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$2,990,000

1400 W Wintergreen Rd, Lancaster, TX, 75134

PendingInfo
CommercialInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size2.34 acres

Land Information

APN65063431510010100
Land UseCommercial
Legal DescriptionPETER HALL ABST 634 PG 315 TR 1.1 ACS 2.3403 INT201400060321 DD03112014 CO-DC 0634315100101 4CN06343151
Census Tract016707
Assessed Land Value$23,520
Assessment Year2025

About this property

Discover an exceptional investment opportunity with this expansive 25+ acre lot, perfectly poised for residential development. Located in beautiful Wellington Park North in Lancaster, it is Ideally suited for developers seeking a property primed for growth. This lot is zoned residential and is ready for immediate action. The property offers incredible versatility for designing a community that meets modern housing demands. Whether you choose to proceed with the existing plat for 96 lots or opt for a higher-density layout accommodating up to 140 lots, the possibilities are vast. The lot’s zoning ensures streamlined development, while its sizable acreage promises ample space for homes, green spaces, and community amenities. This lot boasts a strategic location, featuring easy access to local amenities, schools, and transportation hubs. Its size and zoning allow for designing a community that blends convenience, comfort, and connectivity. Take advantage of this outstanding opportunity to shape a thriving residential community. With zoning and preliminary plats already in place, the groundwork is set for your vision to come to life. Don’t miss the chance to turn this 25+ acre lot into a landmark development.

Investor Tools

$0Estimated Mortgage Balance
$23,520Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$17,940 /month
Positive
Cash Flow Estimate:
$5,980 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$38/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$23,520
2025
$23,520
N/A
$23,520
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$23,520

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$23,520
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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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