1353 Southridge Dr, Lancaster, TX 75146
- $189,900
- 3
- BD
- 2
- BA
- 1,412
- SqFt
- List Price
- $189,900
- MLS#
- 21328639
- Status
- ACTIVE
- Type
- Single Family Residential
- Subtype
- Residential
- Style
- Detached
- Year Built
- 1984
- Bedrooms
- 3
- Full Baths
- 2
- Acres
- 0.17
- Living Area
- 1,412
- County
- Dallas
- City
- Lancaster
- Subdivision
- Meadow Creek Estates
- Number of Stories
- 1
- Architecture Style
- Detached
Property Description
Investor Special -Value-Add Single Family with Pool. Attention investors! This is an outstanding opportunity to add value in a desirable, established Lancaster neighborhood. Whether you're looking for your next flip, long-term rental, or BRRRR project, this property offers strong potential. This 3-bedroom, 2-bathroom home features 1,412 square feet of living space, a 2-car garage, and a private swimming pool. Built in 1984, the home has already had some work completed, allowing the next owner to step in with the remaining improvements based on their investment strategy. The property will require a new roof, pool repairs, and cosmetic updates- flooring, fixtures, etc. However, investors pursuing a rental strategy may find they can significantly reduce the renovation scope while still achieving strong rental performance, making this an attractive value-add opportunity. With an estimated After Repair Value (ARV) of approximately $279,000 and projected market rents of around $1,950 per month, this property presents multiple exit strategies for experienced investors. Bring your vision and maximize this property's potential.
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Additional Information
- Unexempt Taxes
- $5,196
- Amenities
- Fireplace, Pool
- Lot Size
- 7,492
- Acres
- 0.17
- Interior Features
- Pantry, Walk-In Closet(s)
- Stories
- 1
- Pool
- Yes
- Pool Features
- Pool
- Fireplaces
- 1
- Fireplace Type
- Wood Burning
- Garage Spaces
- 2
- Parking Garage
- Garage, Garage Faces Rear
- School District
- Lancaster Isd
- Elementary School
- Belt Line
- Middle School
- Lancaster
- High School
- Lancaster
- Possession
- CloseOfEscrow
Mortgage Calculator
Listing courtesy of Allison Guillot from Blue Atlas Realty. Contact: 682-323-0016
Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.
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