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$239,999

1908 Chapman Dr, Lancaster, TX, 75134

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,480 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162.16 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven
FlooringCarpet, Laminate

Exterior

Lot Size8,830 sqft

Building Information

Year Built2000
Stories1
Roof Type105
Garage Spaces2

Land Information

APN360880000A0030000
Lot Number3
SubdivisionWellington Park North
Land UseResidential
Legal DescriptionWELLINGTON PARK NORTH BLK A LT 3 INT201500226165 DD08182015 CO-DC 0880000A00300 4CN0880000A
Census Tract016707
Assessed Land Value$65,000
Assessed Improvement Value$186,260
Assessment Year2025

About this property

Welcome to 1908 Chapman Drive, a single-story brick home situated on a generous corner lot in Lancaster’s Wellington Park North community. This thoughtfully designed residence offers 3 bedrooms, 2 full bathrooms and approximately 1,480 square feet of living space. The open living and dining area is anchored by a wood-burning fireplace, while the adjoining kitchen provides abundant cabinetry, ample countertop space and a convenient breakfast bar. Additional features include central heating and air, an attached two-car garage and a composition-shingle roof. Outside, the approximately 0.20-acre corner lot offers a fenced yard, storage building and plenty of room for outdoor activities or future landscaping ideas. A Trane 18-SEER variable-speed HVAC system was installed in 2020, providing an important mechanical upgrade. With a functional floor plan, established neighborhood setting and opportunity to add your own personal style, this home is ready for its next chapter. Schedule your private showing today!

Investor Tools

Property Icon
$251,260
Estimated Property Value
$115,926Estimated Mortgage Balance
$147,849Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,508 /month
Positive
Cash Flow Estimate:
$503 /month

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CENTURY 21 Judge Fite Co.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$598/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,925
$251,260
2025
$65,000
$186,260
$251,260
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,925
$251,260

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Credit Union Of Texas
Conventional
$115,926
No
First
Jan 11, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$103,411
$147,849
58%
41%
$696/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$796/mo
+$1,176/mo
9.4%

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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1908 Chapman Dr | Property Details | No Agent List