702 Rea Ave Lancaster, TX 75146
Estimated payment $1,424/month
About This Home
Charming opportunity in Lancaster! This 3-bedroom, 2-bath home is ready for a buyer with vision. Featuring a spacious layout, large lot, and plenty of potential, it’s perfect for investors or first-time buyers looking to customize and add value. With a little TLC, this property can shine as a cozy home or profitable investment in a convenient location close to schools, parks, and shopping. Don’t miss this chance to create your dream space! SELLING AS-IS NO REPAIRS. BUYER TO PURCHASE SURVEY. BUYERS AGENT TO VERIFY ALL MEASUREMENTS AND SCHOOL DISTRICT, ETC.
Listing Agent
Surge Realty Brokerage Phone: 832-953-3700 License #0713086 Listed on: 10/04/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,083
Year Built
- Built in 1967
Lot Details
- 8,625 Sq Ft Lot
Parking
- 2 Car Attached Garage
- Alley Access
- Rear-Facing Garage
Interior Spaces
- 1,533 Sq Ft Home
- 1-Story Property
- Fireplace Features Masonry
Kitchen
- Electric Cooktop
- Microwave
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Schools
- Pleasant Run Elementary School
- Lancaster High School
Community Details
- H B Mccalla Subdivision
Listing and Financial Details
- Legal Lot and Block 1 / B
- Assessor Parcel Number 36066500020010000
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,582 | $257,540 | $55,000 | $202,540 |
| 2024 | $3,582 | $257,540 | $55,000 | $202,540 |
| 2023 | $3,582 | $257,540 | $55,000 | $202,540 |
| 2022 | $5,661 | $214,460 | $45,000 | $169,460 |
| 2021 | $4,573 | $160,120 | $35,000 | $125,120 |
| 2020 | $4,739 | $160,120 | $35,000 | $125,120 |
| 2019 | $4,125 | $135,070 | $25,000 | $110,070 |
| 2018 | $4,125 | $135,070 | $25,000 | $110,070 |
| 2017 | $3,866 | $126,240 | $20,000 | $106,240 |
| 2016 | $2,985 | $97,470 | $20,000 | $77,470 |
| 2015 | $1,463 | $79,300 | $16,000 | $63,300 |
| 2014 | $1,463 | $60,280 | $16,000 | $44,280 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/12/2025 12/12/25 | Pending | -- | -- | -- |
| 11/17/2025 11/17/25 | Price Changed | $175,000 | -7.4% | $114 / Sq Ft |
| 11/08/2025 11/08/25 | Price Changed | $189,000 | -5.0% | $123 / Sq Ft |
| 10/04/2025 10/04/25 | For Sale | $199,000 | -- | $130 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | None Available | |
| Vendors Lien | -- | None Available | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Trustee Deed | $87,346 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $132,554 | FHA | |
| Previous Owner | $60,000 | Purchase Money Mortgage | |
| Previous Owner | $64,600 | No Value Available |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21078539
APN: 36066500020010000
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