
$251,190
NAL Estimated Property Value817 Rea Ave, Lancaster, TX, 75146
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About this property
Welcome to this beautifully updated 4-bedroom, 2-bathroom home, ideally located near Lancaster Middle School and just behind the Lancaster Police Station for added peace of mind. Step inside to find new vinyl flooring and freshly painted walls throughout, giving the home a bright and inviting feel. The spacious, open family living area is perfect for gatherings and flows seamlessly into the formal dining room, which is filled with natural light. The kitchen is a chef's delight with ample counter space, plenty of cabinets, and a cozy breakfast nook. The master suite is your personal retreat, featuring a walk-in closet, an ensuite bath with a walk-in shower, and all the space you need to relax. Outdoors, enjoy an expansive backyard with a patio—ideal for entertaining or simply enjoying some fresh air. With a brand new roof and HVAC system, this home is move-in ready and offers years of low-maintenance living. Convenient alley access behind the home adds to the property's appeal. Don’t miss this fantastic opportunity! Walmart-5 min, Fiesta Mart-5 min, Lowes-12 min, Home Depot-15 min, Pleasant Run Elem-5 min, Rolling Hills Elem-6 min, Lancaster Middle-8 min, Lancaster HS-10 min, Univ. of North Texas-1 hr, Lancaster Community Park-10 min, Cedar Hill State Park-20 min, Cinemark Lancaster Movies-12 min, Country View Golf Club-7 min, Lancaster Indoor Pool & Recreation Center-3 min.
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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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