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$289,000

1015 Balkan Dr, Lancaster, TX, 75134

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths1,747 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$165.43 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven

Exterior

Lot Size20,000 sqft

Building Information

Year Built2002
Stories1
Roof Type105
Garage Spaces2

Land Information

APN360735000B14A0000
Lot Number14A
SubdivisionPlacid Meadows
Land UseResidential
Legal DescriptionPLACID MEADOWS BLK B LT 14A INT20070211621 DD06132007 CO-DC 0735000B14A00 4CN0735000B
Census Tract016704
Assessed Land Value$48,750
Assessed Improvement Value$270,440
Assessment Year2025

About this property

Well-maintained single-story home in the Placid Meadows neighborhood of Lancaster. Built in 2002, the residence offers approximately 1,747 square feet of living space with 4 bedrooms and 2 full bathrooms. The functional floor plan provides comfortable living areas, while the nearly 20,000-square-foot lot offers exceptional outdoor space with plenty of room for entertaining, gardening, recreation, or future improvements. Conveniently located near schools, shopping, dining, and major highways, this property combines everyday comfort with the flexibility of a generously sized lot.

Investor Tools

$0Estimated Mortgage Balance
$319,190Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,915 /month
Positive
Cash Flow Estimate:
$638 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$748/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,382
$319,190
2025
$48,750
$270,440
$319,190
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,382
$319,190

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$319,190
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
N/A
+$2,572/mo
9.7%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lancaster

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1015 Balkan Dr | Property Details | No Agent List