3 Beds
2 Baths
1,412 SqFt
3 Beds
2 Baths
1,412 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 1,412 sqft
Price per Sqft $134
Subdivision Meadow Creek Estates
MLS Listing ID 21328639
Style Detached
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1984
Annual Tax Amount $5,196
Lot Size 7,492 Sqft
Acres 0.172
Property Sub-Type Single Family Residence
Property Description
Attention investors! This is an outstanding opportunity to add value in a desirable, established Lancaster neighborhood. Whether you're looking for your next flip, long-term rental, or BRRRR project, this property offers strong potential.
This 3-bedroom, 2-bathroom home features 1,412 square feet of living space, a 2-car garage, and a private swimming pool. Built in 1984, the home has already had some work completed, allowing the next owner to step in with the remaining improvements based on their investment strategy.
The property will require a new roof, pool repairs, and cosmetic updates- flooring, fixtures, etc. However, investors pursuing a rental strategy may find they can significantly reduce the renovation scope while still achieving strong rental performance, making this an attractive value-add opportunity.
With an estimated After Repair Value (ARV) of approximately $279,000 and projected market rents of around $1,950 per month, this property presents multiple exit strategies for experienced investors.
Bring your vision and maximize this property's potential.
Location
State TX
County Dallas
Direction Please utilize GPS.
Interior
Interior Features Pantry, Walk-In Closet(s)
Fireplaces Number 1
Fireplaces Type Wood Burning
Fireplace Yes
Appliance Dishwasher, Electric Range, Disposal
Exterior
Parking Features Garage, Garage Faces Rear
Garage Spaces 2.0
Pool Pool
Utilities Available Sewer Available, Water Available
Water Access Desc Public
Garage Yes
Private Pool No
Building
Dwelling Type House
Sewer Public Sewer
Water Public
Level or Stories One
Schools
Elementary Schools Belt Line
Middle Schools Lancaster
High Schools Lancaster
School District Lancaster Isd
Others
Tax ID 36067600050350000
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21328639
Nearby Locations
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "