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$270,000

$275,000

821 Lexington Dr, Lancaster, TX, 75134

On MarketInfo
Just AddedInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,632 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$165.44 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Refrigerator
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size7,429 sqft

Building Information

Year Built1966
Stories1
Roof Type105

Land Information

APN36050500070400000
Lot Number40
SubdivisionLancaster Hills
Land UseResidential
Legal DescriptionLANCASTER HILLS INST 5 BLK G LT 40 INT202500051311 DOD02262024 CO-DC 0505000704000 4CN05050007
Census Tract016704
Assessed Land Value$55,000
Assessed Improvement Value$172,470
Assessment Year2025

About this property

Where classic Lancaster charm meets a fresh, remodeled feel! Step inside and discover an inviting open-concept layout designed for the way you live today. The spacious living area flows naturally into the dining and kitchen spaces, creating an easy setting for everyday living, entertaining, and making memories. The home has been thoughtfully remodeled with updated finishes and modern lighting that adds warmth and style throughout. The open layout creates a bright, connected feel while offering plenty of flexibility for furniture and décor. With three bedrooms and two bathrooms, there is room for everyone to have their own space. Whether you're looking for a comfortable primary residence, a first home, or a place with room to grow, this home offers a great combination of style and functionality. And for the dads who always seem to have a project waiting, check out the backyard storage space! There's room to keep tools, equipment, lawn items, and all those I'll get to it this weekend projects organized and out of the house. Come and take a look and see how this home can fit your next chapter!

Investor Tools

$191,446Estimated Mortgage Balance
$36,024Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,620 /month
Positive
Cash Flow Estimate:
$540 /month

Interested in this property?

Jonathan Flores

NB Elite Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$542/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,364
$227,470
2025
$55,000
$172,470
$227,470
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,364
$227,470

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Trident Realty Investments Llc
Unknown
$192,000
No
First
Jun 17, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$191,446
$36,024
15%
84%
$1,152/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,152/mo
+$820/mo
10.4%

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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821 Lexington Dr | Property Details | No Agent List