501 W 8th St Lancaster, TX 75146
Estimated Value: $184,000 - $245,000
2
Beds
1
Bath
736
Sq Ft
$280/Sq Ft
Est. Value
About This Home
This home is located at 501 W 8th St, Lancaster, TX 75146 and is currently estimated at $205,731, approximately $279 per square foot. 501 W 8th St is a home located in Dallas County with nearby schools including West Main Elementary School, Aia Lancaster Elementary School, and AIA Lancaster Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 31, 2020
Sold by
Cagle James
Bought by
Young Henry L and Young Judy
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Outstanding Balance
$69,347
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$136,384
Purchase Details
Closed on
Sep 23, 2003
Sold by
Mervin Karen
Bought by
Cagle James
Purchase Details
Closed on
Feb 12, 2003
Sold by
Arias Samuel L and Mervin Karen
Bought by
Mervin Karen
Purchase Details
Closed on
Oct 7, 1997
Sold by
Hud
Bought by
Arias Samuel and Mervin Karen
Purchase Details
Closed on
Jun 3, 1997
Sold by
First Nationwide Mtg Corp
Bought by
Hud
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Young Henry L | -- | None Available | |
| Cagle James | -- | -- | |
| Mervin Karen | -- | -- | |
| Arias Samuel | -- | -- | |
| Hud | -- | -- | |
| First Nationwide Mtg Corp | $54,360 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Young Henry L | $78,000 |
Source: Public Records
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $276 | $190,660 | $70,000 | $120,660 |
| 2024 | $276 | $150,070 | $45,000 | $105,070 |
| 2023 | $276 | $123,170 | $40,000 | $83,170 |
| 2022 | $1,652 | $62,570 | $30,000 | $32,570 |
| 2021 | $1,787 | $62,570 | $30,000 | $32,570 |
| 2020 | $1,852 | $62,570 | $30,000 | $32,570 |
| 2019 | $1,406 | $46,030 | $20,000 | $26,030 |
| 2018 | $892 | $29,100 | $13,000 | $16,100 |
| 2017 | $891 | $29,100 | $13,000 | $16,100 |
| 2016 | $891 | $29,100 | $13,000 | $16,100 |
| 2015 | $695 | $29,100 | $13,000 | $16,100 |
| 2014 | $695 | $23,970 | $13,000 | $10,970 |
Source: Public Records
Map
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