6 months on rocket

608 Arbor Ln, Lancaster, TX, 75134

$370,000

Home List Price

$4,394*

Closing Credit

4 Bedrooms
2 Full Baths
Multi
Schools Nearby

Location

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608 Arbor Ln, Lancaster$370,000

Buyer Closing Credits

$4,394*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingAlley Access, Carport
Year Built1969
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
MLS #20449208
Lot Size0.21 Acres
StatusActive

About 608 Arbor Ln

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.

Property Details

Property Features

Property Information:

  • Year Built: 1969
  • Stories: 1

Listing Office:

  • Office Name: BK Real Estate LLC
  • Office Phone: (806) 281-8511
  • Listing Agent: Harrison Sharp

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal
  • Flooring Type: Tile
  • Interior: Eat-in Kitchen, Granite Counters, High Speed Internet, Cable TV

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Alley Access, Carport

Virtual/3D Tour

  • Virtual Tour: 608 Arbor Ln

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

School Info

Assigned Schools Information:

  • Lancaster High School, Public District Grades 9-12
  • Elsie Robertson Middle School, Public District Grades 7-8
  • Pleasant Run Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $370,000

Tax Information:

  • Annual Amount: $4,305
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lancaster, TX.

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Lancaster, TX

City

Med. List Price

$299.9K

Med. Price/SqFt

$162

Avg. Days On Market

72

# of Sold Homes

30

608 Arbor Ln vs Lancaster

194 DAYS ON ROCKET

+122 Days

$370,000

+$70.1K More

KEY TAKEAWAY

This property is $70.1K more than the Median List Price in Lancaster, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20449208

Listing Office:

  • Office Name: BK Real Estate LLC
  • Office Phone: (806) 281-8511
  • Listing Agent: Harrison Sharp

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 5/1/2024, 2:20:25 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$4,305$149,380
2019$4,505$149,380
2018$2,790$91,350
2017$2,799$91,350

History based on county public records data.

Payment Calculator

$1,914

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,176

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4224364
6
/10

  • Pleasant Run Elementary School

  • 427 W Pleasant Run Rd

  • 0.19 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4224365
6
/10

  • Elsie Robertson Middle School

  • 822 W Pleasant Run Rd

  • 0.31 miles

  • Public District Grades 7-8

High School

school-card-donut-4224366
5
/10

  • Lancaster High School

  • 200 E Wintergreen Rd

  • 0.74 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,132. Typical income of Lancaster, TX residents is between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Texas›Dallas County›Lancaster›75134›608 Arbor Ln

This home is located at 608 Arbor Ln in Lancaster, TX and zip code 75134 in the Pleasant Run Heights neighborhood. This home, which was built in 1969, sits on a 0.21 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 20, 2023 and is currently priced at $370,000.

In March 2024 in Lancaster, TX there were 11.2% more homes for sale than in February 2024. Listings spent 72 days on the market in March 2024, and had a median list price of $299,900 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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