$139,000
226 REA Street, Lancaster, TX, 75146
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Investment sold as is. Older frame units. House is 528 sq ft with $600 rent, Effiency is 380 square ft with $400 rent. In rentable condition. House floor is uneven, both could use some painting. Window units provide heat and air. 2 units in house, 1 in efficiency. Both stoves and refrigerators convey. Currently occuied by excellent tenants with expiration on contract 7.31.2021. Both baths have showers-no tub. Near Pleasant Run Elementary. Agent will accompamy all showings with agent making advance appointment. Big back yard. Storage building remains.
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Lancaster
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