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$1,975

1533 Prescott Drive, Lancaster, TX, 75134

On MarketInfo
Just AddedInfo
LeaseInfo
Beds3 Beds
Baths2 Bath
Baths1,415 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.4 / sqft
Year BuiltBuilt in 1996

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Range, Electric Water Heater, Gas Cooktop, Microwave, Refrigerator, Washer
FlooringVinyl

Exterior

Lot Size6,600 sqft

Building Information

Year Built1996
Stories1
Roof Type105
Garage Spaces2

Land Information

APN36074520030020000
Lot Number2
SubdivisionPleasant Manor
Land UseResidential
Legal DescriptionPLEASANT MANOR ESTATES 2 BLK 3 LOT 2 ACS 0.1515 INT202200294840 DOD10032022 CO-DC 0745200300200 4CN07452003
Census Tract016706
Assessed Land Value$50,000
Assessed Improvement Value$146,810
Assessment Year2025

About this property

MOVE-IN SPECIAL: NOW OFFERING 2 WEEKS FREE RENT WITH QUICK MOVE IN! Beautiful Lancaster Retreat with Spacious Living, Private Backyard & Convenient Location! Welcome home to this stunning 3-bedroom, 2-bathroom residence nestled in the heart of Lancaster, Texas! Offering the perfect blend of comfort, convenience, and charm, this inviting home is ready to impress from the moment you arrive. Situated in a peaceful neighborhood, you'll enjoy a welcoming community atmosphere while still being just minutes from shopping, dining, schools, and major highways for an easy commute throughout the Dallas-Fort Worth area. Step inside and discover a bright and spacious layout designed for both everyday living and entertaining. The generous living areas provide plenty of room to relax, gather with family and friends, or create the perfect work-from-home setup. The well-appointed kitchen and comfortable bedrooms offer the ideal balance of functionality and style, making this home as practical as it is appealing. Outside, you'll love the fully fenced backyard, providing privacy and ample space for outdoor activities, pets, weekend barbecues, or simply unwinding after a long day. Rear parking and a garage add extra convenience and security, making daily life even easier. Homes with this combination of location, features, and value don't stay available for long. Schedule your showing today and see everything this Lancaster gem has to offer before it's gone!

Interested in this property?

Brandi Stubbs

OmniKey Realty, LLC.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$498/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,641
$196,810
2025
$50,000
$146,810
$196,810
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,641
$196,810

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mila Inc
N/A
$61,157
N/A
First
Jul 26, 1996
Aug 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$510
$267,490
99%
0%
$514/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$514/mo
+$1,458/mo
8.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1533 Prescott Drive | Property Details | No Agent List