




$442,680
NAL Estimated Property Value515 S Dallas Ave, Lancaster, TX, 75146
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** ONCE IN A LIFETIME OPPORTUNITY ** UPDATED MODERN VINTAGE, 1.5-story unique custom-built rancher on 0.37 ACRE in the original LANCASTER HISTORIC DISTRICT! Looking for character and good bones? You've found it! HIGH-IMPACT ROOF 2022. WINDOWS (triple pane, double hung) + sliding doors 2020. WATER HEATER 2022. HVAC + BLOWN-IN INSULATION 2024. This house is in excellent condition! The central greatroom is the heart of this home - sitting in one place you can see multiple dining areas, the front of the upstairs loft, the sunroom in the back and the hallway to all three 1st-floor bedrooms. BADA$$ KITCHEN: Semi-galley design with INVERTED-L SHAPE Workspace + PUB-HEIGHT QUARTZ counters + WRAP-AROUND SERVICE BAR + Butler's pantry. Extraordinary kitchen design for this price: designer green paints, DOUBLE OVENS, pull-out drawers in kitchen cabs, built-in spice drawers under ELECTRIC COOKTOP, two double-door pantry cabinets, restored original vintage cabinet pulls & drawer handles. LVP wide-plank flooring transitions the living-dining-kitchen spaces into the hallways and provides terrific flooring flow. Upstairs is a large central loft with half bath, WETBAR + BALCONY overlooking the backyard. Storage galore: who else can say they have a CHRISTMAS CLOSET specifically to store seasonal decorations?! There's bonus floored attic space that can easily be developed into more living-sleeping area. NEW INSULATION - ROLLED & BLOWN-IN 2024. Large SOLARIUM with Satillo-tile floors overlooking the gardens-driveway to the back lawn. Covered walkway protected from weather between the house and OVERSIZED CARPORT + DETACHED GARAGE + WORKSHOP with half bath. Quiet neighborhood, NO HOA. Close to Country View Golf Club, Lancaster Dog Park, Tenmile Creek Preserve, Bishop Arts, Downtown Dallas. Pictures do not do this home justice. You can literally feel the 'cool' vibe as soon as you walk in and realize how big the house and yards are.
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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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