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A+
NoAgentList RatingHow are grades calculated? Info

$353,310

608 Arbor Ln, Lancaster, TX, 75134

$387,161 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,288 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$106.34 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Off-Market ListDeal ListARV FlipAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesNone
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size9,000 sqft

Building Information

Year Built1969
Stories1
Roof Type105
Garage Spaces1

Land Information

APN36076500020050000
Lot Number5
SubdivisionPleasant Run Heights
Land UseResidential
Legal DescriptionPLEASANT RUN HEIGHTS BLK B LT 5 INT202400209742 DD10152024 CO-DC 0765000200500 4CN07650002
Census Tract016706
Assessed Land Value$55,000
Assessed Improvement Value$298,310
Assessment Year2025

About this property

APPROVED TO BE SOLD FOR $110,000 BELOW 2026 ASSESSED VALUE!!!!!! This sale includes BOTH SIDES of this Duplex Unit 608 Abor Ln and 612 Arbor Ln. Both units are 2Bed 1Bath 2Carpot located in the PLEASANT RUN HEIGHTS Subdivision of Lancaster. Close to major freeways including I-20, I-35 and I-45. Featuring Laminate Flooring, stove, oven and walk in closets in Main Bedrooms. This home is perfect for 1st time home buyer or Tons of potential as this is an INVESTOR'S DREAM. This home has tremendous ROI potential for either long term holding or short turn over. Requiring some repairs however, this property is a hidden jewel and offered WELL BELOW MARKET VALUE!!!!

Investor Tools

Property Icon
$353,310
Estimated Property Value
$359,900Estimated Mortgage Balance
$4,670Estimated Equity
-2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$387,160
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,120 /month
Positive
Cash Flow Estimate:
$707 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$841/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,331
$353,310
2025
$55,000
$298,310
$353,310
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,331
$353,310

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Va
$359,900
Yes
First
Oct 15, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$348,640
$4,670
1%
99%
$2,158/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$2,158/mo
+$414/mo
8.7%

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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608 Arbor Ln | Property Details | No Agent List