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Lancaster Home for Sale

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  • 724 Spalding Way, El Paso, TX 79907
    724 Spalding Way, El Paso, TX 79907
    724 Spalding Way, El Paso, TX 79907
    /30

    $256,400

    • 4 Beds
    • 2 Baths
    • 1,771 Sq Ft

    724 Spalding Way, El Paso, TX 79907

    Remodeled home has been updated with contemporary finishes, including sleek flooring, stylish fixtures, and neutral tones that create a warm and inviting atmosphere. Home features four bedrooms and two living room spaces. Don't miss your chance to own a beautiful property with endless potential in a peaceful, established community.

    Adriana Montenegro Center Real Estate

    724 Spalding Way, El Paso, TX 79907
Texas El Paso County El Paso Lancaster

Real Estate & Homes for Sale in Lancaster, El Paso

Why Live in Lancaster

Lancaster is an El Paso neighborhood in the lower Mission Valley. Freight railroad tracks run past logistics centers on the western side of the neighborhood, which is primarily industrial with small residential pockets. The median home sale price is about $100,000 lower than El Paso's median. Ranch-style homes sit on small lots and sell for $120,000 to $260,000. Students attend well-rated schools, including Lancaster Elementary School, which is right in the neighborhood. The centrally located Lancaster Park has a playground but not much shade. Nearby Pueblo Viejo Park and Pavo Real Aquatic Center provide better options for beating the heat. The Pavo Real rec center also hosts a run club and seasonal events and sports tournaments. Locals meet at the El Paso Library's Sergio Troncoso branch for citizenship and English language classes. Shopping centers Plaza de Flores and Zaragoza Village are situated across the road from each other in Lancaster's northwest section, offering a mix of discount stores, chain restaurants like Denny's and Pizza Hut, and groceries at El Super. Loop 375 makes commuting easy, and downtown El Paso is about 15 miles away. Travelers have a 12-mile drive to El Paso International Airport. Idling traffic at nearby border checkpoints can affect air quality.
Learn more about living in Lancaster

Frequently Asked Questions

Is Lancaster a good place to live?
Lancaster is a good place to live. Lancaster is considered car-dependent and somewhat bikeable with some transit options. Lancaster is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Lancaster has 2 parks for recreational activities. It is fairly sparse in population with 4.5 people per acre and a median age of 38. The average household income is $50,950 which is below the national average. College graduates make up 12.2% of residents. A majority of residents in Lancaster are home owners, with 33.2% of residents renting and 66.8% of residents owning their home. A local real estate agent serving Lancaster can help you decide if this neighborhood is the right one for you. Learn more on our Lancaster neighborhood guide.
Is Lancaster, TX a safe neighborhood?
Lancaster, TX is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Lancaster?
The median home price in Lancaster is $158,000. If you put a 20% down payment of $31,600 and had a 30-year fixed mortgage with an interest rate of 6.22%, your estimated principal and interest payment would be $780 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $33K a year to afford the median home price in Lancaster. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Lancaster is $51K.
What are the best public schools in Lancaster?
The best public schools that serve Lancaster are:
What are the best private schools in Lancaster?
The best private schools that serve Lancaster are:
What are the most popular zip codes in Lancaster, El Paso, TX?
The most popular zip codes in Lancaster, El Paso, TX include 79907, 79927, 79936, 79928 and 79915.
What are the most popular neighborhoods near Lancaster, El Paso, TX?
The most popular neighborhoods near Lancaster, El Paso, TX are Ysleta, Penrose, Pueblo Viejo, Capistrano Park and Valle Grande.
Are home prices dropping in Lancaster?
Yes, home prices in Lancaster are down 29% in the last 12 months.

Home Trends in Lancaster, TX

On average, homes in Lancaster, El Paso sell after 30 days on the market compared to the national average of 55 days. The median sale price for homes in Lancaster, El Paso over the last 12 months is $158,500, down 27% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$158,500
Median Single Family Sale Price
$162,000
Average Price Per Sq Ft
$148
Number of Homes for Sale
1
Last 12 months Home Sales
24
Months of Supply
0.50
Median List Price
$158,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-27%
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