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$110,080

NAL Estimated Property Value

121 Historic Town Square, Lancaster, TX, 75146

$143,104 ARVInfo
Off MarketInfo
CommercialInfo
Baths0 Bath
Baths2,005 Sq Ft
OfficeOffice
price_per_sqft$79.3 / sqft
Year BuiltBuilt in 1945

Highlights

Interior

Bathrooms 0Bathrooms 0
Heating CentralHeating Central
CoolingCooling
FlooringConcrete

Exterior

Lot Size2,752 sqft

Building Information

Year Built1945
Stories1
Roof Type172

Land Information

APN36000500040030200
Lot Number3-4
SubdivisionOrig Town Lancaster
Land UseCommercial
Legal DescriptionORIG TOWN LANCASTER BLK 4 PT LTS 3 & 4 ACS 0.063 INT202200098412 DD04042022 CO-DC 0005000400302 4CN00050004
Census Tract016803
Assessed Land Value$19,260
Assessed Improvement Value$90,820
Assessment Year2025

About this property

Fantastic income producing 2005 square foot property in the beautiful downtown Historic District of Lancaster!! It was last used as a restaurant, as well as equipped for a bar but can be used as office space, medical, retail or much more. Property has a great space for a patio, sitting area or whatever works for your business. Restaurant sat roughly 80 people and is already wired for multiple TV's. Come take a look and make this fantastic property in a great location yours!

Investor Tools

Property Icon
$110,080
Estimated Property Value
$0Estimated Mortgage Balance
$110,080Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$143,104
Rent-to-Value Ratio: 0.72%
Rent Estimate
$954 /month
Positive
Cash Flow Estimate:
$318 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$211/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,987
$110,080
2025
$19,260
$90,820
$110,080
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,987
$110,080

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$110,080
100%
0%
$0/mo

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.

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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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121 Historic Town Square | Property Details | No Agent List