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$498,000

Est. payment - /mo

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6 Beds

4 Baths

10,193 Sqft Lot

Price Dropped by $12K

338 S Stewart Avenue Lancaster, TX 75146

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Pecan Hollow Estates

MLS Listing ID 20973209

Bedrooms 6

Full Baths 4

HOA Y/N None

Total Fin. Sqft 3361

Year Built 1980

Annual Tax Amount $6,216

Lot Size 10,193 Sqft

Acres 0.234

Property Sub-Type Duplex

Property Description

Don't miss this opportunity to own a full duplex located near the historic downtown of Lancaster, Texas. This well-maintained property includes two nearly identical vacant units, each featuring 1680 square feet of living space, 3 bedrooms, 2 bathrooms, a wood-burning fireplace, and a 2 car garage. The property is located with convenient proximity and quick access to several major highways in the Dallas-Fort Worth metroplex. Interstate 35 which runs northbound into downtown Dallas and southbound into Waxahachie. Interstate 20 is less than 10 minutes north of the property and connects many major roads within the city including Interstate 67 and Highway 45. The proximity of these major highways allows residents to quickly and easily navigate Dallas and its surrounding suburbs. This investment offers strong cash flow potential in a high-demand area. The units are move-in ready for new tenants with each unit previously leased out for $2000 each with the market showing potential rent increase.

Location

State TX

County Dallas

Direction From I-35 travel eastbound W Belt Line Rd. Then turn left (northbound) onto the 300 block of S Stewart Ave

Interior

Interior Features Cable TV Available, Open Floorplan, Pantry, Vaulted Ceiling(s)

Heating Central, Fireplace(s)

Cooling Central Air

Flooring Vinyl

Fireplaces Number 2

Fireplaces Type Brick, Wood Burning

Appliance Electric Cooktop, Electric Oven

Heat Source Central, Fireplace(s)

Exterior

Garage Spaces 2.0

Fence Back Yard, Wood

Utilities Available Cable Available, City Sewer, City Water

Roof Type Composition

Total Parking Spaces 4

Garage Yes

Building

Lot Description Landscaped

Story One

Foundation Slab

Level or Stories One

Structure Type Brick

Schools

Elementary Schools West Main

High Schools Lancaster

School District Lancaster Isd

Others

Ownership See CAD

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20973209

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Louis Pacheco • Rendon Realty, LLC

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+1(210) 687-3271

338 S Stewart Avenue Lancaster, TX 75146

LINK'D REALTY

Key Details

Location

Interior

Exterior

Building

Schools

Others

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338 S Stewart Avenue