607 Arbor Ln Lancaster, TX 75134
Estimated payment $2,155/month
Highlights
- Open Floorplan
- Eat-In Kitchen
- Ceramic Tile Flooring
- Covered Patio or Porch
- Walk-In Closet
- 1-Story Property
About This Home
TURNKEY DUPLEX – VACANT – PRIME INVESTMENT OPPORTUNITY! Investor alert! This fully updated duplex in Lancaster, TX is a rare find — both units are VACANT and rent-ready, giving you the ability to set market rents immediately and maximize cash flow from day one. Each unit offers 2 bedrooms, 1 full bath, and recent upgrades including fresh interior paint, updated fixtures, refreshed bathrooms, and select updated doors. Clean, modernized, and move-in ready — minimal upfront expenses needed. Located in a quiet, established neighborhood near schools, hospitals, shopping, dining, and entertainment, this property is positioned for strong tenant demand and long-term appreciation. ?? Ideal for: Buy-and-hold investors seeking solid rental income House hackers — live in one unit, rent the other Multi-generational families wanting side-by-side living Portfolio expansion with a low-maintenance asset With both units vacant, you control tenant selection and rental rates — no inherited leases, no delays. Opportunities like this don’t last — schedule your showing today and secure your next income-producing property!
Listing Agent
Chadwick Realty Group, The Brokerage Phone: 972-435-2187 License #0483141 Listed on: 02/19/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,683
Year Built
- Built in 1970
Lot Details
- 9,017 Sq Ft Lot
- Barbed Wire
Home Design
- Duplex
- Brick Exterior Construction
- Slab Foundation
- Asphalt Roof
Interior Spaces
- 1-Story Property
- Open Floorplan
- Decorative Lighting
- Fire and Smoke Detector
Kitchen
- Eat-In Kitchen
- Gas Oven
- Gas Cooktop
- Dishwasher
Flooring
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Parking
- 2 Carport Spaces
- No Garage
- Alley Access
- Additional Parking
Outdoor Features
- Covered Patio or Porch
Schools
- Lancaster Middle School
- Lancaster High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Vented Exhaust Fan
- Electric Water Heater
Listing and Financial Details
- Legal Lot and Block 5 / A
- Assessor Parcel Number 36076500010050000
Community Details
Overview
- 2 Units
- 2,022 Sq Ft Building
- Pleasant Run Heights Subdivision
Building Details
- Gross Income $36,000
- Net Operating Income $25,000
Map
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 | $5,216 | $283,420 | $55,000 | $228,420 |
| 2024 | $5,216 | $246,240 | $55,000 | $191,240 |
| 2023 | $5,216 | $184,000 | $40,000 | $144,000 |
| 2022 | $4,985 | $188,870 | $40,000 | $148,870 |
| 2021 | $4,034 | $141,250 | $25,000 | $116,250 |
| 2020 | $4,180 | $141,250 | $25,000 | $116,250 |
| 2019 | $4,314 | $141,250 | $25,000 | $116,250 |
| 2018 | $2,578 | $84,140 | $14,000 | $70,140 |
| 2017 | $2,578 | $84,140 | $14,000 | $70,140 |
| 2016 | $2,577 | $84,140 | $14,000 | $70,140 |
| 2015 | $2,441 | $84,140 | $14,000 | $70,140 |
| 2014 | $2,441 | $84,140 | $14,000 | $70,140 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/13/2026 03/13/26 | Pending | -- | -- | -- |
| 02/19/2026 02/19/26 | For Sale | $299,000 | -- | $148 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Providence Title Company |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21184961
APN: 36076500010050000
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Ask me questions while you tour the home.