1353 Southridge Drive, Lancaster, TX 75146
Local realty services provided by:ERA Newlin & Company
Listed by: allison guillot
Office: blue atlas realty
MLS#:21328639
Source:GDAR
Price summary
- Price:$169,000
- Price per sq. ft.:$119.69
About this home
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....
Contact an agent
Home facts
- Year built:1984
- Subdivision & Development:Meadow Creek Estates
- Listing ID #:21328639
- Added:56 day(s) ago
- Updated:September 06, 2026 at 12:09 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Kitchen Description:Dishwasher, Disposal, Electric Range
- Living area:1,412 sq. ft.
Structure and exterior
- Year built:1984
- Building area:1,412 sq. ft.
- Lot area:0.17 Acres
- Levels:1 Story
Schools
- High school:Lancaster
- Middle school:Lancaster
- Elementary school:Belt Line
Finances and disclosures
- Price:$169,000
- Price per sq. ft.:$119.69
- Tax amount:$5,196
Features and amenities
- Appliances:Dishwasher, Disposal, Electric Range
Parking
- Garage:Yes
- Garage spaces:2
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