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$390,000

NAL Estimated Property Value

103 Historic Town Square 210, Lancaster, TX, 75146

Off MarketInfo
LeaseInfo
Beds1 Beds
Baths1 Bath
Baths810 Sq Ft
ApartmentApartment
price_per_sqft$1.45 / sqft
Year BuiltBuilt in 1997

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
FlooringCarpet, Vinyl

Exterior

Lot Size4,209 sqft

Building Information

Year Built1940
Stories2
Roof Type172

Land Information

APN36000500040060000
Lot Number9-10
SubdivisionOrig Town Lancaster
Land UseCommercial
Legal DescriptionORIG TOWN LANCASTER BLK 4 LTS 9 & 10 VOL95052/1327 DD030895 CO-DALLAS 0005000400600 23600050004
Census Tract016803
Assessed Land Value$29,460
Assessed Improvement Value$360,540
Assessment Year2025

About this property

Restored White Bank Building after 1994 tornado that has 4 office &retail with 5 apartments on 3rd level. 210 unit has about 810 square feet, 2 full walls of windows that soar up the tall ceilings. Features gray carpet, white trim, maroon counters, electric stove, dishwasher, refrigerator, walk in pantry where there is a stack washer dryer (new in 2026). Total electric. Ceiling fans in living and bedroom. Bedroom has walk in closet. Windows all have wide ledges & blinds. Entrance is from Dallas Ave or Historic Town Square. Street level doors have security code to enter. No pets and city zoning limits unit to 2 occupants. Other tenants are professional so area upstairs is quiet. With no elevator you will be getting your daily exercise. Parking is on town square. Tenant pays electric, internet and cable. Owner pays water & trash. Windows overlook town square and the countryside. Restaurants, bakery, coffee and other businesses are on the square. City hall is two blocks away. Located in Historic Dstrict. This is owned by broker agent. Requires 3 x the rent for income, 620 credit score. Tenant that just moved had been there over 10 years. Shown with owner present so no security codes are shared.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$929/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,196
$390,000
2025
$29,460
$360,540
$390,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,196
$390,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American National Bank & Trust
Commercial
$350,000
No
First
May 8, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$348,990
$41,010
10%
89%
$2,099/mo

City: Lancaster

103 Historic Town Square 210 | Property Details | No Agent List