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Days823Days on Market
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$3,400,000

2105 N Houston School Rd, Lancaster, TX, 75134

On MarketInfo
Baths1,575 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 1955

Exterior

Lot Size1.14 acres

Building Information

Year Built2004
Stories1

Land Information

APN65112034510040300
SubdivisionMarady Parks
Land UseAgriculture / Farming
Legal DescriptionMARADY PARKS ABST 1120 PG 345 TR 4.3 ACS 1.1410 WEST & ADJ TO TR 4.1 INT201100075282 DD02012011 CO-DC 1120345100403
Census Tract016709
Assessed Land Value$57,050
Assessed Improvement Value$23,120
Assessment Year2025

About this property

This treasured family farm is cited close to both I35 and 20, south of Wintergreen and west of downtown historic Lancaster. There are 3 tracts total and they will all be sold together. This is attractive, hard-to-come-by acreage approximated at close to 28 acres currently in use as a horse farm with a 1955 brick single family residence on the 1.3078ac of Tract 4.1 close to the road and a barn behind on Tract 4.3. The largest parcel, Tract 4.2, boasts the bulk of the open space with an abundance of trees along a creek. Approximately 4.72 acres are in the flood plain leaving some 24+ac high and dry. The acreage and square footage figures are based on previous surveys from 2010, and before, as well as current DCAD information. The Buyer will need to obtain a new survey at the Buyer's expense. Uploaded surveys are provided for basic reference only.

Investor Tools

Property Icon
$80,170
Estimated Property Value
$0Estimated Mortgage Balance
$80,170Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$20,400 /month
Positive
Cash Flow Estimate:
$6,800 /month

Interested in this property?

Diane Sherman

Dave Perry Miller Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$79/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$549
$80,170
2025
$57,050
$23,120
$80,170
No

Tax History

Year
Tax Paid
Assessed Value
2024
$549
$80,170

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$80,170
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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2105 N Houston School Rd | Property Details | No Agent List