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B+
NoAgentList RatingHow are grades calculated? Info
Days54Days on Market
Views1view
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$1,899,000

$1,949,000

511 S Bluegrove Road, Lancaster, TX, 75146

$2,248,406 ARVInfo
On MarketInfo
Price DropInfo
Beds7 Beds
Baths7 Bath
Baths7,300 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$260.14 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 7Bedrooms 7
Bathrooms 7Bathrooms 7
AppliancesDishwasher, Gas Range, Double Oven
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesOther
Lot Size2 acres

Building Information

Garage Spaces4

Land Information

APN360319000A03R0100
Lot Number3R
Land UseCommercial - Vacant Plotted Lots/Tracts
Legal DescriptionFULLER 2 PLAT BLK A PT LT 3R ACS 2.0000 INT202500032641 DD02182025 CO-DC 0319000A03R01 4CN0319000A
Census Tract016802
Assessed Land Value$162,000
Assessment Year2025

About this property

Welcome to a truly impressive estate offering over 7,300 sq ft across three levels on a sprawling 2-acre lot, designed for those who crave space, style, and the ability to live and entertain without limits. Inside, high ceilings create a dramatic, open feel with sight-lines that extend to an upper level catwalk, while a striking fireplace anchors the main living area. The kitchen is a showstopper, featuring quartz countertops, a waterfall island, a separate dining island, and cabinetry that extends to the ceiling, along with a spacious pantry for maximum storage. The main level also includes a dedicated home office and a theater-media room, creating the perfect balance of productivity and entertainment. Upstairs, a loft space adds even more flexibility, while multiple laundry areas, including an additional connection in the primary suite takes everyday conveniences to a whole new level. The primary suite is a true retreat, complete with recessed lighting, a statement wood accent wall, fireplace, and abundant natural light. The ensuite bath offers dual sinks, built-in storage, a large walk-in closet, and a spacious tiled shower designed for comfort and style. Discover outside to your own private oasis, an in-ground pool, patio, and fenced backyard set against a serene 2-acre backdrop, plus a rooftop deck that elevates your outdoor living experience even further. Conveniently located near I-35E and I-20. Enjoy nearby shopping, dining, and entertainment options in Lancaster, DeSoto, and southern Dallas, along with local parks and outdoor spaces that enhance the lifestyle this property offers. With unmatched square footage, luxury features, and endless room to make it your own, this is more than a home, it’s a destination. Schedule your private tour and experience it for yourself. Discounted rate options and no lender fee future refinancing may be available for qualified buyers of this home. Some images are Virtually Staged.

Investor Tools

Property Icon
$162,000
Estimated Property Value
$0Estimated Mortgage Balance
$162,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$2,248,406
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,394 /month
Positive
Cash Flow Estimate:
$3,798 /month

Interested in this property?

Raymond Garrido

Orchard Brokerage

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$247/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,150
$162,000
2025
$162,000
N/A
$162,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,150
$162,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$162,000
100%
0%
$0/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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