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$435,600

2108 GREENE Road, Lancaster, TX, 75146

Off MarketInfo
CommercialInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size5 acres

Land Information

APN65112838510060000
SubdivisionMiddleton Perry
Land UseCommercial
Legal DescriptionMIDDLETON PERRY ABST 1128 PG 385 TR 6 ACS 5.00 INT202000096051 DD04092020 CO-DC 1128385100600 4CN11283851
Census Tract016903
Assessed Land Value$435,600
Assessment Year2025

About this property

5 ACRES WATER TAP IS THERE FOR ORIGINAL MOBILE HOME THAT HAS BEEN REMOVED. ANNEXED BY CITY EARLY 1980'S WITH NO MORE MOBILE HOMES ALLOWED. CITY HAS RESEARCHED THIS PROPERTY AND DETERMINED THAT ONLY COMMERCIAL DEVELOPMENT MAY GO ON THIS TRACT BEAUSE IT IS IN THE AIRPORT APPROACH AND THEY REHAVE AN OVERLAY THAT PROHIBITS ANY NEW RESIDENTIAL PROPERTIES IN THE APPROACH. CONTACT THE CITY TO FIND OUT WHAT COMMERCIAL USES CAN BE DONE FOR THIS PROPERTY. COMMERCIAL ZONING IS ALL NORTH SIDE OF GREENE RD.. NEAR AIRPORT. EASY ACCESS TO I45.

Investor Tools

Property Icon
$435,600
Estimated Property Value
$0Estimated Mortgage Balance
$37,595Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,614 /month
Positive
Cash Flow Estimate:
$871 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$453/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,260
$435,600
2025
$435,600
N/A
$435,600
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,260
$435,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank
Unknown
$403,912
No
First
Jul 22, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$398,005
$37,595
8%
91%
$2,422/mo

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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2108 GREENE Road | Property Details | No Agent List