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B+
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Days32Days on Market
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$1,650,000

201 Oakwood Dr, Lancaster, TX, 75146

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths6,079 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$271.43 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal, Gas Range, Microwave, Double Oven
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBasketball Court, Courtyard, Rain Gutters, Lighting, Private Yard, Storage, Tennis Court(s)

Building Information

Garage Spaces3

About this property

Welcome to Gatlin Estate, a truly rare luxury offering unlike anything else on the market. Three distinctive structures are thoughtfully arranged across two separately deeded parcels, creating an extraordinary setting for gathering, recreation, and multigenerational living. Every space reflects exceptional craftsmanship, timeless quality, and an amenity-rich lifestyle that would be difficult to replicate today. The primary residence offers six bedrooms and four bathrooms, showcasing custom millwork and handcrafted hardwood details throughout. Three all-gas fireplaces, custom built-in bedroom furnishings with integrated storage, walk-in closets, a gourmet kitchen, three-car epoxy-finished garage, mobile-controlled exterior lighting and a resort-style pool and spa create an effortless balance of luxury and everyday comfort. Expansive patios and mature landscaping provide exceptional privacy for year-round entertaining. Complementing the main residence is The Lodge, a custom entertainment retreat featuring a full wet bar with beer tap, temperature-controlled wine cellar, projector and screen, full bath, and loft office with panoramic views and custom built-ins. Outdoors, enjoy a professionally designed multi-sport court for pickleball, tennis, basketball, and volleyball, plus a 27-station synthetic turf putting course. The property also includes a private two-stall horse stable and two storage sheds, one of which is climate controlled, providing flexible space for equestrian needs, workshop use, hobbies, collections, or seasonal storage. The adjoining parcel features the original three-bedroom, two-bath guest home with garage, carport, and spacious patio, ideal for multigenerational living, private guest accommodations, rental income, or future flexibility. Both separately deeded parcels are offered together, preserving the integrity and vision of Gatlin Estate as a singular legacy property.

Investor Tools

$0Estimated Mortgage Balance
$669,880Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,900 /month
Positive
Cash Flow Estimate:
$3,300 /month

Interested in this property?

Elisha Scott

Compass RE Texas, LLC.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,094/month
No HOA
5.947%

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.

Explore Texas Explore This Area
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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201 Oakwood Dr | Property Details | No Agent List