608 Arbor Lane

Lancaster, TX 75134

$370,000
Price
4
Beds
2
Baths
2,288 Sq. Ft.
$162 / Sq. Ft.
2,288
Sq. Ft.
$162
per Sq. Ft.

Description

Don't miss this opportunity to invest in this fully renovated duplex on massive lot in Lancaster! Both sides have 2 beds and 2 baths and feature a living area, kitchen, with carports in the back for additional parking. This property would make a great turnkey investment or you have the option to live in one side while you collect income on the other! Within walking distance to Lancaster STEM High School and Cedar Valley Community College, these units will lease up very quickly and will have a very...Don't miss this opportunity to invest in this fully renovated duplex on massive lot in Lancaster! Both sides have 2 beds and 2 baths and feature a living area, kitchen, with carports in the back for additional parking. This property would make a great turnkey investment or you have the option to live in one side while you collect income on the other! Within walking distance to Lancaster STEM High School and Cedar Valley Community College, these units will lease up very quickly and will have a very strong rental demand. Come make an offer before it is too late! Unit 608 is occupied at $1,500 per month, on a month to month lease. Market rents support up to $1,700 per side. 608 is also fully renovated like 612, showing of the occupied unit available with executed offer. Fridge to be included on unit 612 prior to closing.
  1. Listed by Harrison Sharp • TREC #0735232 • BK Real Estate LLC

Property Details for 608 Arbor Lane

Subdivision Name
Pleasant Run Heights
Pool
No
Garage Spaces
0
Number Of Parking Spaces
2

Location

Listing Courtesy of BK Real Estate LLC, Harrison Sharp
Add your commute
LISTING UPDATED: 02/15/2024 04:35 PM

Property Details for 608 Arbor Lane

StatusActive
MLS #20449208
Days on Market191
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Full Duplex
Year Built1969
Lot Size0.21 AC / 9,016 SF
CountyDallas County

Location

Listing Courtesy of BK Real Estate LLC, Harrison Sharp
Add your commute

Building Information for 608 Arbor Lane

Stories1Residences2Year Built1969Building Size-Lot Size0.21 AC / 9,016 SF

Payment Calculator

$2,431 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,019

Property Taxes

$412

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 608 Arbor Lane

Summary
Location and General Information
  • Block: B
  • Complex Name: NA
  • Directions: GPS
  • Elementary School: Pleasant Run
  • Elementary School Name: Pleasant Run
  • High School: Lancaster
  • High School Name: Lancaster
  • Middle School: Lancaster
  • Year Built Details: Preowned
  • School District: Lancaster ISD
  • Geocode Confidence: High
  • Latitude: 32.61
  • Longitude: -96.77
  • State: Texas
Parking
  • Parking Features: Alley Access, Carport
  • Carport Spaces: 2
  • Attached Garage: No
  • Parking Spaces Covered Total: 2
  • Garage: No
Taxes and HOA Information
  • Tax Legal Description: PLEASANT RUN HEIGHTS LT 5 BLK B
  • Association Type: None
  • Tax Lot: 5
Virtual Tour
Interior and Exterior Features
Interior Features
  • Flooring: Tile
  • Heating: Central, Electric
  • Interior Features: Cable TV Available, Eat-in Kitchen, Granite Counters, High Speed Internet Available
  • Appliances: Dishwasher, Disposal
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Public Records
  • Construction Materials: Brick
  • Foundation Details: Slab
  • Number Of Stories: 1
  • Roof: Composition
  • Number Of Units Total: 2
  • Levels: One
Property
Utilities
  • Utilities: Alley, Cable Available, City Sewer, City Water
Property and Assessments
  • Financing Proposed: Cash, Conventional
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: APN
Lot Information
  • Lot Size Acres: 0.207
  • Lot Size Area: 0.207
  • Lot Size Units: Acres
  • Lot Size Square Feet: 9016.92
  • Multi Parcel ID: No
  • Parcel Number: 36076500020050000
Multi Family
Multi-Family Information
  • Number Of Buildings: 1
  • Capitalization Rate: .00%
  • Gross Annual Expenses: $0
  • Gross Annual Income: $0
  • Insurance Expense: $0
  • Tenancy: Month to Month
  • Net Operation Income: $.00
Unit 1
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Number Of Baths Full: 1
  • Unit Type Type: 2 Bedroom
Unit 2
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Number Of Baths Full: 1
  • Unit Type Type: 2 Bedroom

Property History for 608 Arbor Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 608 Arbor Lane

Taxable ValueLand$40,000Additions$165,060Total$205,060
Tax Record2023$4,944 ($412 / month)
Home Facts
Baths2Total Finished SqFt2,288 SqFtAbove Grade Finished SqFt2,288 SqFtStories1Lot Size9,000 SqFtStyleDuplexYear Built1969ZoningZ350CountyDALLASAPN36076500020050000

Schools near 608 Arbor Lane

This home is within Lancaster Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 7 to 8
Public - 9 to 12
Public - 1 to 12
Rating
School
Distance
Pleasant Run Elementary School
PublicPK to 5

Lancaster Middle School
Public7 to 8

Lancaster High School
Public9 to 12

JD Hall Learning Center
Public1 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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608 Arbor Lane is a multi-family home for sale in Lancaster, TX 75134. This property was listed for sale on October 20, 2023 by BK Real Estate LLC, it's currently listed at $370,000. It has been on the market for a total of 191 days and was last sold on October 22, 2021. This listing's school district is Lancaster Independent School District. Nearby schools include Pleasant Run Elementary School, Lancaster Middle School and Lancaster High School. 608 Arbor Lane is a 4-bed, 2-bath, 2,288 sqft multi-family home built in 1969.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BK Real Estate LLC, Harrison Sharp

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2024 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 02/15/2024 04:35 PM