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$256,750

1314 Irene Ave, Lancaster, TX, 75134

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,322 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$170.12 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher
FlooringHardwood, Linoleum

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Other
Lot Size1.21 acres

Building Information

Year Built1965
Stories1
Roof Type105
Garage Spaces2

Land Information

APN36004500020290000
Lot Number29
SubdivisionBellaire Acres
Land UseResidential
Legal DescriptionBELLAIRE ACRES BLK B LOT 29 INT202300052888 DD03162023 CO-DC 0045000202900 4CN00450002
Census Tract016706
Assessed Land Value$96,640
Assessed Improvement Value$160,110
Assessment Year2025

About this property

Looking for 1.2 acres with a nice home in town?? Well loved one owner home. 2 living areas, 3 bedrooms, 1.5 baths, hardwood floors. Roof one year old. Large walk in hall closet with good closets in each bedroom. Kitchen has ceramic tile counters, electric cooktop, wall oven, dishwasher with a window over the sink. Oversized grage with space for washer & dryer plus a workbench area. Sprinkler system. Storm windows. Deep lot features a barn.workshop with 360 square feet. and storage building. Oak and pean trees. Small shady patio in back. Enjoy the privacy and peace on your own little retreat. Buyer will need to pay for survey. This is inherited property If your shoes are muddy please remove them before going in this home. This is acreage and you can not see the back property when it is dark. Please show before 7:00 pm

Investor Tools

Property Icon
$256,750
Estimated Property Value
$0Estimated Mortgage Balance
$256,750Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,541 /month
Positive
Cash Flow Estimate:
$514 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$612/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,065
$256,750
2025
$96,640
$160,110
$256,750
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,065
$256,750

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$256,750
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
9.2%

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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1314 Irene Ave | Property Details | No Agent List