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$246,760

NAL Estimated Property Value

823 N Dallas Avenue, Lancaster, TX, 75146

$307,875 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,100 Sq Ft
TriplexTriplex
price_per_sqft$92.86 / sqft
Year BuiltBuilt in 1936

Property Lead Type:

Off-Market ListDeal ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesElectric Range
FlooringCarpet, Vinyl

Exterior

Lot Size11,342 sqft

Building Information

Year Built1936
Stories1
Roof Type105
Garage Spaces2

Land Information

APN36000508020060100
Lot Number6-8
SubdivisionOrig Town Lancaster
Land UseResidential
Legal DescriptionORIG TOWN LANCASTER BLK B/80 N PT LTS 6 THRU 8 INT201900154859 DD06142019 CO-DC 0005080200601 4CN00050802
Census Tract016803
Assessed Land Value$65,220
Assessed Improvement Value$181,540
Assessment Year2025

About this property

This is a 2 bedroom 1 bath brick home (1300 SQ-FT) with a split 1bd and 1bath per side duplex (800 SQ-FT) on the back of the property. Property is currently fully rented for $2275 per month with one year leases. Property is a single parcel with 3 lots and is zoned Single family with a legal non conformance for the duplex. Seller will pay for for title insurance and has survey. LOW maintenance, sold as is. Duplex has new Roof and Seller has private lender who has already approved property for lending. Property will not go conventional, FHA,VA... Cash, Hard Money, Commercial or Private lenders only please...

Investor Tools

Property Icon
$246,760
Estimated Property Value
$122,906Estimated Mortgage Balance
$123,854Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$307,874
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,481 /month
Positive
Cash Flow Estimate:
$494 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$589/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,829
$246,760
2025
$65,220
$181,540
$246,760
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,829
$246,760

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lima One Capital Llc
Unknown
$142,500
No
First
Jun 14, 2019
Jul 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$122,906
$123,854
50%
50%
$855/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$855/mo
+$710/mo
7.6%

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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823 N Dallas Avenue | Property Details | No Agent List