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$199,900

113 S Ellis Street, Lancaster, TX, 75146

$259,870 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,050 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$97.51 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size13,200 sqft

Building Information

Year Built1948
Stories1
Roof Type105
Garage Spaces2

Land Information

APN36000509220020200
Lot Number2
SubdivisionOrig Town Lancaster
Land UseResidential
Legal DescriptionORIG TOWN LANCASTER BLK 92 B S PT LT 2 64 1/2X190 INT202100177437 DD05202021 CO-DC 0005092200202 4CN00050922
Census Tract016803
Assessed Land Value$75,900
Assessed Improvement Value$202,550
Assessment Year2025

About this property

Come see this beautiful house located in the Historic part of Lancaster with a huge lot! This house features a recently renovated kitchen and beautiful hardwood floors throughout most of the house. It boasts 3 bedrooms and 2 bathrooms, including an enormous master retreat that you will love with its own sitting room or office, as well as a huge walk in closet and a beautiful remodeled bathroom that features a huge walk in shower. You also get a huge sun room that adds about 500sqft of extra space! Come see it today!

Investor Tools

Property Icon
$278,450
Estimated Property Value
$0Estimated Mortgage Balance
$106,599Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$259,870
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,671 /month
Positive
Cash Flow Estimate:
$557 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$426/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,717
$278,450
2025
$75,900
$202,550
$278,450
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,717
$278,450

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$190,000
No
First
May 20, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$171,851
$106,599
38%
62%
$1,140/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,140/mo
+$832/mo
8.5%

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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