$299,000
SOLD APR 3, 2026
Last list price

607 Arbor Ln Lancaster, TX 75134

4 Beds
2 Baths
2,022 Sq Ft
9,017 Sq Ft Lot Lot

Sale Details

Date Sold: April 3, 2026

$148 Per Sq Ft

22 on Market

Highlights

  • Open Floorplan
  • Eat-In Kitchen
  • Ceramic Tile Flooring
  • Covered Patio or Porch
  • Walk-In Closet
  • 1-Story Property

About This Home

As of April 2026

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!

Last Agent to Sell the Property

Heidi Valerius

Chadwick Realty Group, The Brokerage Phone: 972-435-2187 License #0483141 Listed on: 02/19/2026

Last Buyer's Agent

Chaz Swint

Keller Williams Realty License #0590227

Keller Williams Realty

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,683

Year Built

Built in 1970

Lot Details

9,017 Sq Ft Lot

Listing Details

  • OWNERNAME: Pioneer Properties
  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Security: Other, Smoke Detector(s)
  • Year Built Details: Preowned
  • Attribution Contact: 972-435-2187
  • CapRate: 8.36
  • Co List Office Mls Id: CHRG01
  • HumanModifiedYN: Yes
  • UniversalParcelId: urn:reso:upi:2.0:US:48113:36076500010050000
  • Special Features: VirtualTour
  • Year Built: 1970

Interior Features

  • Interior Amenities: Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Open Floorplan, Pantry, Walk-In Closet(s)
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Gas Cooktop, Gas Oven, Vented Exhaust Fan
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Slab
  • Fencing: Barbed Wire
  • Roof: Asphalt
  • Construction Materials: Brick
  • Pool Features: None
  • Waterfront: No
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Central Air
  • Carport Spaces: 2.0
  • Total Covered Spaces: 2.0
  • Parking Features: Additional Parking, Alley Access, Concrete, Covered, No Garage
  • Attached Garage YN: No
  • GarageYN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Utilities: Natural Gas Available, Sewer Available, Separate Meters, Water Available
  • Heating Yn: Yes

Schools

  • High School: Lancaster
  • Junior High Dist: Lancaster ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.207
  • Parcel Number: 36076500010050000
  • Lot Size Acres: 0.207
  • Lot Size Sq Ft: 9016.92

Building Info

  • Year Built: 1970
  • Units Total: 2

Multi Family

  • Insurance Expense: 1500.0
  • Annual Gross Income: 36000.0
  • Property Net Operating Income: 25000.0

Tax Info

  • TaxBlock: A
  • Tax Lot: 5
  • Tax Annual Amount: 6683.0

MLS Schools

  • MiddleOrJuniorSchool: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2026
Closed on
Apr 3, 2026
Sold by
Pioneer Group Properties Limited
Bought by
Malone Akem
Seller's Agent
Heidi Valerius
Chadwick Realty Group, The
Buyer's Agent
Chaz Swint
Keller Williams Realty
List Price
$299,000
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.33%
Original Mortgage
$11,743
Outstanding Balance
$11,743
Interest Rate
6.01%
Estimated Equity
$285,625

Purchase Details

Closed on
Aug 18, 2015
Sold by
Lestina Jerry L and Lestina Joyce E
Bought by
American Five Trading Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed -- Old Republic Title
Warranty Deed -- Providence Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $11,743 No Value Available
Open $293,584 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2026 04/03/26 Sold -- -- --
03/13/2026 03/13/26 Pending -- -- --
02/19/2026 02/19/26 For Sale $299,000 -- $148 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21184961

North Texas Real Estate Information Systems (NTREIS)

APN: 36076500010050000

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