Just minutes from Quaint Historic Downtown Lancaster, Shopping, and Grocery Store. Oversized garage with Additional Storage and is Big Enough for a TX-Sized Pickup Truck! Nice Natural Lighting Inside Each Unit, Big Front Yard with Tall Mature Tree(s) Great Opportunity for Income Producing Property, And Walking Distance- Just Steps Across from Elementary School. 521 Francis St and 525 Francis St. 2 Units- One Side Occupied thru 2025. One Side is Vacant for Immediate Move-in Availability and Freshly Painted. Inviting, Homey, Spacious, and Open Floorplan(s)! Very Large Family Room and Bedrooms. Lots of Storage in the Kitchen. And a Large Walk-in Laundry Room with Ample Storage. Ajoined Backyard Space. Mature Trees, Long Driveways, and 2 Garages for Each Unit. Plumbed for gas in the kitchen. Tall and Elonged Toilet Recently added to Vacant Unit. A 30-year Roof was Installed in 2018. Buyer to verify all measurements, facts, utilities, features, income, etc.BEING SOLD AS IS. Both units are in good condition overall.
Exceptional Investment Opportunity: This unique duplex, hosting long-term tenants, represents a rare find in the market. Ideal for both novice and seasoned real estate investors, this property, constructed in 2007, aligns perfectly with a long-term investment strategy. With rental rates poised for an upcoming increase on both units, the potential for enhanced annual cash flow is significant. Given its desirability and the value it offers, this property is expected to attract keen interest swiftly. Both units are 4 bedrooms, 2 bathrooms and 2 car garage each
Lancaster is located in Texas. Lancaster, Texas has a population of 41,057. Lancaster is less family-centric than the surrounding county with 32.03% of the households containing married families with children. The county average for households married with children is 32.82%.
The median household income in Lancaster, Texas is $59,952. The median household income for the surrounding county is $65,011 compared to the national median of $69,021. The median age of people living in Lancaster is 32.5 years.
The average high temperature in July is 94.8 degrees, with an average low temperature in January of 33.4 degrees. The average rainfall is approximately 40.2 inches per year, with 0.6 inches of snow per year.