including HVAC upgrades, water heater, windows, garage door, a fully remodeled kitchen with new cabinetry and more! Outside enjoy a brand-new 10'X 12' Tuff Shed TR-700 providing plenty of additional storage. This home offers a great combination of comfort, functionality and everyday convenience.
Investor Tools
$82,805Estimated Mortgage Balance
$184,955Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$360/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,983
$267,760
2025
$60,000
$207,760
$267,760
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,983
$267,760
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texans Cu
Non-Purchase Money Mortgage / Home Equity
$90,000
No
First
Jun 25, 2022
Jun 2037
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$82,805
$184,955
69%
31%
$540/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$540/mo
+$1,432/mo
8.8%
