Attention investors! This charming and well-maintained full duplex is an excellent opportunity for generating income. It is located in a highly sought-after rental area in Lancaster, TX, with no HOA fees and easy access to major amenities such as restaurants, banks, gas stations, and grocery stores. Currently, both units are vacant and offer spacious 3 bedrooms, 2 full bathrooms, a carport for 2 cars, separate central AC & heating, water heater, washer-dryer hookup, and separate utility meters. The seller has a survey, and this turnkey investment is ready for you to seize.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
3
Baths
2
Stories
1
Lot width
32 ft.
Lot depth
136 ft.
Lot size
4,382 Sq. Ft.
Year renovated
1982
Sq. Ft.
1,136
Year built
1982
Style
Multi-Family (2-4 Unit)
County
Dallas County
APN
36010050010130000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 1, 2026.
Property details
Parking
Parking Information
Carport Spaces: 4
Covered Spaces: 4
Number Of Parking Spaces: 4
Parking Features: 2-Car Single Doors, Carport, Garage Faces Rear
Interior
Virtual Tour
Bathroom Information
Bathrooms Full: 4
Bedroom Information
Bedrooms Total: 6
Heating & Cooling
Cooling: Central Air, Electric
Heating: Central, Electric
Interior Features
Appliances: Dishwasher, Electric Cooktop
Levels: One
Flooring: Carpet, Ceramic Tile
Interior Features: Cable TV Available
Multi-Unit Information
Number Of Buildings: 1
Number Of Units Total: 2
Unit Count: 2
Occupancy Rate: 100
Gross Annual Income: 40800.00
Gross Annual Expenses: 7200.00
Insurance Expense: 2100
Net Operation Income: 33600
Operating Expense Includes: Insurance, Other
Exterior
Building Information
Roof: Composition, Shingle
Construction Materials: Brick, Wood
Foundation Details: Slab
Exterior Features
Exterior Features: Private Yard, Storage
Fencing: Back Yard, Fenced, Wood
Farm Information
Horse Permitted YN: No
Lot Information
Lot Size: Less Than .5 Acre (not Zero)
Lot Size Acres: 0.1929
Lot Size Area: 0.1929
Lot Size Source: Assessor
Lot Size Square Feet: 8402.7240
Lot Size Units: Acres
Parcel Number: 36010050010130000
Parcel Number 2: 36010050010130100
RATIO List Price By Lot Size Acr: 2047693.10524
Will Subdivide: No
Property Information
Property Type: Residential Income
Property Sub Type: Duplex
Accessibility Features YN: No
Security Features: Smoke Detector(s)
Multi Parcel IDYN: Yes
Property Key: 48113|36010050010130000|1|46821736
Property Match: APN
US Property MUI: 410563393
Building Information
Building Area Total: 2272.00
Building Area Source: Assessor
Year Built: 1982
Year Built Details: Preowned
Smart Home Features Appor Pass Y: No
Financial
Tax Information
Tax Block: 1
Tax Legal Description: BROOK MEADOWS 1ST INST BLK 1 N PT LOT 13
Tax Lot: 13
Unexempt Taxes: 4398
Financial Information
Buyer Financing: Conventional
Capitalization Rate: 8.51
Loan Type: Treat As Clear
Second Mortgage YN: No
Utilities
Utility Information
Municipal Utility District YN: No
Utilities: All Weather Road, City Sewer, City Water, Community Mailbox, Electricity Connected, Individual Water Meter, Sidewalk
Location
HOA Information
Association Type: None
School Information
Elementary School: Houston
Elementary School Name: Houston
High School Name: Lancaster
Middle School Name: Lancaster
School District: Lancaster ISD
Location Information
County Or Parish: Dallas
Country: United States
Directions: From I-35E S, take Exit 416 toward Wintergreen Rd. Merge onto S I-35 East Service Rd S. Turn left at W Wintergreen Rd. Turn right at N Houston Rd. Turn left at W Wintergreen Rd. Turn right at Chapman Dr. Turn left onto Reynolds St. Turn right at N Bluegrove Rd. Property will be on the right.
Latitude: 32.60663400
Longitude: -96.78873500
Geocode Confidence: Medium
Complex Name: N/A
Subdivision Name: Brook Meadows 01
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,136
Stories: 1.0
Lot Size: 4,382 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1982
Year Renovated: 1982
County: Dallas County
APN: 36010050010130000
Home facts updated by county records on Sep 1, 2026
Other
Green Verification Information
Green Verification Count: 0
Listing Information
Attribution Contact: 972-805-6326
Consent for Visitors to Record: Audio, Video
Listing Agreement: Exclusive Right To Sell
Listing Id: 20531671
Listing Key Numeric: 435880000
Listing Terms: Cash, Conventional, FHA, VA Loan
Mls Status: Closed
Previous Status: Pending
Notice Surveillance Devices Pres: Audio, Video
Originating System Name: North Texas Real Estate Information Systems
Photos Count: 31
Possession: Closing/Funding, Subject to Lease
Seller Contributions: 0
Special Listing Conditions: Standard
Standard Status: Closed
Third Party Assistance Program Y: No
Listing Date Information
Days On Market: 71
Cumulative Days On Market: 71
Close Date: 2024-05-20
Purchase Contract Date: 2024-04-19
Listing Contract Date: 2024-02-08
Off Market Date: 2024-04-19
Price Change Timestamp: 2024-02-08T13:17:22.650
Status Change Timestamp: 2024-05-22T06:47:28.853
Listing Price Information
Original List Price: 395000.00
List Price: 395000.00
RATIO Close Price By Lot Size Ac: 1969932.60757
RATIO Current Price By Lot Size: 1969932.60757
Around this home
Schools
Rosa Parks/Millbrook Elementary School
Public PreK-5 • Assigned • 0.8mi
6/10
Lancaster Middle School
Public 7-8 • Assigned • 1.1mi
4/10
Lancaster High School
Public 9-12 • Assigned • 1.7mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
2% chance of being in a wildfire in next 30 years
8/10 Heat Factor
7 days above 110° expected this year, 25 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Lancaster, TX • 75134
Average low and high temperatures (°F)
55
35
66
43
77
54
77
60
83
65
90
74
95
76
93
74
90
69
84
62
72
51
63
44
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.8 hours in
June and 5.4 hours in December, placing it above the
U.S. average for solar exposure.
9.8 hrs
5.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$384,000 – $464,000
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