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General Description
minimizeCALLING ALL INVESTORS! This investment property or starter home is move-in ready and an excellent option for a buy-and-hold strategy. The area's rental rates are around $1,500 per month, making it an attractive investment opportunity. The bedrooms have brand new carpeting, while the rest of the house features luxury vinyl plank flooring. Additionally, there is a separate laundry room off the back porch with ample space for a freezer. Several recent (within the last five years) renovations have been completed, including a new roof, recent AC and heating units, new subfloors in the living room and first bedroom, new subfloor in kitchen with ceramic tile in both kitchen and bath, new fencing around property, and renovated kitchen counters. The back deck and front balustrade are new, along with new sewer lines. The property is located in a peaceful neighborhood within walking distance to Old Town Lancaster and shopping areas.
Rooms/Lot Dimensions
Interior Features
Exterior Features
Additional Information
Source
Selling Agent and Brokerage
minimizeProperty Tax
minimizeMarket Value Per Appraisal District
Cost/sqft based on Market Value
| Tax Year | Cost/sqft | Market Value | Change | Tax Assessment | Change |
|---|---|---|---|---|---|
| 2023 | $110.25 | $112,460 | 0.00% | $112,460 | 0.00% |
| 2022 | $110.25 | $112,460 | 63.89% | $112,460 | 63.89% |
| 2020 | $67.27 | $68,620 | 0.00% | $68,620 | 0.00% |
| 2019 | $67.27 | $68,620 | 44.98% | $68,620 | 44.98% |
| 2018 | $46.40 | $47,330 | 0.00% | $47,330 | 0.00% |
| 2017 | $46.40 | $47,330 | 33.44% | $47,330 | 33.44% |
| 2016 | $34.77 | $35,470 | 5.85% | $35,470 | 5.85% |
| 2015 | $32.85 | $33,510 | 39.63% | $33,510 | 39.63% |
| 2014 | $23.53 | $24,000 | 0.00% | $24,000 | 0.00% |
| 2013 | $23.53 | $24,000 | $24,000 |
2023 Dallas County Appraisal District Tax Value
| Market Land Value: | $12,600 |
| Market Improvement Value: | $99,860 |
| Total Market Value: | $112,460 |
2023 Tax Rates
| DALLAS COUNTY: | 0.2157 % |
| LANCASTER: | 0.6390 % |
| LANCASTER ISD: | 1.2267 % |
| PARKLAND HOSPITAL: | 0.2195 % |
| DALLAS CNTY COMMUNITY COLLEGE: | 0.1100 % |
| Total Tax Rate: | 2.4110 % |
Estimated Mortgage/Tax
minimize| Estimated Monthly Principal & Interest (Based on the calculation below) | $ 573 |
| Estimated Monthly Property Tax (Based on Tax Assessment 2023) | $ 226 |
| Home Owners Insurance | Get a Quote |
Schools
minimizeSchool information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
ASSIGNED SCHOOLS
Excellent | 
Good | View Nearby Schools ↓
Property Map
minimize509 E 3rd St Lancaster TX 75146 was recently sold. It is a 0.16 Acre(s) Lot, 1,020 SQFT, 3 Beds, 1 Full Bath(s) in Original Town Of Lancaster.
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