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607 Arbor Lane

Lancaster, TX 75134
  • $299,000
  • STATUS: Active Option Contract
  • ON SITE: 15 Days
  • MLS #: 21184961
Under Contract
UPDATED: 40 min ago
$299,000
  • 4
    BEDS
  • 0.21
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1970
County:
Area:

School Information

High School:
School District:
Offered by Heidi Valerius of Chadwick Realty Group, The: 972-435-2187.

Description

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 incomeHouse hackers — live in one unit, rent the otherMulti-generational families wanting side-by-side livingPortfolio expansion with a low-maintenance assetWith 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!

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© 2026 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hargrove Realty Group | Keller Williams. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Hargrove Realty Group | Keller Williams are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-03-06T23:43:14.973.
www.hargroverealtygroup.com/homes/173189784
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607 Arbor Lane Lancaster, TX 75134

  • Price: $299,000
  • Status: Active Option Contract
  • On Site: 15 Days
  • Updated: 40 min ago
  • MLS #: 21184961
4
Beds
2
Baths
0
½ Baths
0.21
Acres
1970
Built
Neighborhood:
Pleasant Run Heights
County:
Dallas
Area:
Lancaster
High School:
Lancaster
School District:
Lancaster ISD
Property Description
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 incomeHouse hackers — live in one unit, rent the otherMulti-generational families wanting side-by-side livingPortfolio expansion with a low-maintenance assetWith 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!
Exterior Features

Carport Spaces 2 Construction Brick Covered Spaces 2 Exterior Features Covered Patio/Porch Fencing Barbed Wire Foundation Slab Parking Or Garage Additional ParkingAlley AccessConcreteCoveredNo Garage Parking Spaces 2 Pool On Property No Roof Asphalt Waterfront YN No

Interior Features

Appliances DishwasherElectric CooktopElectric OvenElectric Water HeaterGas CooktopGas OvenVented Exhaust Fan Attached Garage No Basement No Cooling Central Air Flooring CarpetCeramic TileLaminate Garage No Handicap YN No Heating Natural Gas Interior Features Decorative LightingEat-in KitchenOpen FloorplanPantryWalk-In Closet(s)

Property Features

Accessory Unit YN No Alarm Or Security Type Smoke Detector(s)Other Building Area Source Assessor Building Area Total 2022.00 Complex Name None Construction Status Preowned Gross Annual Expenses 5000.00 Gross Annual Income 36000.00 HOA None Insurance Expense 1500 Intermediate School Name GW Carver 6th Grade Lake Pump No Levels One Listing Terms 1031 ExchangeCashFHAFHA-203KFixed Municipal Utility District No Net Operation Income 25000 Possession Closing/Funding Property Type Duplex Tenancy Other Unexempt Taxes 6683 Utilities City SewerCity WaterIndividual Gas Meter Will Subdivide No

North Texas Real Estate Information Systems MLS logo Listing information © 2026 North Texas Real Estate Information System.


© 2026 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hargrove Realty Group | Keller Williams. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Hargrove Realty Group | Keller Williams are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-03-06T23:43:14.973.
 
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Hargrove Realty Group | Keller Williams
48 Emerald Pond Dr
Frisco TX, 75034
Offered by Heidi Valerius of Chadwick Realty Group, The: 972-435-2187.