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$611,590

255 N DALLAS Avenue 103, Lancaster, TX, 75146

Off MarketInfo
LeaseInfo
Beds2 Beds
Baths1 Bath
Baths900 Sq Ft
ApartmentApartment
price_per_sqft$1.06 / sqft
Year BuiltBuilt in 2000

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Dryer, Electric Range, Refrigerator, Washer
FlooringVinyl

Exterior

Lot Size28,205 sqft

Building Information

Year Built2000
Stories2
Roof Type105

Land Information

APN36000500150010000
Lot Number1
SubdivisionOrig Town Lancaster
Land UseCommercial
Legal DescriptionORIG TOWN LANCASTER BLK 15 LOT 1 & PT 2 THRU 4 ACS 0.6475 INT201400184434 DD07172014 CO-DC 0005001500100 4CN00050015
Census Tract016803
Assessed Land Value$197,440
Assessed Improvement Value$414,150
Assessment Year2025

About this property

This unit is zoned for 55+ residents by the city. Great location in old Town Square area. Features large living area with kitchen...Stove, refrigerator, dishwasher, pantry closet. Utility closet has stack washer dryer. Ceiling fans in living area and bedroom. Bedroom closet plus spacious storage closet. Vinyl wood flooring. Bath has shower and small vanity. Windows have blinds. Parking is in front of building. It does have a ramp from parking area along the south side. Tenant pays electric and water. Owner prefers at least $2500 monthly income and a 600 of better credit score. Unit move in ready.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,459/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,446
$611,590
2025
$197,440
$414,150
$611,590
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,446
$611,590

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Heath Banking Center
Commercial
$680,000
No
First
Dec 30, 2021
Dec 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$623,307
N/A
0%
102%
$4,077/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.

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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255 N DALLAS Avenue 103 | Property Details | No Agent List