$265,000
- 3 Beds
- 2.5 Baths
- 1,676 Sq Ft
882 Magnolia Ln, Lancaster, TX 75146
Alma Reyes JPAR Dallas
Frequently Asked Questions Why Live in Lancaster Park
Is Lancaster Park a good place to live?
Lancaster Park is a good place to live. Lancaster Park is considered car-dependent and somewhat bikeable. It has a median age of 34. The average household income is $45,429 which is below the national average. College graduates make up 23.5% of residents. A majority of residents in Lancaster Park are renters, with 62.4% of residents renting and 37.6% of residents owning their home. A local real estate agent serving Lancaster Park can help you decide if this neighborhood is the right one for you. Learn more on our Lancaster Park neighborhood guide.
Is Lancaster Park, TX a safe neighborhood?
Lancaster Park, TX is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Lancaster Park?
The median home price in Lancaster Park is $269,950. If you put a 20% down payment of $54,000 and had a 30-year fixed mortgage with an interest rate of 6.75%, your estimated principal and interest payment would be $1,400 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $60K a year to afford the median home price in Lancaster Park. The average household income in Lancaster Park is $45K.
What are the best public schools in Lancaster Park?
The best public schools that serve Lancaster Park are:
- Lancaster High School has a B- Niche grade, a student teacher ratio of 18:1 and an average review score of 3.7.
- Lancaster Middle School has a C+ Niche grade, a student teacher ratio of 16:1 and an average review score of 4.7.
What are the best private schools in Lancaster Park?
The best private schools that serve Lancaster Park are:
- Berne Academy has a student teacher ratio of 6:1 and an average review score of 2.3.
What are the most popular zip codes in Lancaster Park, Lancaster, TX?
What are the most popular neighborhoods near Lancaster Park, Lancaster, TX?
The most popular neighborhoods near Lancaster Park, Lancaster, TX are Meadow Creek Estates, Westridge, Waynelee Heights, Pleasant Manor Estates and Bellaire Acres.
Are home prices dropping in Lancaster Park?
Yes, home prices in Lancaster Park are down 14% in the last 12 months.
